This fact sheet updates a May 2012 working paper on the U.S. fast-start finance (FSF) contribution over the 2010-2012 period. It analyzes the financial instruments involved in the U.S. self-reported portfolio—about $7.5 billion, or 20 percent of the total FSF commitment globally. It also identifies the extent to which climate change objectives target adaptation and mitigation through recipient institutions in developing countries. It is intended to provide a range of key players in climate finance—including policymakers, development finance institutions, companies, and non-governmental organizations—with an assessment of past efforts to define, deliver, and report U.S. FSF in order to inform delivery of future climate finance.
Limiting global temperature rise to 2°C above pre-industrial levels will require billions of dollars in investments each year to mitigate greenhouse gas emissions and shift to low-emissions development pathways. This report draws on the experiences of six developing countries to examine how public climate finance can help meet the significant investment needs of developing countries by creating attractive conditions for scaled-up investment in low-carbon energy. Building on lessons from the case studies, it provides a number of recommendations for international climate funds and institutions, in particular for the new Green Climate Fund.
The World Bank Group just released a groundbreaking new report on climate change, called Turn Down the Heat, which offers a vivid assessment of what 4 degrees Celsius of global temperature rise would mean for the world.
With the U.S. elections just completed and the Doha climate talks fast approaching, this is an important moment to consider where progress can be made on international action to address climate change.
Stabilizing the global climate in the 21st century will require major financial investments to transition the world’s economy on to a low-carbon path. WRI is addressing how these massive investments toward a low-carbon and resilient economy – which we refer to as climate finance –can be realized.
“Energy and GHG reporting scheme for enterprises” refers to a series of policies, regulations, and measures of data collection and calculation related to energy consumption and GHG emissions that aim to support government decision-making on energy management and low-carbon development. After examining both domestic and international policies and practices, this working paper recommends a three-step policy roadmap to develop an enterprise Energy and GHG reporting scheme in China’s Guangdong Province. Read more
The Open Climate Network (OCN) is an independent, international partnership that tracks and reports on the progress of key countries on climate change. OCN analysis is prepared by partners around the world covering climate finance, mitigation policy, and clean technology.
In an effort to ensure that the UN Conference on Sustainable Development (Rio +20) generates meaningful outcomes, governments and other stakeholders increasingly support using the Conference to announce specific and time-bound commitments and to use a “Compendium of Commitments” to hold each other accountable for results. This working paper describes WRI’s review of six past and current commitment-based partnerships, some considered more successful than others, and makes recommendations to improve the credibility of the Compendium concept.