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The UN climate negotiations (COP23) presided over by a Fiji Presidency concluded in the early hours today in Bonn, Germany with countries making progress on the rules for the Paris Agreement and putting in place a process to assess progress on climate action that should set the stage for countries to commit to enhancing their climate commitments by 2020. Following is a statement from Paula Caballero, Global Director, Climate Program, World Resources Institute:

Financing the Energy Transition: Are World Bank, IFC, and ADB Energy Supply Investments Supporting a Low-Carbon Future?

Finance provided and catalyzed by multilateral development banks (MDBs) will help pay for implementation of the UN Sustainable Development Goals and the Paris Climate Agreement in many developing countries. Although MDBs already track and report on their climate finance, less is known about how...

For the 13th year, World Resources Institute will host Stories to Watch, an event looking at the big stories that will shape the world in the coming year. Dr. Andrew Steer, president & CEO, World Resources Institute, will offer his views on the major economic, social, environment and development issues for 2016.

The decisions each country, business and investor makes today will directly impact global climate and development goals. Do it right and we can feed 9 billion people, provide clean electricity for all and grow the economy while protecting the environment.

At the 2015 international climate summit in Paris, Parties to the UN Framework Convention on Climate Change (UNFCCC) agreed to design and adopt the rules and procedures that will guide countries in meeting their obligations under the Paris Agreement on climate change. As the past two years have shown, negotiating fair and robust implementation guidelines remains a difficult task, as countries navigate complex technical options and vastly different political interests.

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