International Monetary Fund leaders have begun thinking about how to transition away from fossil fuels, but aren't yet incorporating climate impacts into their vital analyses. Here's how they can start.
This publication proposes a methodology to provide a credible way to estimate mobilized private finance, from public interventions (e.g., policy), for climate finance tracking.
Multilateral development banks are key pistons in the climate finance engine, providing significant international financing for climate adaptation and mitigation and mobilizing private sector capital. Our analysis of the latest snapshot of MDB climate finance for 2016 offers cause for celebration – and concern.
French President Emmanuel Macron's planned summit in December, two years after the Paris Agreement, aims to foster more climate action, notably on the financial front. Here's what the summit can deliver to boost the global climate finance system.
When President Donald Trump announced his intention to pull the United States out of the Paris Agreement, he had plenty to say about international climate funding. Much of it was simply inaccurate.
President Trump's 2018 budget request for fiscal 2018 makes clear that international climate finance is in the crosshairs, undermining U.S. economic, diplomatic and security interests around the world.
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.
The most recent communique from the G20 drops all references to climate change, a move reportedly instigated by the United States, Saudi Arabia and others. The omission is a setback, as climate finance benefits U.S. jobs and exports and is key to meeting global climate targets.
Over the past 25 years, dozens of national, regional and international climate funds have emerged, creating a confusing system. New WRI research offers recommendations to more effectively attract and disburse climate finance.
This chart is based on data from the report, The 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.
The United States spent $2.6 billion in 2015 to support climate action in developing nations. This finance represents just 0.07 percent of the federal budget, but boosts U.S. business, promotes development and improves national security.
Today, the U.S. Department of State delivered $500 million to the Green Climate Fund (GCF), its second payment towards fulfilling its $3 billion pledge to the fund, made in November 2014.
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 of the Paris Agreement.
Developed countries today released a roadmap for how they will meet their commitment to mobilize $100 billion of climate finance per year by 2020 to support developing countries. The roadmap projects that public climate finance will reach $67 billion by 2020.
Finance is always a hot topic at climate negotiations, and this year's COP22 is no exception. Here are five key climate issues to watch at the Marrakech meeting in November.
A report from the World Resources Institute offers new evidence that the modest investments needed to secure land rights for Indigenous Peoples in the Amazon will generate billions of dollars in returns—economically, socially and environmentally—for governments, investors and communities.
WASHINGTON (August 22, 2016)—The 2016 G20 Summit in Hangzhou, China is just around the corner, September 4-5, and will be the first G20 Summit since the Paris Agreement was reached last December. Many are looking to the G20 for a clear signal from world leaders that the message of Paris was received, and that member countries are putting climate and clean energy action at the heart of their growth agendas.
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 United States and India have either created or ramped up 15 bilateral programs on climate change and clean energy over the past two years. The state visit next week is an opportunity to further advance the countries' collaboration in three areas.