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climate finance

The UN climate negotiations (COP23) presided over by a Fiji Presidency concluded in the early hours today in Bonn, Germany with countries making progress on the rules for the Paris Agreement and putting in place a process to assess progress on climate action that should set the stage for countries to commit to enhancing their climate commitments by 2020. Following is a statement from Paula Caballero, Global Director, Climate Program, World Resources Institute:

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

Finance provided and catalyzed by multilateral development banks (MDBs) will help pay for implementation of the UN Sustainable Development Goals and the Paris Climate Agreement in many developing countries. Although MDBs already track and report on their climate finance, less is known about how...

As developing countries increasingly experience the impacts of climate change, ensuring that they have efficient access to adaptation funding is ever more urgent. The Green Climate Fund (GCF) is one of the world’s largest sources of finance for climate adaptation, and importantly, most of its finance is concessional, meaning it is delivered with significant grant components. It is therefore essential that the GCF Board, which meets this weekend, get the GCF’s approach to adaptation right.

However,...

Assessing the Effectiveness of Climate Resilience Grants to Local Governments in Least Developed Countries

Building resilience to increasingly intense climate change impacts requires effective, urgent adaptation action at the local level. While much progress has been made within the international and national arenas, efforts to successfully implement adaptation at the subnational level remains uneven...

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