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climate change

WRI Climate Director Jennifer Morgan describes COP 21 as "a chance to change course together through a new form of international cooperation—hopefully in time to save the planet."

The international community has adopted a goal to limit global warming below 2°C (3.6°F) above preindustrial levels (and consider 1.5 degrees C) in order to avoid some of the worst climate impacts. However, the 2°C goal does not easily guide every day decision-making because it does not state who needs to act, by how much and by when. So negotiators are considering a second, complementary goal which would operationalize the target to limit warming below 2°C. Many have termed this a “long-term goal” which would aim to send a much clearer signal to the world what pathway key players need to follow to stay below 2°C.

Last week, the Green Climate Fund (GCF) Board met for its last meeting before the upcoming climate talks in Paris. Countries created the GCF to be the main global fund for climate finance, and as such, it could play a vital role in delivering the goals of an agreement in Paris. If the GCF is to be a key player in the future climate regime, it needs to show that it can effectively spend money. Is it up to the task?


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