Low Carbon Economy

State of the Climate in Asia 2024

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 …

Climate finance in the Asia-Pacific: trends and innovative approaches

There is a widening gap in the Asia and Pacific region between the amount of climate finance directed towards adaptation and mitigation of climate change, and the amount of finance necessary to address these and sustainable development issues. Despite concerted efforts at the international level, climate finance mobilized by international …

Greening integration in Asia: how regional integration can benefit people and the environment

This book by the Institute for Global Environmental Strategies (IGES) introduces the concept of Green Integration and makes the case that countries in Asia should make sustainability the main objective of their integration efforts. Regional Integration is stepping up in Asia. The launch of the ASEAN community by the end …

Building climate equity: creating a new approach from the ground up

For more than two decades, crafting global actions that all nations believe to be equitable has been a central challenge for international climate policy. A new approach is required to resolve this challenge. Building on the experiences of 23 countries, this report demonstrates that climate action and equity can be …

Africa Progress Report 2015: power, people, planet - seizing Africa’s energy and climate opportunities

Renewable energy is at the forefront of the changes sweeping Africa, and a “triple win” is within the region’s grasp to increase agricultural productivity, improve resilience to climate change, and contribute to long-term reductions in dangerous carbon emissions. This is the message of a new report by former U.N. Secretary-General …

G7 leaders agree to strive for low-carbon economy

Group of Seven leaders agreed on Monday to wean their economies off carbon fuels and supported a global goal for reducing greenhouse gas emissions, but they stopped short of agreeing their own immediate binding targets. In a communique issued after their two-day summit in Bavaria, the G7 leaders said they …

G7 leaders bid 'Auf Wiedersehen' to carbon fuels

Leaders of the world's major industrial democracies resolved on Monday to wean their energy-hungry economies off carbon fuels, marking a major step in the battle against global warming that raises the chances of a U.N. climate deal later this year. The Group of Seven's energy pledge capped a successful summit …

Bank financing falls short of UAE’s green economy ambitions

Private-sector environmental initiatives are being hampered by banks’ reluctance to finance clean-energy enterprises. Indeed, economic development is taking its toll on the environment even though the UAE has made progress in reducing its carbon footprint. The country has lowered its annual per capita emission of greenhouse gases to 18.8 tonnes …

U.N. climate deal in Paris may be graveyard for 2C goal

The U.N.'s Paris climate conference, designed to reach a plan for curbing global warming, may instead become the graveyard for its defining goal: to stop temperatures rising more than 2 degrees Celsius above pre-industrial levels. Achieving the 2C (3.6 Fahrenheit) target has been the driving force for climate negotiators and …

Climate finance for cities: how can international climate funds best support low-carbon and climate resilient urban development?

This paper reviews the approaches taken by multilateral climate funds in the period 2010-2014 to support low-emission and climate resilient development in developing country cities. It identifies US$ 842 million in approved climate finance for explicitly urban projects, which equates to just over one in every ten dollars spent on …

Low carbon pathways

India’s climate debate encompasses issues other than just energy choices and energy efficiency. It is an integrated puzzle around lifestyle choices, the aspirations of 1.2 billion people, and informed actions on the water, air quality and climate fronts. In the wake of the upcoming COP-21 talks at Paris and the …

Aligning policies for the transition to a low-carbon economy

This report offers a new approach to facilitate the implementation and improve the effectiveness of climate action, with the first broad diagnosis of misalignments between overall policy and regulatory frameworks and climate goals. It identifies a number of opportunities for realigning policies to enable an efficient and cost-effective shift to …

Renewable energy gains momentum in India: US

"India has put forward a target of 175 gigawatts of renewables by 2022, which would mean well over 10 per cent of their electricity would come from renewable energy by that year," said Rick Duke. The US has praised India for its “considerable momentum” towards clean energy, saying that over …

Financing Vietnam’s response to climate change: building a sustainable future

Vietnam needs to strengthen its response to climate change by including strategic investments toward a low-carbon future in its planning and budgeting strategy for coming years, according to a new government report, led by Ministry of Planning and Investment (MPI) and supported by the World Bank and U.N. Development Program …

China rethinks how to fund environmental clean-up

Government will adopt public-private tie-ups and 'green' bonds to raise funds, forum told The mainland planned to raise funds for its environmental clean-up and carbon-reduction goals by creating public-private partnerships (PPPs) and issuing "green" bonds, officials from the central bank and other financial authorities said yesterday. The government is turning …

Decarbonizing development: three steps to a zero-carbon future

Getting to zero net emissions and stabilizing climate change starts with planning for the long-term future and not stopping at short-term goals. It means getting prices right as part of a broad policy package that can trigger changes in both investments and behaviors, and it requires smoothing the transition for …

World wide views on climate and energy

This booklet provides basic information about the science of climate change and different points of view on how to deal with it. The booklet will serve as common ground for the discussions at the World Wide Views consultation. It focuses on issues which countries will negotiate at a major climate …

A guide to INDCS - Intended nationally determined contributions

Guide to INDCs - provides practical guidance to Least Developed Countries on how to prepare their Intended Nationally Determined Contributions for the UNFCCC. INDCs are contributions by the Parties to the UNFCCC towards achieving the ultimate objective of the Convention: to prevent dangerous human interference with the Earth’s climate.

Financing Vietnam’s response to climate change: smart investment for a sustainable future

Climate-related hazards have adverse effects on national growth and poverty reduction, affecting the poor and several sectors of the economy simultaneously. At its current rate of growth, Vietnam will become a major global greenhouse gas (GHG) emitter. The Government of Vietnam initiated the Climate Public Expenditure and Investment Review (CPEIR) …

New figures show low-carbon economy is 'within reach'

Low-carbon industries saw a record turnover of £122bn in 2013, with an annual growth rate of 7.6% since 2010, according to Government figures released yesterday. "The low-carbon economy that many have talked about is now within reach," said Energy and Climate Change Secretary Ed Davey. "There is still a long …

HSBC: Green bonds to hit $100bn as investors back renewable

China to drive growth of so called green bond market as world's second largest economy gets serious about remewables says HSBC The value of so called "green bonds" to finance environmentally sustainable energy and transport projects is expected to tripple to around $100bn (£67bn) this year spurred on by demand …

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