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.
At the UN Climate Action Summit in New York, the Bill and Melinda Gates Foundation, the World Bank, and several governments announced financial commitments of $790 million and assistance to enhance resilience of over 300 million small-scale food producers in the face of mounting climate impacts.
Global Commission on Adaptation report finds that investing $1.8 trillion globally from 2020 to 2030 in five areas could yield $7.1 trillion in net benefits.
Sovereign parametric insurance can finance disaster response when extreme weather events like droughts or hurricanes cause emergencies in developing countries.
Monitoring and evaluation of local adaptation grants presents significant challenges. In a new report, WRI researchers lay out some practical steps to ensuring that limited funds catalyze effective action.
Measuring the impact of local adaptation programs is challenging, especially when decision-makers integrate climate resilience across broader sustainable development initiatives. New research from WRI examines these challenges – from balancing country-specific and portfolio-wide adaptation assessment needs to integrating resilience elements into existing development monitoring and evaluation systems – and offers methodological solutions that adaptation practitioners around the world can implement.
Development banks committed record funds to climate finance in 2018, but key vulnerabilities in adaptation finance, cofinancing and portfolio alignment persist, and some institutions even backslid. To meet 2020 goals, MDBs need to kick it into overdrive.
The release of a nearly $7 billion bond, which will help the Netherlands adapt to sea level rise, was met with widespread enthusiasm from investors. It's the latest in a wave of innovations in green bonds and climate adaptation.
Disenfranchised communities feel the effects of climate change first and hardest. They're also oftentimes the most innovative in adapting to these impacts.
Adapting to climate change is expensive. Civil society groups can play a key role in ensuring public and private finance are going to the right projects.
When the Green Climate Fund received its first round of funding, contributions were more or less arbitrary. This time around, countries have an opportunity to root their contributions in objective measures of capacity, responsibility and ambition.
Following one of the worst seasons of extreme weather events in recent history, we are a day away from the world's first virtual climate summit. The November 22 Climate Vulnerable Forum Virtual Summit is organized by the 48 countries most vulnerable to climate change, but aims to highlight the urgent need for all countries to enhance their climate ambition.
As the G20 agenda shows, economic policy is environmental policy. The G20 could advance adaptation, climate policy and sustainable food—here's what to watch.
An unprecedented gathering of global leaders today launched the new Global Commission on Adaptation to catalyze a global movement to bring scale and speed to climate adaptation solutions.
The world will need an estimated $140 billion per year — or more — to help adapt to the damaging impacts of climate change. But funders have gotten caught up in drawing bright lines between adaptation and development programs. To get the most out of scarce adaptation dollars, the world needs to move past this false distinction.
WRI will host a public briefing featuring senior Chinese and U.S. participants on China-US climate and energy cooperation among national and non-federal actors on Tuesday, July 17 in San Francisco.
Big buyers of electricity have keyed in on a single metric, but a more holistic understanding of leadership can unlock creative ways to accelerate the renewables revolution.
Finance for adaptation and resilience remains modest relative to estimated needs, and adaptation remains largely dependent on grant funding from public sources. Yet, public finance for resilience can be invested more effectively.
Two years after the Paris Agreement on climate change, representatives from around the globe will convene in Bonn, Germany, on November 6 for the next round of United Nations talks. Here are four signs to watch at these pivotal negotiations.
WRI's new Director of the Climate Resilience Practice has worked on the frontlines of adaptation and development, most recently playing a key role in negotiations leading to the landmark Paris Agreement. She shares her perspective in this interview.