Entering the second and final week of key climate change negotiations in Bonn, it's clear that the pace of the talks needs to kick into higher gear.
Quantitative analysis of realistic funding scenarios to achieve internationally recognized goal estimates finance could total to $155B by 2020.
BONN, GERMANY/WASHINGTON (3 June 2015)—New analysis from World Resources Institute finds countries can achieve the goal of mobilizing $100 billion per year in international climate funding by 2020. The new paper finds the goal can be reached through multiple pathways and will require bringing in funding from various sources, including the public and private sectors.
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.
This paper contributes to the dialogue about what types of finance could count toward the $100 billion goal.
We analyze this question quantitatively by projecting various finance sources forward to 2020 to demonstrate the scenarios under which reaching the $100 billion goal is possible....
Country climate commitments and pledges agreed at Paris may not keep warming below 2 degrees C (3.6 degrees F) by themselves, but by establishing a systematic mechanism to ramp up efforts over time, countries can take collective action to avoid dangerous global warming.
Negotiators at the Bonn intersessional should proceed with the seriousness and pace required to reach a new, international climate agreement at the Conference of Parties (COP 21) in December.
Businesses can help move international climate action forward through direct interventions in their own operations and by creating a surround sound of support. Global Director of WRI's Business Center Kevin Moss lays out a five-point checklist.
This report guides countries on the preparation and design of Intended Nationally Determined Contributions (INDCs), including detailed technical guidance and process-related considerations.
It walks practitioners through the choices they will face in preparing and designing their INDCs,...
Getting Specific on the 2015 Climate Change Agreement: Suggestions for the Legal Text with an Explanatory Memorandum offers a detailed framework for key elements of a possible agreement, attempting to balance views and priorities from across the global community.
Why is a forthcoming global climate agreement such a big deal, and what impact will it have on communities around the world? Global director of WRI's Climate Program Jennifer Morgan explains all the important details.