The Green Climate Fund is holding its 7th Board meeting in Songdo, Korea this week. One of the most difficult questions that the GCF Board will grapple with is how entities will become “accredited” to receive GCF funds to help developing countries mitigate and adapt to climate change.
While investment from more developed countries has remained about the same in recent years, China’s flows to Africa have increased significantly, fueling excitement about development and concern about the effects on the environment and communities.
As China’s impact increases, it can take steps now to make sure it sets a new standard for responsible lending and investment in Africa.
Ownership and Accountability in Social and Environmental Safeguards
Global growth has not come without costs: Pollution, natural resource depletion, climate change, and the disruption of ecosystem services are now felt around the world.
This report aims at helping investors in developing countries develop effective social and environmental safeguard...
The World Bank consistently makes the link between poverty elimination and the need to curb climate change. Yet a WRI analysis shows that of the investments the World Bank financed between 2012 and 2013, only one-quarter addressed climate change risks.
Dr. Karin Kemper, director of climate policy and finance in the World Bank Group’s (WBG) Climate Group, shares the Bank's current and future plans to more fully incorporate climate change mitigation and adaptation into its international development agenda.
Reporting on a Series of Three Workshops
This working paper reports on a series of three regional workshops in which participants from governments in Latin America, Africa and Asia reflected on the main technical, policy, and capacity challenges to monitoring climate finance, and exchanged experiences on efforts that are under way in...
Tracking Public and Private Investment in Transport
This paper attempts to quantify capital investment in transport around the world. Distinguishing public and private investment at the national and international level is the first step needed to shift investment towards more sustainable, low-carbon modes and systems.
New analysis quantifies the total annual transport capital investment around the world. The Trillion Dollar Question: Tracking Public and Private Investment in Transport working paper finds that the global transport investment is between US$1.4 and US$2.1 trillion each year, enough to fund the capital budget of New York’s subway 88 times.
This finding and others have significant implications—both for the cities of today and for investing in the future cities we want.
Making the Green Climate Fund's Allocations Add Up to its Ambition...
This post is co-written with Neil Bird, Research Fellow in the Climate and Environment Program of the Overseas Development Institute (ODI), and Maliheh Birjandi-Feriz, former WRI intern with the Sustainable Finance team.
This working paper examines the resource...
Two and a half millennia ago, Plato announced that “Human behavior flows from three things: desire, emotion, and knowledge.” Unfortunately, our human and corporate behavior on climate change is not even close to where it needs to be. But if the great philosopher was right (and he usually was), 2013 may have been a game changer.
The big news from 2013 came from gains in knowledge. New tools and research are opening our understanding much wider than before. But will we act on this? Knowledge can spur action, but this path is not guaranteed.