The UN climate negotiations (COP23) presided over by a Fiji Presidency concluded in the early hours today in Bonn, Germany with countries making progress on the rules for the Paris Agreement and putting in place a process to assess progress on climate action that should set the stage for countries to commit to enhancing their climate commitments by 2020. Following is a statement from Paula Caballero, Global Director, Climate Program, World Resources Institute:
Financing the Energy Transition: Are World Bank, IFC, and ADB Energy Supply Investments Supporting a Low-Carbon Future?
Finance provided and catalyzed by multilateral development banks (MDBs) will help pay for implementation of the UN Sustainable Development Goals and the Paris Climate Agreement in many developing countries. Although MDBs already track and report on their climate finance, less is known about how...
Something very important is happening in global finance: the $70 trillion in institutional investment pools is turning a little greener.
Two years after the Paris Agreement on climate change, representatives from around the globe will convene in Bonn, Germany, on November 6 for the next round of United Nations talks. Here are four signs to watch at these pivotal negotiations.
International Monetary Fund leaders have begun thinking about how to transition away from fossil fuels, but aren't yet incorporating climate impacts into their vital analyses. Here's how they can start.
Designing and Testing a Methodology to Estimate Private Climate Finance Mobilization from Policy and Other Causal Factors
Climate finance is increasingly important with the recent entry into force of the Paris Agreement. Countries will need significant amounts of climate finance to meet their Nationally Determined Contributions, and the largest pools of finance exist in the private sector. Consequently,...
Multilateral development banks are key pistons in the climate finance engine, providing significant international financing for climate adaptation and mitigation and mobilizing private sector capital. Our analysis of the latest snapshot of MDB climate finance for 2016 offers cause for celebration – and concern.
French President Emmanuel Macron's planned summit in December, two years after the Paris Agreement, aims to foster more climate action, notably on the financial front. Here's what the summit can deliver to boost the global climate finance system.
When President Donald Trump announced his intention to pull the United States out of the Paris Agreement, he had plenty to say about international climate funding. Much of it was simply inaccurate.
President Trump's 2018 budget request for fiscal 2018 makes clear that international climate finance is in the crosshairs, undermining U.S. economic, diplomatic and security interests around the world.