You are here

Climate, Energy & Transport

There’s a growing gap between current investment in low-carbon energy and what’s needed to meet world demand while avoiding the worst impacts of climate change. The good news is there’s sufficient capital and investor interest to close much of this gap.

However, policies that encourage market certainty and level the playing field between different energy sources are needed to attract the volume of investment required, according to a special International Energy Agency (IEA) report, the World Energy Investment Outlook, released this month.

Ricardo Lagos, former President of Chile 2000-2006 and Festus Mogae, former President of Botswana 1998 -2008, co-authored this blog post as members of the High Level Advisory Committee to the Climate Justice Dialogue. They offer three decisive reasons for immediate and substantial capitalization of the Green Climate Fund.

After the 2011 Fukushima Daiichi nuclear disaster, Japan halted all existing nuclear operations and significantly scaled back its 2020 emissions-reduction target. As Japan revises its energy policy over the next few years, officials will decide the future of the country’s energy mix—and its climate action.

New research reveals that Japan can likely go beyond its emissions-reduction target with existing initiatives, but needs to pursue more ambitious action in the long-term to truly overcome the climate change challenge.

A new WRI working paper, “Monitoring Climate Finance in Developing Countries: Challenges and Next Steps,” draws on a series of three regional workshops in Latin America, Africa, and Asia where representatives from governments and other agencies discussed the challenges in monitoring climate finance flows, and some of the efforts their countries are making to overcome these challenges.

WASHINGTON (June 11, 2014)— World Resources Institute announced today that Pascal Canfin will join the institute as a Senior Advisor for International Climate Affairs on July 1st. Canfin will contribute to the Institute’s work to secure an effective and ambitious international climate agreement. He will focus on the development of creative solutions to the challenging issues that countries will be addressing in the lead-up to the UNFCCC climate negotiations in Paris in 2015.


Stay Connected