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Blog Posts: climate finance

  • Learning from a “Living Laboratory”: 5 Lessons for the Green Climate Fund

    The CIFs—a pair of multilateral climate finance funds designed to help developing countries pilot low-carbon, climate-resilient development—have been called a “living laboratory” for climate finance. Because they are one of the largest international climate finance funds and have been in operation for six years, other emerging funds can learn from their experiences. In particular, the Green Climate Fund (GCF)—which is expected to become the main vehicle for securing and distributing global climate finance—can benefit from the lessons coming out of the CIFs experience. We provide a few takeaways that provide lessons for the GCF.

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  • Closing the Renewable Energy Investment Gap

    There’s a growing gap between current investment in low-carbon energy and what’s needed to meet world demand while avoiding the worst impacts of climate change. The good news is there’s sufficient capital and investor interest to close much of this gap.

    However, policies that encourage market certainty and level the playing field between different energy sources are needed to attract the volume of investment required, according to a special International Energy Agency (IEA) report, the World Energy Investment Outlook, released this month.

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  • Tracking Climate Finance in Developing Countries: Easing the Way Forward

    A new WRI working paper, “Monitoring Climate Finance in Developing Countries: Challenges and Next Steps,” draws on a series of three regional workshops in Latin America, Africa, and Asia where representatives from governments and other agencies discussed the challenges in monitoring climate finance flows, and some of the efforts their countries are making to overcome these challenges.

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  • Lessons from Mexico: Mobilizing Investment in Wind Power

    WRI’s six-part blog series, Mobilizing Clean Energy Finance, highlights individual developing countries’ experiences in scaling up investments in clean energy and explores the role climate finance plays in addressing investment barriers. The cases draw on WRI’s recent report, Mobilizing Climate Investment.

    Mexico’s experiences with wind energy provide an important case study for policy makers pursuing renewable energy deployment in other countries.

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  • Lessons from South Africa: Mobilizing Investment in Renewable Energy

    WRI’s six-part blog series, Mobilizing Clean Energy Finance, highlights individual developing countries’ experiences in scaling up investments in clean energy and explores the role climate finance plays in addressing investment barriers. The cases draw on WRI’s recent report, Mobilizing Climate Investment.

    South Africa’s experiences with wind energy provide an important case study for policy makers pursuing renewable energy deployment in other countries.

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  • Green Climate Fund Board Looks to Accreditation Process: Can it Strike the Right Balance?

    The Green Climate Fund is holding its 7th Board meeting in Songdo, Korea this week. One of the most difficult questions that the GCF Board will grapple with is how entities will become “accredited” to receive GCF funds to help developing countries mitigate and adapt to climate change.

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  • What Is the Role for Transformation in Adaptation?

    Transformation is a word we use so often in our daily lives that it seems strange to stop and think about what it really means. But in adaptation circles, the definition and role of transformation has recently become a hot topic of conversation, in part because transformational change was an important theme of the recent IPCC Fifth Assessment Report, Climate Change 2014: Impacts, Adaptation, and Vulnerability.

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  • Q&A with Dr. Karin Kemper: How Is the World Bank Addressing Climate Change?

    The World Bank consistently makes the link between poverty elimination and the need to curb climate change. Yet a WRI analysis shows that of the investments the World Bank financed between 2012 and 2013, only one-quarter addressed climate change risks.

    Dr. Karin Kemper, director of climate policy and finance in the World Bank Group’s (WBG) Climate Group, shares the Bank's current and future plans to more fully incorporate climate change mitigation and adaptation into its international development agenda.

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  • Making Adaptation Finance Work

    Recently, WRI hosted a roundtable on Adaptation Finance in Washington, D.C., bringing together experts in development and climate finance to discuss this challenge: Countries and donors are mobilizing hundreds of millions of dollars to help people adapt to a changing climate. How do they get it to the local communities that need it most?

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  • Injecting Urgency into the World Bank's Climate Change Efforts

    Although the World Bank has successfully addressed a number of important economic and social risks in its projects, it is falling short in recognizing climate risks. As the World Bank refreshes its long-term strategies, this is a key moment to bring climate change—and more broadly, sustainability—to the forefront of its investment agenda.

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