The United States spent $2.6 billion in 2015 to support developing countries in mitigating and adapting to climate change. While this finance represents just 0.07 percent of the federal budget, it boosts U.S. business, promotes international development and improves national security.
Last week, the Board of the Green Climate Fund (GCF) convened in Songdo for its penultimate meeting in 2016. As the biggest multilateral climate fund to date, the GCF has a vital role to play in delivering on the goals of the Paris Agreement. While the GCF has made some progress in the last year—including approving its first projects, adopting a strategic plan, strengthening its...
Developed countries today released a roadmap for how they will meet their commitment to mobilize $100 billion of climate finance per year by 2020 to support developing countries. The roadmap projects that public climate finance will reach $67 billion by 2020.
Finance is always a hot topic at climate negotiations, and this year's COP22 is no exception. Here are five key climate issues to watch at the Marrakech meeting in November.
A report from the World Resources Institute offers new evidence that the modest investments needed to secure land rights for Indigenous Peoples in the Amazon will generate billions of dollars in returns—economically, socially and environmentally—for governments, investors and communities.
WASHINGTON (August 22, 2016)—The 2016 G20 Summit in Hangzhou, China is just around the corner, September 4-5, and will be the first G20 Summit since the Paris Agreement was reached last December. Many are looking to the G20 for a clear signal from world leaders that the message of Paris was received, and that member countries are putting climate and clean energy action at the heart of their growth agendas.
With three months to go until the next international climate negotiations, many developing countries are working hard to live up to the promises made in the Paris Agreement. But many institutions in developing countries face challenges in accessing and effectively deploying international climate finance. Representatives of two groups from Africa -- the Senegal-based Centre de Suivi Ecologique and Kenya's National Environmental Management Authority -- got together in July to help each other tackle some of these challenges.
The United States and India have either created or ramped up 15 bilateral programs on climate change and clean energy over the past two years. The state visit next week is an opportunity to further advance the countries' collaboration in three areas.
The Adaptation Futures conference in Holland last week brought together more than 1,700 practitioners and researchers from more than 95 countries—the largest-ever conference on climate adaptation. From the discussions, it's clear than 2016 is quickly becoming the year of action on resilience.