The coronavirus pandemic has compounded highly unequal development in Latin America's cities. Investing in infrastructure and public services for marginalized areas can help the region build back better.
This paper proposes a framework with four important areas that we need to focus on to build an enabling ecosystem for a linked energy and development agenda. The paper also details actions that energy and development sector actors—specifically, African governments, the donor community, the private sector, and civil society can take to create better links.
The ImpactAr tool comprises a methodology presented in a technical note and a valuation model to assess the impacts on health and financial and economic costs related to changes in air pollution levels due to modifications in the urban bus fleets in Brazil.
As his second term at the head of the European Bank for Reconstruction and Development comes to a close, Sir Suma Chakrabarti will reflect on his time at the helm of the EBRD, the unique role of the bank in sustainable development and its past, present and future role in confronting the climate challenge.
Leonardo Martinez-Diaz (WRI) and Alice Hill (Council on Foreign Relations) discuss their 2019 book on climate adaptation and resilience, Building a Resilient Tomorrow, given new salience by the massive shock COVID-19 has given to the world. We're seeing now what happens when we fail to prepare for a disaster — how can we avoid the same when it comes to climate change?
While some of the world’s larger economies are struggling to contain the virus, Fiji had only 18 known cases, recorded zero deaths and withstood Tropical Cyclone Harold, a category 4 storm, as cases were peaking.
Yesterday's green quantitative easing is today's responsible QE. To respond to the economic recession caused by COVID-19, central banks should factor in climate change risk.
It's not just about the big number. Green targets need to be paired with new fossil fuel restrictions, and they need to establish clear criteria and accounting.
To manage the twin threats of the coronavirus pandemic and climate change, building resilience against both is imperative and urgent. We are going to have to multitask on this one, as delay will cost lives and livelihoods.
As the COVID-19 crisis reverberates around the world, millions of people are at risk and protective measures have sent economies into a tailspin. Ahead of the first virtual World Bank and International Monetary Fund Spring Meetings, join leading experts for a discussion on how multilateral banks can ensure their responses not only address the current crisis, but lay the groundwork for a more stable, inclusive, and sustainable future.
2020 is a critical year for climate action. A growing number of voices are calling on banks to align their activities with climate goals. WRI is proud to host a conversation with leaders from two very different types of banks.
2020 will inevitably be a turning point for the environment. Key decisions on climate change, the ocean and biodiversity will determine if it is a turning point for the better or for the worse.
Here are four things all asset managers can do to act on climate in 2020.
Today in Madrid, 51 finance ministries re-committed to fighting climate change together through the Coalition of Finance Ministers for Climate Action. Read on for a statement from Leo Martinez-Diaz, Global Director, Finance Center, World Resources Institute.
This issue brief is based on a 2018 working paper and summarizes the REDD+ experience over the past decade, taking stock of lessons learned from REDD+ implementation to inform future forest-based climate mitigation activities.
We analyzed the effects of water shortages on five publicly traded Indian thermal power companies. In some cases, drought caused significant financial impacts, and investors should start stress-testing their portfolios now for climate impacts.
This paper provides quantitative evidence to help investors better understand and measure the financial impacts from water shortages in the thermal power sector, drawing on data and analysis of Indian companies. It introduces a new methodology to estimate the water shortage-induced impacts to earnings on five Indian thermal power companies from FY 2014-2017. It also uses outputs from climate models to analyze potential future changes to water availability in India, which could increase the risk of water shortages.
As of July 2019, 23 major banks have made sustainable finance commitments. This technical note presents a framework for interpreting and comparing the commitments using information published by committing banks. The framework focuses on aspects of the commitment design, accountability, and transparency, as well as the portfolio context of the banks.
The overarching goal of this publication is to provide a practical, easy-to-navigate reference document to help practitioners decide if or how to adopt electric and hybrid-electric bus fleets for public transport in their cities. Designed for an action-oriented policy audience looking to learn from experiences of other cities, this publication provides evidence-based answers to questions about recent developments in the electric and hybrid-electric bus space.
This webinar will explain the Green Climate Fund Contributions Calculator, which was developed by WRI's Finance center to help governments, civil society and other interested observers understand what a country ought to pledge to the GCF's upcoming replenishment.