This paper develops a framework and tools that governments and non-state actors can use to drive action, track progress and increase ambition to operationalize the Paris Agreement’s long-term goal to make finance consistent with climate goals.
Climate finance is actually on track for the pledged $100 billion, with public support from developed to developing countries reaching $55.7 billion in 2016. Those contributions are also helping mobilize private finance.
The Standing Committee on Finance, an expert body of the UN Framework Convention on Climate Change, released its third Biennial Assessment and Overview of Climate Finance. Read a statement from Leonardo Martinez-Diaz, Director of the Sustainable Finance Center, World Resources Institute.
This paper discusses the opportunity to align Chinese Belt and Road investments with country Nationally Determined Contributions. It also provides an initial overview of the degree to which Chinese energy and transportation investments in the BRI countries from 2014 to 2017 align with the green priorities communicated in BRI countries’ Nationally Determined Contributions.
Lawrence MacDonald sits down with Christina Chan and Niranjali Amerasinghe, who argue that siloed operations keeping development and climate finance apart could hold back climate adaptation.
The world's biggest climate fund has had a rough go of it this year. Nearing the end of their first funding period, they can right the ship by tackling replenishment, governance and decision-making at a final 2018 board meeting.
Companies have set to work on the scenario analysis recommended by the Financial Stability Board's Task Force on Climate-related Financial Disclosures (TCFD).
Governance issues and unpredictable funding are holding back the world's most important climate fund. Reform and objective criteria for replenishment can set it on the right track.
The Green Climate Fund, a major source of finance for developing countries seeking to address climate change, has committed $3.5 billion for projects around the world. But now it needs to replenish its resources in an effective, transparent and inclusive way -- soon. Among other things, it could use an external facilitator to help move the process along.
Catalyzing the fundamental, systemic shifts needed to build resilience in a changing climate
More than two years after the adoption and signing of the historic Paris Agreement on climate change, and following its unprecedented
Governments will meet Wednesday in Stockholm to decide how to replenish the Global Environment Facility (GEF), a fund that helps developing nations meet international environmental agreements. GEF grants finance everything from toxic chemical clean-up to biodiversity protection to anti-wildlife trafficking efforts.
The 2018 United States budget poses some complications for climate finance. It will take time for its implications to be clear—here's what to watch.
Multilateral development banks can put a charge into climate finance through expanded use of de-risking approaches, like guarantees and similar instruments.
U.S. nonfederal leaders who support the Paris Agreement can help support the poorest and most climate-vulnerable populations.
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 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:
Something very important is happening in global finance: the $70 trillion in institutional investment pools is turning a little greener.
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.