The CIFs—a pair of multilateral climate finance funds designed to help developing countries pilot low-carbon, climate-resilient development—have been called a “living laboratory” for climate finance. Because they are one of the largest international climate finance funds and have been in operation for six years, other emerging funds can learn from their experiences. In particular, the Green Climate Fund (GCF)—which is expected to become the main vehicle for securing and distributing global climate finance—can benefit from the lessons coming out of the CIFs experience. We provide a few takeaways that provide lessons for the GCF.
There’s a growing gap between current investment in low-carbon energy and what’s needed to meet world demand while avoiding the worst impacts of climate change. The good news is there’s sufficient capital and investor interest to close much of this gap.
However, policies that encourage market certainty and level the playing field between different energy sources are needed to attract the volume of investment required, according to a special International Energy Agency (IEA) report, the World Energy Investment Outlook, released this month.
The Hampton Roads area in Virginia is experiencing the highest rates of sea-level rise along the entire U.S. East Coast. The area is also second only to New Orleans, LA, as the largest population center at risk from sea-level rise in the country.
This fact sheet provides information...
Ricardo Lagos, former President of Chile 2000-2006 and Festus Mogae, former President of Botswana 1998 -2008, co-authored this blog post as members of the High Level Advisory Committee to the Climate Justice Dialogue. They offer three decisive reasons for immediate and substantial capitalization of the Green Climate Fund.
After the 2011 Fukushima Daiichi nuclear disaster, Japan halted all existing nuclear operations and significantly scaled back its 2020 emissions-reduction target. As Japan revises its energy policy over the next few years, officials will decide the future of the country’s energy mix—and its climate action.
New research reveals that Japan can likely go beyond its emissions-reduction target with existing initiatives, but needs to pursue more ambitious action in the long-term to truly overcome the climate change challenge.
A new WRI working paper, “Monitoring Climate Finance in Developing Countries: Challenges and Next Steps,” draws on a series of three regional workshops in Latin America, Africa, and Asia where representatives from governments and other agencies discussed the challenges in monitoring climate finance flows, and some of the efforts their countries are making to overcome these challenges.
An Overview of the Current Policy Landscape
In 2013, in the aftermath of the Fukushima Daiichi nuclear power plant disaster, the government of Japan put forth a revised target to reduce greenhouse gas (GHG) emissions by 3.8 percent from 2005 levels by 2020.
This paper analyzes this target and finds that Japan can likely meet it by...
As governments and citizens look for ways to reduce the risks they face from climate change, one option at their disposal is the National Adaptation Plan (NAP) process developed under the U.N. Framework Convention on Climate Change (UNFCCC).
Heather McGray draws on her experience at the Experts Meeting on the NAP Technical Guidelines in Tanzania to explain key features of the NAP process.
What do Australia, the United Kingdom and the United States have in common? They are among the few countries that are linking their national greenhouse gas (GHG) emissions data with GHG data from individual industrial facilities.
Inventories are a fundamental tool for countries and facilities to measure and manage their GHG emissions. Establishing these linkages and sharing data between different inventory systems will continue to be critical in improving the quality of inventories, increasing their usefulness, reducing emissions at both the national and facility level, and enhancing their value for decision makers.
Although there is no “one-size-fits-all” solution to developing a sustainable national GHG inventory system, countries can learn from each other’s experiences: What’s worked and why? What hasn’t worked and why? And how have countries built their capabilities for compiling a national inventory over time?