The World Meteorological Organization’s State of the Climate in Asia 2024 report warns that the region is warming nearly twice as fast as the global average, driving more extreme weather and posing serious threats to lives, ecosystems, and economies. In 2024, Asia experienced its warmest or second warmest year on …
Curbing carbon emissions to meet the targets set in the Paris Agreement requires the deployment of low carbon technologies (LCTs) at a global scale. This paper assesses the role of climate and trade policies in fostering LCT diffusion through trade. Leveraging a comprehensive database of climate policies and a new …
National climate ambitions have been hampered by a lack of understanding of the impacts of the transition to a low-carbon economy as well as the consequences of inaction. Amid legitimate concerns regarding transitional impacts, financing needs, and the institutional and political constraints to low-carbon policy implementation, knowledge and analytical skill …
As the transition to a low-carbon economy gathers pace across emerging economies and new technologies and untapped demographic segments come to the fore, Blended Finance offers a solution that can help alleviate the technological and market risks allowing such projects to access affordable capital, a new joint report by the …
Recently, considerable research has been undertaken in India in policy circles to identify the pathway for achieving Net Zero Emission by the 2070s. However, as most of the studies focus on the overall national perspective, they do not take into account inter-State differences with respect to availability of the primary …
The first action in the G-20 Sustainable Finance Roadmap proposes six high-level principles for the development and global coordination of approaches to align investments with sustainability goals. “Alignment approaches” are national and international frameworks for the financial sector that aim to monitor global sustainable finance flows and ensure that they …
To address the myriad challenges posed by global climate change, countries at all income levels have put in place a diverse set of policies over the past three decades. Many governments have already made significant progress in their efforts to decarbonize, creating a rich history of implementation experiences that provides …
In this time of global upheaval and a rapidly changing climate, the economies of Sub-Saharan Africa stand to benefit from vast endowments in natural resources and the transition to a low-carbon economy. Global efforts to decarbonize economies are likely to create demand for 3 million tons of minerals and metals …
This paper finds the green trade pattern of Asian economies is increasing in terms of its export share within the region and in global trade. However, the green imports share showed faster growth than the exports share. In addition, the pattern of green trade differs depending on green industry definitions, …
The importance of steel in supporting India’s growth will increase with economic development, infrastructure build-out, and urbanization in India. The emissions from the sectors are estimated to grow by 200 percent by 2050. This requires decarbonizing the steel industry to ensure India meets its economic ambitions and climate mitigation goals. …
This report for the Gender Equality in a Low-Carbon World (GLOW) programme reviews the evidence on women's economic empowerment in low-carbon transitions. It identifies the gaps in the evidence base; and recommends how GLOW and other research initiatives and funders may further enrich the evidence, and inform policy and practice.
Climate change is having a profound impact on people’s lives across the world. Mitigating and adapting to climate change will require major economic investment and coordinated action to transition to a sustainable, low-carbon economy. The 2022 World Trade Report explores the complex interlinkages between climate change and international trade and …
India released its Long-Term Low Emission Development Strategy (LT-LEDS) at the UN Climate Change Conference (COP27), setting out a broad framework of how it proposes to meet its goal of achieving climate neutrality by 2070. India submitted its Long-Term Low Emission Development Strategy to the United Nations Framework Convention on …
Countries will need significant financial resources to face climate-induced events and transition to a low-carbon economy. There is a vital need for climate finance narratives to focus on the qualitative aspects of money flowing in, along with increasing the quantum of financial flows. The varied financial requirements to support climate …
Least Developed Countries (LDCs) – 46 countries highly vulnerable to economic and environmental shocks — contribute little to global emissions. In 2019 they were responsible for just over 1% of emissions from fossil fuel and industrial processes. This paper addresses some of the challenges LDCs face in preparing and implementing …
A new report released by NITI Aayog highlights that green hydrogen can substantially spur industrial decarbonisation and economic growth for India in the coming decades. Harnessing Green Hydrogen: Opportunities for Deep Decarbonisation in India provides a pathway to accelerate the emergence of a green hydrogen economy, which is critical for …
Meeting India’s short- and long-term climate commitments made at COP26 entails a complete economic transformation, which can have considerable developmental tradeoffs. Many long-term energy and climate models that project low-carbon pathways for the country consider the gross domestic product (GDP) to be exogenously driving growth in various sectors. However, low-carbon …
This working paper identifies key climate policies and investments and estimates their emissions-reduction potential and associated costs, which can enable the United States to reduce economy-wide greenhouse gas (GHG) emissions by 50–52% compared to 2005 levels by 2030 and reach net-zero GHG emissions by midcentury, the goals set by the …
This working paper identifies key climate policies and investments and estimates their emissions-reduction potential and associated costs, which can enable the United States to reduce economy-wide greenhouse gas (GHG) emissions by 50–52% compared to 2005 levels by 2030 and reach net-zero GHG emissions by midcentury, the goals set by the …
There are demands on central banks and financial regulators to take on new responsibilities for supporting the transition to a low-carbon economy. Regulators can indeed facilitate the reorientation of financial flows necessary for the transition. But their powers should not be overestimated. Their diagnostic and policy toolkits are still in …
This report, the first in a series of three, focuses on the policy landscape needed to enable a transition to net zero emissions, identifying key policies at a sectoral and national level to support investments towards decarbonisation in Argentina, Brazil, and Peru. It also provides a brief description of the …
