For country commitments to form the basis of an effectively functioning agreement, a framework of international climate machinery needs to be built around them.
President Obama reiterated his commitment to combating climate change during this week's State of the Union address.
Mitigating these impacts means turning the many climate commitments of 2014 into tangible action in 2015.
As world leaders deal with climate change, aim to lift more people out of poverty, and make the world a more sustainable, prosperous place in 2015, here are the top Stories to Watch, according to WRI’s experts and as presented by WRI President and CEO Andrew Steer on January 8.
Tracking Adaptation Finance at the Subnational Level
This working paper explores local finance structures in Nepal, the Philippines, Uganda and Zambia.
It highlights challenges and good practices in channeling funding to communities that are vulnerable to climate change.
Lawrence McDonald, Director of Communications at WRI, shares his COP20 Lima experience.
After two weeks of difficult negotiations and a nail-biting finale, delegates in Lima laid the groundwork for a successful international climate agreement in Paris next year.
This afternoon Secretary John Kerry made a speech at the UN climate summit in Lima, Peru.
Following is a statement from Jennifer Morgan, Global Director, Climate Program, World Resources Institute:
“Secretary Kerry delivered a powerful message at Lima: by this time next year, countries need to deliver a global climate agreement. Without strong and coordinated global action, the risks of climate change are far too great.
Today, at the international climate conference in Lima, Peru (COP20), the government of Belgium pledged to contribute more than 50 million Euros (around $62 million US) to the Green Climate Fund, edging the fund past its $10 billion goal for 2014. This is an important marker in making the Green Climate Fund operational.
Following is a statement by Athena Ballesteros, Finance Director, World Resources Institute:
What is an equitable way of taking action in the context of growing emissions and climate impacts, from water scarcity and depressed agricultural yields to severe weather events?
And how can we reduce emissions and build climate resilience while taking into account varying human development needs?
Adaptation finance accountability is key to addressing obligations of national governments and international organizations to provide support, but actual funding decisions are often made without involving the populations hit first and worst by climate change, or without understanding how communities are vulnerable.
So who is accountable for making good use of adaptation funds, and who should hold whom accountable?