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...
Catalyzing the fundamental, systemic shifts needed to build resilience in a changing climate
More than two years after the adoption and signing of the historic Paris Agreement on climate change, and following its unprecedented rapid entry-into-force, the hard work of implementing the Paris Agreement is just getting going. Turning this landmark pact into a functioning regime requires adopting the rules of the game...
Governments will meet Wednesday in Stockholm to decide how to replenish the Global Environment Facility (GEF), a fund that helps developing nations meet international environmental agreements. GEF grants finance everything from toxic chemical clean-up to biodiversity protection to anti-wildlife trafficking efforts.
The 2018 United States budget poses some complications for climate finance. It will take time for its implications to be clear—here's what to watch.
Multilateral development banks can put a charge into climate finance through expanded use of de-risking approaches, like guarantees and similar instruments.
U.S. nonfederal leaders who support the Paris Agreement can help support the poorest and most climate-vulnerable populations.
Because better information about climate finance offers big benefits, Colombia worked with WRI and its partners on a new system to measure, report and verify how much funding goes toward climate change projects. Launched November 27, the system has registered $6 billion worth of climate change actions.
Something very important is happening in global finance: the $70 trillion in institutional investment pools is turning a little greener.