China, the world’s largest emitter, is making strides to reduce its emissions by pricing carbon, investing in renewables and expanding energy efficiency.
international climate policy
Under Russia's new post-2020 climate change commitment, the country could actually increase its emissions 40-50 percent above current levels by 2030.
Research shows that between 2015 and 2030, the world will need to invest an average of $6.2 trillion annually in infrastructure. More than 120 financial actors recently came together to discuss ways to secure this finance and ensure it supports low-carbon, climate-resilient projects.
The new US commitment to tackling climate change is a serious and achievable plan. The country will double its rate of emissions cuts between 2020 and 2025, reducing emissions 26 to 28 percent below 2005 levels by 2025.
Mexico committed to reduce its greenhouse gas emissions by 22 percent from business-as-usual levels by 2030, becoming the first developing country to submit its post-2020 national climate action plan.
In response to the United States’ submission of its proposed climate action plan to the United Nations, known as its “intended nationally determined contribution” (INDC), World Resources Institute board members released the following statements:
Felipe Calderón, former President of México, Chair of the Global Commission on the Economy and Climate and Board Member, WRI:
The United States submitted its proposed climate action plan, known as its “intended nationally determined contribution” (INDC) for inclusion in the global climate agreement to be finalized in Paris this December. The proposal includes a target to cut greenhouse gas emissions between 26 to 28 percent below 2005 levels by 2025.
Following is a statement by Jennifer Morgan, Global Director, Climate Program, WRI:
Mexico issued its official proposed national climate action commitment, known as its “intended nationally determined contribution” (INDC) to the forthcoming global climate agreement. Mexico is the first developing country to submit its INDC to the United Nations. The draft proposal will peak the country’s emissions by 2026 and describes policies it will use to reach its emission reduction goals.
The following is a statement from Jennifer Morgan, Global Director, Climate Program, World Resources Institute:
WASHINGTON (March 17, 2015)— The World Resources Institute announced today that Paul Bodnar will join the organization as a senior advisor for WRI's Sustainable Finance Center. Bodnar will help lead the Finance Center’s work on climate finance technical analysis, strategy and policy. Most recently, Bodnar served at the White House as director for Climate Change and Environment at the National Security Council.
The EU's announcement of its post-2020 climate commitment, i.e. INDCs, advances their path to a low-carbon future, but there are ways its pledge could be better.