In order to understand where the climate finance agenda is likely to go, it is first necessary to grasp where it stands today. To that end, Overseas Development Institute, WRI, and IGES – in partnership with the Open Climate Network – have conducted the first in-depth examination of Fast Start Finance (FSF), the period from 2010-2012 in which developed nations pledged to deliver US$ 30 billion in climate finance. As of September 2013, countries reported providing $35 billion in public FSF from 2010 through 2012, exceeding their pledge. Just five countries – Germany, Japan, Norway, the United Kingdom and the United States— provided US$ 27 billion of this finance.
Climate, Energy & Transport
After winning Germany’s federal elections on September 22nd, Chancellor Angela Merkel is in the middle of difficult coalition talks to form a new government. Because Merkel’s party, the Christian Democrats, did not win an absolute majority in parliament, it must find a new coalition partner. The party has begun negotiations with Social Democrats to form a grand coalition.
The amount of adaptation finance has increased in recent years, at least in part as a result of agreements reached at the U.N. climate negotiations in Copenhagen in 2009. In the past year, Oxfam, WRI, Overseas Development Institute, and civil society networks in Nepal, the Philippines, Uganda and Zambia have been working together to figure out just how much adaptation finance has been flowing to these four countries and where it’s going. It’s a bit like trying to figure out the tangle of plumbing and pipes in an old house. There is money for climate change adaptation coming from different sources, flowing through different channels, and being used for different purposes.
The stakes are high at this year’s international climate negotiations in Warsaw, Poland (COP 19). It is vital that negotiators get down to business on designing the international climate action agreement, including actually constructing the pathway needed to reach this agreement by 2015.
Making progress across five key issues will be critical to achieving this goal.
The next few years will be critical when it comes to reducing global greenhouse gas emissions. Under the UNFCCC, countries around the world committed to produce an international climate action agreement. This agreement will be finalized at the annual Conference of the Parties, meeting in Paris in 2015 (COP 21). How UNFCCC negotiations progress between now and then will in part determine whether the world curbs climate change—or feels its worsening effects.
I caught up with Jennifer Morgan, director of WRI’s Climate and Energy programs, to discuss what’s at stake and what steps are needed between now and 2015 to ensure a strong, international climate action plan.
Today, the GHG Protocol is releasing a survey to scope out the need for a new standard to help companies quantify and report the “avoided emissions” of goods and services that contribute to a low-carbon economy—such as low-temperature detergents, fuel-saving tires, or teleconferencing equipment and services.
A new report from the U.N. Environment Programme (UNEP) shows that the world is still not taking enough action to avoid dangerous levels of climate change. Assuming countries deliver on the pledges they have made to reduce their respective emissions, the Emissions Gap Report finds that global GHG emissions in 2020 will still be 18 to 27 percent above where they need to be if warming is likely to be limited to 2 degrees Celsius above pre-industrial levels. This gap puts the world in a dangerous position of experiencing increased sea level rise, forest fires, and other serious impacts--unless we take action now.
The world of open data welcomed a new platform this summer—WRI’s Climate Analysis Indicators Tool, or CAIT 2.0. The platform offers free online access to global greenhouse gas (GHG) emissions and other climate data, enabling researchers, policymakers, media, and others to download, visualize, and share data for analysis and communications on climate change.
Today we’re pleased to roll out the next iteration of CAIT 2.0, featuring improved functionality and other upgrades. Check out a screencast of how CAIT 2.0 works, or read on to learn about some of the benefits visitors can expect to find.
It is common knowledge that China burns a large amount of coal, with the fuel accounting for nearly 70% of China’s primary energy consumption in recent years. What is less commonly known is that China is also working on ways to reduce the impact of its coal use, including aggressively pursuing research and demonstration of carbon capture, utilization and storage (CCUS) technology.
The UNFCCC negotiations are entering a crucial phase. Negotiators decided nearly two years ago to establish an international climate action agreement “with legal force” by 2015. How this agreement will be structured, though, remains to be seen.
WRI’s new working paper lays out the various options for designing the process for submitting "national offers," countries’ plans to reduce their respective greenhouse gas emissions. It will be critical for negotiators to focus on three key areas: the content of the offers, the timing and process for submitting them, and how they will be reviewed.