As 2020 began, the question of whether and how countries would strengthen their commitments under the Paris Agreement loomed large, driven by a global youth climate movement and a growing recognition of the urgency to keep temperature change below 1.5 degrees C. The sudden arrival of the COVID-19 pandemic greatly complicated this task, consuming the attention of national leaders and senior officials.
Because better information about climate finance offers big benefits, Colombia worked with WRI and its partners on a new system to measure, report and verify how much funding goes toward climate change projects. Launched November 27, the system has registered $6 billion worth of climate change actions.
The Green Climate Fund has several billion dollars of resources to distribute over the next few years. Entities seeking funding should work together and learn from one another in order to get that money into the hands of the organizations who need it most.
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 Adaptation Fund and Green Climate Fund are unique in that they provide climate finance directly to national institutions in developing nations. Here’s how countries can meet the Funds’ requirements to help finance mitigation and adaptation activities.
As of this Monday, 174 countries had submitted their national climate plans to the UN, in preparation for the Paris climate summit that begins next week. These “Intended Nationally Determined Contributions” (INDCs) show countries are stepping up to take collective action to address climate change. Governments have set out a variety of different approaches, including specifying absolute emissions-reduction targets, setting economy-wide emissions intensity goals, outlining efforts to adapt to the impacts of climate change, and detailing specific actions they plan to take in a range of...