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low carbon development

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Congress could immediately create millions of good jobs and provide relief to families struggling to pay energy bills, while simultaneously advancing a cleaner economy by dramatically increasing funding to state energy efficiency and assistance programs. Expanding these programs can support the long backlog of “shovel-ready” projects and put people to work immediately in well-paying jobs.

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China's central government has turned to regional integration for the country's next stage of economic development, announcing or strengthening mega-region initiatives like the Yangtze River Delta Integration, Greater Bay Area Development and Beijing-Tianjin-Hebei Integration. If done right, this strategy can also help shift China onto a low-carbon pathway.

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WRI researchers analyzed energy supply investments from the World Bank, International Finance Corporation and Asian Development Bank. While only 3 percent of this financing is misaligned with the goal of limiting temperature rise to 2⁰C, about half fell into a “conditional” category; its alignment with a low-carbon future depends on how projects are designed.

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Making our infrastructure cleaner and more sustainable could add as little as 5 percent to upfront costs, which could be fully offset by lower operating costs. WRI Board member and former President of Mexico Felipe Calderón reveals four ways to unlock capital for low-carbon infrastructure.

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