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renewable energy

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...

A recent article from the U.S. Chamber of Commerce’s Institute for 21st Century Energy uses a NERA Economic Consulting study as evidence that meeting U.S. climate change commitments will cause economic hardship, particularly in the manufacturing sector. WRI researchers found that the Chamber’s conclusions are based on a decarbonization pathway that is unrealistic and unnecessarily costly.

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