WASHINGTON (September 5, 2016) — At the G20 summit in China, world leaders announced some commitments to further integrate climate change and clean energy into the economic growth agenda.
The World Bank's new Environmental and Social Framework, four years in the making, is designed to ensure that the approximately $30 billion the bank invests each year goes to projects that are safe for people and the environment. This framework is likely to have an impact on the policies of other development banks and governments around the globe.
This guide provides local governments and other urban leaders in cities around the world with the background, guidance, and tools to accelerate building efficiency action in their communities. The primary intended audience is local government officials in urban areas.
With record-breaking temperatures year after year and escalating extreme weather and climate impacts, the need for adaptation has long been apparent. Now it's finally moving beyond urgency into real action on the ground.
New WRI research comparing high-carbon and low-carbon investment in transportation shows that the low-carbon path offers potential savings of $300 billion a year and is within existing financial flows.
Investment in the transport sector has major economic and environmental impacts in both the developed and developing world.
Recent economic research estimates a $4.1 to 4.3 trillion annual investment gap between the urban infrastructure we have and the amount we need. That's why WRI Ross Center for Sustainable Cities, C40 and the Citi Foundation are partnering to help cities around the world accelerate the implementation of low-carbon urban solutions.
WRI President and CEO Andrew Steer revealed 2016's top stories to watch when it comes to the environment, economy and sustainability.
China recently issued its first directive on “green bonds,” funds exclusively applied to finance new and existing green infrastructure projects. The new standards should help scale up the use of green bonds and usher in new low-carbon projects like renewable energy and public transit systems.
The urgent imperative of tackling climate change is rarely associated with the dry science of budgeting and fiscal policy—but it should be. Director of WRI's Governance program Mark Robinson explains.
A new initiative launched in Paris this week demonstrates the growing recognition that action by financial institutions – both public and private – is necessary to begin shifting trillions of dollars toward low-carbon development.
A new report shows how civil society groups can track the flow of adaptation funds and ensure money is used productively.
In Paris today, a coalition of more than a dozen African countries, nine financing organizations and 10 technical partners announced a new initiative called the African Restoration Initiative (AFR100), with the goal of restoring 100 million hectares of degraded and deforested land in Africa by 2030.
As of this Monday, 174 countries had submitted their national climate plans to the UN, in preparation for the Paris climate summit that begins next week.
WRI President and CEO Andrew Steer answers the question: Is it possible to enjoy rising levels of prosperity and also enjoy clean air, pure water, green spaces and uncongested, livable cities?
A new report lays out clear recommendations for how the Chinese government can put the right policies in place to shift investments from polluting to sustainable industries.
Brazil has what may seem like a fortunate problem: public finance is too readily available for transport projects, and this can undercut the market and crowd out private investment. A successful example of private investment in public transport is Sao Paulo's Linha 4, which integrates disparate transit systems and improves access to jobs.
High rates of motorization and urbanization, particularly in developing countries, underpin strong growth in the transport sector. Burgeoning demand has made transport the world’s fastest-growing source of carbon emissions.
Ask a financial regulator or a central bank governor what role they should play on environmental issues, and most will suggest you’re talking to the wrong person—but this is changing.
Climate change is a risk that, while significant, is oftentimes misunderstood by the financial community. The new Carbon Asset Risk Discussion Framework aims to help financial institutions identify and understand climate-related risks to their portfolios.