India garnered international attention this week for its climate action. As President Barack Obama visited the country at Prime Minister Narendra Modi’s invitation, the two leaders announced a new U.S.-India agreement on clean energy and climate change.
During a presidential trip to India for India’s Republic Day celebrations, U.S. President Barack Obama and Prime Minister Narendra Modi made major climate and clean energy announcements. India announced that it would establish a goal for the overall share of renewable energy in its energy mix, building on its recently increased solar energy target to upward of 100 GW by 2022; a new wind energy target of 60 GW is also under consideration.
In his State of the Union address, President Obama reaffirmed his commitment to address climate change. As he said, "no challenge -- no challenge -- poses a greater threat to future generations than climate change."
In response to President Obama’s State of the Union address, following is a statement from Dr. Andrew Steer, President and CEO, World Resources Institute:
Recent research from the New Climate Economy Report reveals that climate action can bring economic benefits.
By urging governments and other stakeholders to enact responsible policies on climate, multi-national corporations can help shift public perception away from the false dichotomy of “environment vs. economy” and create the political conditions for progress.
This fact sheet offers an overview of key scientific takeaways from 2014, ranging from record-high temperatures to landmark findings related to climate change.
A new WRI study finds that there are many win-win opportunities for the United States to reduce emissions and save money for consumers and businesses. Our blog series, Lower Emissions, Brighter Economy, evaluates these opportunities across five key areas—power generation, electricity consumption, passenger vehicles, natural gas systems and hydrofluorocarbons (coming soon) —which together represent 55 percent of U.S. greenhouse gas emissions.
Oil prices are plummeting, the United States and China made a major joint climate announcement, and renewable energy reached price parity with coal in a growing number of markets. Iconic tech companies—including Google and Apple—are playing a larger role in both renewable energy and home energy efficiency.
Against this backdrop, 2014 is on track to go down as the world’s hottest year ever recorded. Already, the first 10 months of 2014 have been the hottest on record globally. This is a troubling trend.
Despite difficult negotiations in Lima, discussions signaled the positive outlook among development banks for expanding climate finance in Latin America and the Caribbean.
With increasing low-carbon investments, pledges to the Green Climate Fund, and ambitious renewable energy and efficiency targets demonstrate robust political and financial commitments, building momentum for a strong global response to climate change.
Tracking Adaptation Finance at the Subnational Level
This working paper explores local finance structures in Nepal, the Philippines, Uganda and Zambia.
It highlights challenges and good practices in channeling funding to communities that are vulnerable to climate change.
Last month India pledged to increase national solar generation capacity to 100 gigawatts (GW) by 2022, but connecting solar projects to the country’s grid has been difficult in the past and could limit progress toward the new goal. Fortunately, an innovative decision by the Indian state of Karnataka may show how to solve the problem.