China recently issued its first directive on “green bonds,” funds exclusively applied to finance new and existing green infrastructure projects. The new standards should help scale up the use of green bonds and usher in new low-carbon projects like renewable energy and public transit systems.
The urgent imperative of tackling climate change is rarely associated with the dry science of budgeting and fiscal policy—but it should be. Director of WRI's Governance program Mark Robinson explains.
A new initiative launched in Paris this week demonstrates the growing recognition that action by financial institutions – both public and private – is necessary to begin shifting trillions of dollars toward low-carbon development.
A new report shows how civil society groups can track the flow of adaptation funds and ensure money is used productively.
In Paris today, a coalition of more than a dozen African countries, nine financing organizations and 10 technical partners announced a new initiative called the African Restoration Initiative (AFR100), with the goal of restoring 100 million hectares of degraded and deforested land in Africa by 2030.
As of this Monday, 174 countries had submitted their national climate plans to the UN, in preparation for the Paris climate summit that begins next week. These “Intended Nationally Determined Contributions” (INDCs) show countries are stepping up to take collective action to address climate change. Governments have set out a variety of different approaches, including specifying absolute emissions-reduction targets, setting economy-wide emissions intensity goals, outlining efforts to adapt to the impacts of climate change, and detailing specific actions they plan to take in a range of...
WRI President and CEO Andrew Steer answers the question: Is it possible to enjoy rising levels of prosperity and also enjoy clean air, pure water, green spaces and uncongested, livable cities?
A new report lays out clear recommendations for how the Chinese government can put the right policies in place to shift investments from polluting to sustainable industries.
Brazil has what may seem like a fortunate problem: public finance is too readily available for transport projects, and this can undercut the market and crowd out private investment. A successful example of private investment in public transport is Sao Paulo's Linha 4, which integrates disparate transit systems and improves access to jobs.
Success Stories for Brazilian Cities
This paper explores strategies and approaches that effectively minimize risks for private investors in Brazil’s transport sector.