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 …
WWF South Africa, along with partners at Six Capitals Advisory, is excited to announce the release of a special edition publication themed around climate risk and investment. The publication has been put together by the South Africa-UK PACT country programme to support action on just-transition pathways and a low-carbon economic …
The India Just Transition Finance Roadmap (JTFR) project is part of an international collaboration with international partners including CDC Group, Harvard Kennedy School, and the London School of Economics. The goal of the JTFR is to identify the priority actions that can be taken by financial institutions to support climate …
The macro-financial transition risks that result from disorderly transitions to a carbon-free or low-carbon economy may entail significant costs due to the risk of stranded assets, defaults, collapse in stock market value, both for financial firms and non-financial firms. The effects of networks, contagion, and higher-round effects of stranding may …
India is already feeling the impacts of climate change. Heatwaves are becoming more common and severe; heavy rain events have increased threefold since 1950; and rising sea levels are posing new risks as a third of India’s population live along the coast. Low-income and other marginalised groups are most vulnerable …
Climate change is a major threat to the sustainability and inclusiveness of our societies, and to the planet’s habitability. A just transition to a low-carbon economy is the only viable way forward. This paper reviews the climate change challenge. It stresses the criticality of systems changes (energy, transport, urban, land …
The focus of this brief is on national climate governance with only partial discussion of the complementary federal governance structures required, which will be addressed elsewhere. Consequently, the scope of this discussion is substantially limited to mitigation as adaptation concerns, in particular, need far greater attention to state and local …
This report examines the landscape of low-carbon energy technologies and covers the past, present and future of clean energy innovation. Recent developments provide welcome grounds for optimism. After a slump in patenting activity during the last decade, have now seen three years of growth in low-carbon energy (LCE) patenting in …
This report discusses under the current trajectory, global GDP could be 11–14% less by mid-century than in a world without climate change. The loss under Paris Agreement targets would be significantly less (around 4%). Economies in south and southeast Asia are the most vulnerable to climate change effects; advanced economies …
This paper discusses how China’s low-carbon transition can act as a new driver of growth in the post-COVID-19 era. It argues that China should peak its carbon emissions during the 14th Five-Year Plan, which covers the period 2021 to 2025, and bend the emissions curve quickly, in order to achieve …
China’s 14th Five-Year Plan, for the period 2021–25, presents a real opportunity for China to link its long-term climate goals with its short- to medium-term social and economic development plans. China’s recent commitment to achieving carbon neutrality by 2060 has set a clear direction for its economy, but requires ratcheting …
In 2006, Uganda’s hopes of developing an oil industry were boosted by the confirmation of “commercially recoverable” quantities of oil in the Albertine Basin. By 2013, three international oil companies were lined up to develop the oil fields with first oil expected in 2018. Uganda’s government had high expectations that …
Green Growth Index is a composite index measuring a country’s performance in achieving sustainability targets including Sustainable Development Goals (SDGs), Paris Climate Agreement, and Aichi Biodiversity Targets for four green growth dimensions – efficient and sustainable resource use, natural capital protection, green economic opportunities, and social inclusion (Acosta et al., …
Ethiopia’s commitment to low-carbon climate-resilient development has been hailed by the international community. And rightly so: despite negligible contributions to global emissions, the country’s rapid development over the last decade has not compromised on protecting its citizens and environment from the impacts of climate change. By extension, Ethiopia is helping …
This report explores green bonds and other finance instruments for climate-resilient infrastructure and investment opportunities that can support the Philippines in achieving a low carbon economy. In developing this report, the Climate Bonds Initiative (CBI) consulted with experts from various sectors in partnership with the Securities and Exchange Commission of …
This technical note presents an assessment framework for designing coronavirus disease (COVID-19) recovery interventions that are geared toward accelerating climate and disaster resilience and low-carbon development. The scale of the COVID-19 crisis and the associated size of the response mean that decisions governments make now will influence systems, create assets, …
This paper tries to establish the interrelation between the energy sector and the net zero emission goal, focusing on India’s pathways to a low carbon future. It discusses the dilemma of choosing between growth and sustainability and the co-benefits of transitioning to a less carbon-dependent, renewables-based energy system from both, …
This working paper draws on the latest economic research to demonstrate how climate policy and investments in low-carbon infrastructure can reboot America’s economy and set it up for long-term success. On the other hand, delaying action on climate will further expose the United States to costly damages from climate impacts, …
This paper examines the interaction between macro-financial and climate-related risks. It brings together different strands of the literature on climate-related risks and how these relate to macro-financial management and risks. Physical impacts of climate change as well as the transition toward a resilient low-carbon economy pose significant challenges for macro-financial …
Countries seeking to scale up renewables can draw on the bond market, including the growing range of securities dedicated to sustainable, environmentally beneficial, climate-safe project finance. Renewable energy has emerged as a major recipient of such green bond proceeds. This brief from the International Renewable Energy Agency (IRENA) highlights enormous …
The Government of Costa Rica has become the 14th country to submit its long-term strategy for low-emission development (LTS) to the UNFCCC Secretariat. The LTS conveys Costa Rica’s aspiration to be a modern, green and emissions-free economy, and commits the country to net-zero emissions by 2050.Costa Rica’s ‘National Decarbonization Plan …
