Forest Resilience Bonds are a new investment instrument; money is fronted to pay for forest restoration, which improves water quality and reduces fires, with beneficiaries offering dividends.
Developed countries today released a roadmap for how they will meet their commitment to mobilize $100 billion of climate finance per year by 2020 to support developing countries. The roadmap projects that public climate finance will reach $67 billion by 2020.
Restoring degraded landscapes and forests has the potential to enhance social and economic well-being while delivering powerful environmental benefits. The challenge is getting the funding to make that happen.
A G20 communique on green finance and new national guidelines on greening China's financial system could help shift investments from high-carbon to low-carbon sectors.
The world spends about $50 billion on restoration and conservation every year. That's about $300 billion less than what's needed.
WASHINGTON (September 5, 2016) — At the G20 summit in China, world leaders announced some commitments to further integrate climate change and clean energy into the economic growth agenda.
The World Bank's new Environmental and Social Framework, four years in the making, is designed to ensure that the approximately $30 billion the bank invests each year goes to projects that are safe for people and the environment. This framework is likely to have an impact on the policies of other development banks and governments around the globe.
Eight Actions for Urban Leaders
With record-breaking temperatures year after year and escalating extreme weather and climate impacts, the need for adaptation has long been apparent. Now it's finally moving beyond urgency into real action on the ground.
New WRI research comparing high-carbon and low-carbon investment in transportation shows that the low-carbon path offers potential savings of $300 billion a year and is within existing financial flows.