Gaia Larsen

Senior Associate, Finance Center

Bio

Gaia Larsen is a Senior Associate in the WRI’s Sustainable Finance Center, where she leads its work on financial institutions and climate finance readiness. She is an attorney whose work focuses primarily on shifting investments toward protecting people and the environment. At WRI, her work has focused on several issue areas including environmental democracy, climate finance, and the extractive industries. Prior to joining WRI, Gaia was a fellow at the Institute for Policy Integrity at New York University. Gaia holds a B.A. in Liberal Arts from Sarah Lawrence College and a J.D. from New York University School of Law. She is originally from Sweden.

Blogs

To Build Back from COVID-19, Don’t Overlook Informal Workers
by Molly Caldwell, Gaia Larsen and Carolina Cuentas - December 21, 2020
The economic impacts of both the climate and coronavirus crises will likely be felt most acutely by one group in particular: the more than 2 billion people who rely on the informal sector for their livelihoods.
INSIDER: Four Ways the Green Climate Fund Can Strengthen Its Next Strategic Plan
by Joe Thwaites, Lauren Sidner, Gaia Larsen and Molly Caldwell - February 03, 2020
This guiding document should outline how the GCF will achieve 1.5-aligned ambition, approach adaptation, avoid watering down the quality of its programs, and empower developing country institutions.
So Far, Green Bonds Fail to Raise Much Money for Resilience. The Climate Resilience Principles Aim to Change That
by Gaia Larsen, Giulia Christianson and Niranjali Amerasinghe - October 15, 2019
The demand for green bonds is high, but only 3-5% of the proceeds go to climate resilience. That's in part because there hasn't been a standard for how to evaluate whether a project will increase resilience to climate change — until now.
6 Questions on Climate and Development for the World Bank Presidential Candidates
by Joe Thwaites and Gaia Larsen - March 01, 2019
The World Bank plays a pivotal role in enabling sustainable, low-carbon development and climate action. Its next president should be a leader on the issue.
4 Ways Development Banks Can Better Support the Paris Agreement
by Gaia Larsen, Caitlin Smith, Lutz Weischer, Sophie Bartosch, Hanna Fekete and Aki Kachi - December 04, 2018
Multilateral development banks are spending billions of dollars on climate finance. By aligning their entire operations with the Paris Agreement they can maximize the bang for their buck.
Colombia’s Climate Finance Tracking System Registers $6 Billion Worth of Action
by Indira Masullo, Hyun Jun Ra and Gaia Larsen - November 28, 2017
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.
There Are Billions of Dollars Available for Climate Projects. Collaboration Can Help Countries Access It.
by Gaia Larsen - November 14, 2017
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.
Are Multilateral Development Banks Supporting a Low-Carbon Future?
by Giulia Christianson, Allison Lee, Gaia Larsen and Ashley Green - May 26, 2017
WRI researchers analyzed energy supply investments from the World Bank, International Finance Corporation and Asian Development Bank. While only 3 percent of this financing is misaligned with the goal of limiting temperature rise to 2⁰C, about half fell into a “conditional” category; its alignment with a low-carbon future depends on how projects are designed.
Congress and Trump Gut Disclosure Rules for Fossil Fuel Foreign Payments
by Gaia Larsen and Peter Veit - February 22, 2017
Section 1504 of the Dodd-Frank Wall Street Reform and Consumer Protection Act required that oil, natural gas and mineral extraction companies report payments made to foreign governments. Congress and President Trump eliminated it last week.
INSIDER: 3 Takeaways from the Green Climate Fund Meeting
by Niranjali Manel Amerasinghe and Gaia Larsen - October 24, 2016
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...

Publications

Toward Paris Alignment
How the Multilateral Development Banks Can Better Support the Paris Agreement
by Gaia Larsen, Caitlin Smith, Nisha Krishnan, Lutz Weischer, Sophie Bartosch and Hanna Fekete - December 2018

publication
Topics: Finance
Financing the Energy Transition: Are World Bank, IFC, and ADB Energy Supply Investments Supporting a Low-Carbon Future?
This paper provides a first-cut assessment of how the energy supply investments of the World Bank, International Finance Corporation (IFC), and Asian Development Bank (ADB) align with the Paris Agreement goal to limit global temperature rise to well below 2°C.

by Giulia Christianson, Allison Lee, Gaia Larsen and Ashley Green - May 2017

publication
Topics: Finance
Future of the Funds: Exploring the Architecture of Multilateral Climate Finance
This report examines seven key multilateral climate funds and recommends operational and architectural reforms to improve their ability to deliver low-emissions and climate-resilient development.

by Niranjali Manel Amerasinghe, Joe Thwaites, Gaia Larsen and Athena Ballesteros - March 2017

publication
Topics: Finance
“Direct Access” to Climate Finance: Lessons Learned by National Institutions
Overview

by Indira Masullo, Gaia Larsen, Louise Brown and Lisa Dougherty-Choux - November 2015

publication
Topics: Climate Resilience, Finance
Striking the Balance
Ownership and Accountability in Social and Environmental Safeguards
Investors face growing pressure to reduce the negative environmental and social impacts of their investments. In trying to do so they are confronted with the question of how to interact with governments in the countries where they invest.
by Gaia Larsen and Athena Ballesteros - April 2014

publication
Topics: Governance, Finance
Safeguarding Forests and People
A Framework for Designing a National System to Implement REDD+ Safeguards
Background

Around the world, members of governments, civil society, and the private sector are grappling with how to design and implement initiatives that
by Gaia Larsen and Florence Daviet - November 2012

publication
Topics: Forests
Map of SBSTA Submissions
REDD+ Safeguard Information System
In December 2010, the 16th Conference of the Parties (COP 16) to the United Nations Framework Convention on Climate Change (UNFCCC) requested the Subsidiary Body for Scientific and Technical Advice (SBSTA) to develop guidance relating to paragraph 71(d) of the Cancun Agreements in time for COP 17
by Gaia Larsen, Florence Daviet and Daniela Rey - February 2012

publication
Topics: Forests

External Publications

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Gaia Larsen

To Build Back from COVID-19, Don’t Overlook Informal Workers

INSIDER: Four Ways the Green Climate Fund Can Strengthen Its Next Strategic Plan

So Far, Green Bonds Fail to Raise Much Money for Resilience. The Climate Resilience Principles Aim to Change That

6 Questions on Climate and Development for the World Bank Presidential Candidates

4 Ways Development Banks Can Better Support the Paris Agreement

Colombia’s Climate Finance Tracking System Registers $6 Billion Worth of Action

There Are Billions of Dollars Available for Climate Projects. Collaboration Can Help Countries Access It.

Are Multilateral Development Banks Supporting a Low-Carbon Future?

Congress and Trump Gut Disclosure Rules for Fossil Fuel Foreign Payments

INSIDER: 3 Takeaways from the Green Climate Fund Meeting

Toward Paris Alignment

How the Multilateral Development Banks Can Better Support the Paris Agreement

Financing the Energy Transition: Are World Bank, IFC, and ADB Energy Supply Investments Supporting a Low-Carbon Future?

Future of the Funds: Exploring the Architecture of Multilateral Climate Finance

“Direct Access” to Climate Finance: Lessons Learned by National Institutions

Overview

Striking the Balance

Ownership and Accountability in Social and Environmental Safeguards

Safeguarding Forests and People

A Framework for Designing a National System to Implement REDD+ Safeguards

Background

Map of SBSTA Submissions

REDD+ Safeguard Information System

Stay Connected

Donate to WRI

Get Involved

Making Big Ideas Happen™

Donate to WRI

Other Sites

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You are here

How the Multilateral Development Banks Can Better Support the Paris Agreement

Overview

Ownership and Accountability in Social and Environmental Safeguards

A Framework for Designing a National System to Implement REDD+ Safeguards

Background

REDD+ Safeguard Information System

Stay Connected

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