The excitement around clean energy access through distributed renewable energy has a good basis in real world experience. By creating the right policy and regulatory conditions, international clean energy access initiatives can help other countries benefit from greater access to electricity through distributed renewable energy.
For the first time ever, the G7 rallied behind a long-term goal to decarbonize the global economy over the course of this century.
BONN, GERMANY/WASHINGTON, DC (JUNE 8, 2015) — On June 7th and 8th, government leaders met at the G7 Summit in Schloss Elmau, Germany. On the topic of climate change, G7 leaders demonstrated their support for a goal to phase out greenhouse gas emissions over the course of this century and reached a set of decisions to enhance climate finance to help poor countries build resilience and adopt cleaner sources of energy.
Entering the second and final week of key climate change negotiations in Bonn, it's clear that the pace of the talks needs to kick into higher gear.
BONN, GERMANY/WASHINGTON, DC (JUNE 5, 2015) — On June 7th and 8th, government leaders will convene at the G7 Summit in Schloss Elmau, Germany. Climate change is expected to be one the most substantial topics of discussion, including scaling up financing and establishing a long-term goal to decarbonize the world’s economy by mid-century.
Getting to $100 Billion: Climate Finance Scenarios and Projections to 2020 is one of the first quantitative analyses of realistic funding scenarios to achieve the climate finance goal of $100 billion annually by 2020. It shows that if a variety of sources are included, climate finance could total $109 to $155 billion in 2020 under projections of low-medium growth and leverage.
This paper contributes to the dialogue about what types of finance could count toward the $100 billion goal.
We analyze this question quantitatively by projecting various finance sources forward to 2020 to demonstrate the scenarios under which reaching the $100 billion goal is possible....
As countries spend more on adapting to a changing climate, a key question remains: Are these funds really reaching the most vulnerable?