An unprecedented gathering of global leaders today launched the new Global Commission on Adaptation to catalyze a global movement to bring scale and speed to climate adaptation solutions.
finance
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). Building a scenario analysis to explore how climate change will impact business over time is a challenging task, and one of the biggest difficulties lies in selecting and building plausible future...
Setting the Stage for the Green Climate Fund’s First Replenishment
The Green Climate Fund (GCF) – with a mandate to accelerate climate action in developing countries – has great potential to support transformational investments in developing countries to achieve the goals set out in the Paris Climate Agreement. It is therefore crucial that the GCF succeed in...
As WRI's CFO, Steve Barker often fields questions on how WRI invests its endowment sustainably. The short answer is that we integrate sustainability across our entire portfolio. A new commentary by Giulia Christianson and Ariel Pinchot offers a more nuanced explanation for our approach — and describes how we got here.
Sustainable investing is the new black: essential, ubiquitous and a subject of forward-looking discussion. But this is no passing fashion. What was once a niche investment approach is becoming mainstream, and WRI is learning the nitty-gritty of it through its own endowment journey.
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.
Ending Tropical Deforestation: REDD+: Lessons from National and Subnational Implementation
REDD+—which stands for reducing emissions from deforestation and forest degradation, and the role of conservation, sustainable management of forests, and enhancement of forest carbon stocks in developing countries—debuted on the global stage more than a decade ago. The idea prompted high...
Ending Tropical Deforestation: Mining Global Financial Data to Increase Transparency and Reduce Drivers of Deforestation
The climate and forest community has not yet harnessed the full power of the information age to create transparency in the global commodities markets. There exists a wealth of global financial data that can reveal the financial drivers of deforestation. Using the power of big data, forest...
Analysis of 35 large banks found that, by and large, they are unable to convey their overall climate progress. Many report on their climate-friendly investments, but few offer the full picture by also reporting their financing of activities that add emissions, too.