Climate Finance

Isole Marshall

“We will not go silently to our watery graves”: How to save a nation from drowning

The Marshall Islands, a nation of low-lying atolls threatened by rising sea levels, is facing an existential crisis. Yet, amidst this adversity, the Marshallese people are not only adapting to climate change but also charting a path for survival. Drawing inspiration from their rich maritime heritage, the Marshall Islands have developed a groundbreaking National Adaptation Plan for Survival (NAP). This plan, unveiled at COP28, outlines a comprehensive strategy for addressing the climate crisis over the next century.

Revolutionizing climate adaptation financing: The untapped potential of private investment in resilience

Directing increasing funds towards climate change adaptation solutions is not only a widely shared necessity but also an opportunity for the private sector, both in emerging and developed markets. Part of the challenge is quantifying the actual adaptation finance gap and tracking funds already allocated to resilience worldwide. Experts from the Climate Policy Initiative guide us through this aspect of climate finance and how its narrative is changing, including successful experiences with private sector investments in the field.

COP28 | MASSIMO TAVONI. “Science points to a loss and damage fund of several hundred billion USD”

The loss and damage fund has been established, and initial pledges have been made, but how much money should be directed into it and how should it be organized? Massimo Tavoni, director of the CMCC-RFF European Institute on Economics and the Environment, explains how climate-economic science and modeling can support the loss and damage debate. The latest evidence indicates that an adequate fund should be in the order of [140-822] USD billion and that it should differ from existing funding arrangements used for mitigation and adaptation.

COP28 | CARLO CARRARO. The road ahead for climate finance

On the opening day of COP28 in Dubai, Carlo Carraro highlights three fundamental dimensions to understanding the landscape of funding for climate change mitigation and adaptation in the context of international negotiations: the magnitude of funding, its allocation, and the critical role of finance in supporting global climate goals.

Climate-related disclosure: Bridging the data gap

High quality data is essential if we are to achieve our global climate related goals. Sue Armstrong-Brown, Global Director of Environmental Standards and Thought Leadership at CDP, explains how data obtained through disclosure informed the Global Stocktake to be agreed at COP28 and how the world is taking action to fill the shortage of climate-related information.

Finance, resilience, action: Three climate keywords for Africa

Africa stands at the forefront of the disproportionate impacts of climate change despite having contributed minimally to global greenhouse gas emissions historically. In September, the first Africa Climate Summit aimed at finding common finance solutions to foster a green and sustainable growth for the continent. The results are summarized in the Nairobi declaration, highlighting the urgency of a strong climate finance strategy, throughout the continent and at an international cooperation level.

africa renewable energy

Can renewables put a spark in Africa’s clean energy future?

The African continent contributes less than 5% of global greenhouse gas emissions and its growing population suffers from some of the lowest access rates to electricity in the world. Yet, it is also home to some of the fastest growing economies and incredible renewable energy potential. Linking future growth to renewables is key to both the continent’s successful development and achieving global climate goals.

white flower blooming

Disclosure

Transparency from companies and governments about climate-related information, risks and opportunities is crucial for building a resilient economy, empowering communities and creating an equal and fair society. In the era of climate change, a standardized disclosure framework to understand climate risk is not only helpful to investors, it’s also critical to companies for strategic planning.

green premium

Green premium

“It is a challenge to be overcome if we want to reach our climate targets,” say global experts, investors and economists. The green premium concept helps measure progress on green technology deployment and, at the same time, establish what the next steps should be for a rapid low-carbon transition. A review of sources, definitions and data to understand a key factor in the climate transition. 

What is environmental intelligence?

It can leverage new technologies including artificial intelligence and machine learning to greatly improve the selection, processing and use of the vast amounts of climate data we currently have. The result? More informed and effective decision making from the local to the global level. Scientists, startuppers and representatives of EU institutions dialogue on funding opportunities, innovation and applications.