Quantitative analysis of realistic funding scenarios to achieve internationally recognized goal estimates finance could total to $155B by 2020.
Getting to $100 Billion: Climate Finance Scenarios and Projections to 2020 is one of the first quantitative analyses of realistic funding scenarios to achieve the climate finance goal of $100 billion annually by 2020. It shows that if a variety of sources are included, climate finance could total $109 to $155 billion in 2020 under projections of low-medium growth and leverage.
At Copenhagen in 2009, developed country Parties to the United Nations Framework Convention on Climate Change (UNFCCC) committed to a goal of mobilizing jointly $100 billion a year by 2020 from public and private sources to support climate action in developing countries.
As countries spend more on adapting to a changing climate, a key question remains: Are these funds really reaching the most vulnerable?
If your CSO wants to engage in a meaningful debate about adaptation, you need to gather evidence on the strengths and weaknesses of current adaptation finance structures.
How much money will the world need to protect itself from the impacts of climate change? By some estimates, about $300 billion a year by 2050.
The China-led Asian Infrastructure Investment Bank and other new multilaterals are becoming an important part of the development finance landscape. How they answer these five questions will have far-reaching implications.
The participation of the private sector in financing the transition to low-carbon, climate resilient (LCR) economies is critical. While public finance and policy interventions can mobilise significant levels of private finance, the ability to estimate such mobilisation is currently limited.
Research shows that between 2015 and 2030, the world will need to invest an average of $6.2 trillion annually in infrastructure. More than 120 financial actors recently came together to discuss ways to secure this finance and ensure it supports low-carbon, climate-resilient projects.
The Green Climate Fund (GCF), expected to become the main vehicle for securing and distributing finance, moved one step closer to disbursing funds this week. Its resources will support a range of activities that reduce emissions or foster resilience—such as installing renewable energy, helping farmers grow drought-resistant crops and reducing deforestation.
If you had an initial $10 billion in capital to fight climate change and boost resilience, how would you decide how to spend it? This is one of the key questions facing the Green Climate Fund Board at its ninth meeting in Songdo, South Korea this week.
MEXICO CITY (March 17, 2015)— Today, Mexico City’s Head of Government Miguel Ángel Mancera announced a new partnership with World Resources Institute, World Bank, CAF, and Inter-American Development Bank to invest $150 million in expanding and modernizing sustainable transport sy
Citigroup's new five-year sustainability strategy could help shift global capital towards low-carbon development.
Today, President Obama released his 2016 Budget Request outlining the administration’s spending plans for the coming fiscal year. The request includes $500 million in funding for the Green Climate Fund, and $230 million for the Climate Investment Funds.
Despite difficult negotiations in Lima, discussions signaled the positive outlook among development banks for expanding climate finance in Latin America and the Caribbean.
With increasing low-carbon investments, pledges to the Green Climate Fund, and ambitious renewable energy and efficiency targets demonstrate robust political and financial commitments, building momentum for a strong global response to climate change.
The Adaptation Finance Accountability Initiative (AFAI) project seeks to improve accountability around adaptation finance.
After two weeks of difficult negotiations and a nail-biting finale, delegates in Lima laid the groundwork for a successful international climate agreement in Paris next year.
The International Development Finance Club (IDFC)—a group of international, national, and regional development banks based in the developed and the developing world—released its annual report on green investment (i.e. mitigation, adaptation and ‘other’ environmental finance which includes environmental protection and remediation related projects)—as the world’s climate negotiators were meeting in Lima, and its numbers are significant.
Leaders at COP20 can explore a range of sources for financing low-carbon urban development including multilateral investment banks, private investors, and innovative initiatives like the Nationally Appropriate Mitigation Actions or climate-themed bonds.