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 …
This briefing paper, produced in collaboration with ClimateWorks Foundation, explores how different futures analysis methods can be used to better understand how rapidly changing world might present challenges and opportunities towards achieving ambitious climate change mitigation goals.
In this paper, the Working Group on Mitigation Instruments (WGMI) provides a framework to choose the appropriate mitigation instruments for India’s transition to a low-carbon economy. The white paper, developed in collaboration with the Environmental Defense Fund (EDF) and supported by Shakti Sustainable Energy Foundation, builds on the literature available …
This brief analyses four key sectors of the manufacturing industry: iron and steel, cement, ammonia and chemicals (primarily petrochemicals), which have the highest emissions intensity of production. The analysis reveals that the opportunities to decarbonise the manufacturing sector are aplenty. It suggests that India’s competitiveness in manufacturing iron and steel, …
The Climate Finance Leadership Initiative (CFLI) published a report titled, ‘Financing the Low-Carbon Future: A Private-Sector View on Mobilizing Climate Finance,’ which identifies concrete opportunities for mobilizing private finance at the scale and speed needed to support an orderly and inclusive transition to a low-carbon global economy across both developed …
India is estimated to require nearly USD 95 to 125bn annually through 2033 for actions on climate mitigation. This entails investment to support transition of existing sectors into green and nurturing emerging sectors and technologies in areas such as electric vehicles, green buildings, renewable energy, waste and water resources. Public …
To finance the transition to low-carbon economies required to mitigate climate change, countries are increasingly using a combination of carbon pricing and green bonds. This paper studies the reasoning behind such policy mixes and the economic interaction effects that result from these different policy instruments. The paper models these interactions …
Why U.N.-led investors have drawn up a guide for firms to rethink threat to companies. The story so far: On May 10, 20 institutional investors from 11 countries convened by the U.N. Environment Finance Initiative (UNEP FI) made public a report that helps investors understand how to calculate the risk …
Australia’s QBE Insurance Group Ltd plans to stop offering new policies for thermal coal mines and coal-fired power stations to help encourage a low carbon economy and combat climate change. The country’s third-largest insurer said it aims to phase out all direct insurance services for thermal coal customers by 2030, …
Investing in a Time of Climate Change – The Sequel (the Sequel) documents Mercer’s latest climate scenario model for assessing the effects of both climate-related physical damages (physical risks) and the transition to a low-carbon economy (transition risks) on investment return expectations. The Sequel models three climate change scenarios, a …
Investing in a Time of Climate Change – The Sequel (the Sequel) documents Mercer’s latest climate scenario model for assessing the effects of both climate-related physical damages (physical risks) and the transition to a low-carbon economy (transition risks) on investment return expectations. The Sequel models three climate change scenarios, a …
With every tree felled and every piece of coal burned for energy, Indonesia is inching closer to its ecological tipping point. And once it passes that point, the country’s economy will greatly suffer, leading to an increase in poverty, a higher mortality rate and lower human development. That’s the conclusion …
With every tree felled and every piece of coal burned for energy, Indonesia is inching closer to its ecological tipping point. And once it passes that point, the country’s economy will greatly suffer, leading to an increase in poverty, a higher mortality rate and lower human development. That’s the conclusion …
This report outlines the measures that South Africa and its partners can take to reduce climate transition risk, avoid potential economy-damaging risk concentrations and in so doing, reduce the costs associated with the decarbonisation of the South African economy. More generally, this analysis can serve as a template with which …
Top Indian companies have reaffirmed their commitment to fighting climate change by taking bold emission reduction targets and promoting renewable energy that has put the country on the path to achieving its global commitment well ahead of the Paris Agreement targets. This was the observation of Carbon Disclosure Project-India's (CDP) …
Spain’s prime minister vowed on Friday to make up for a decade of inaction on climate change brought on by a harsh economic recession during which he said the country lost its passion and creativity to tackle the issue. Socialist leader Pedro Sanchez, who came into power in June, said …
Do transition policies address the needs of the most disadvantaged? This brief examines policies in the US and Thailand to highlight key equity considerations. While limiting fossil fuel use will likely bring a multitude of societal benefits – related to reduced climate risks, sustainable economic growth, air quality and human …
Fiscal policies can lay the foundation for low-carbon and climate-resilient development. Building on more than two decades of research in development and environmental economics, this book argues that fiscal instruments are crucial for mitigating and adapting to climate change while raising human welfare. By implementing environmental tax reforms, developing countries …
The objective of this working paper is to inform policy experts, legislators and decision-makers on the recent trends in climate change policy-making around the world and to draw lessons learnt from the experiences with designing and implementing climate change legislation. The study in particular aims to contribute to the current …
India is committed to contributing to the global low carbon growth agenda. By 2030, India intends to reduce the emissions intensity of its GDP by 33% to 35% from 2005 levels by focusing on diversifying and growing its energy portfolio to reduce its carbon emissions and support the sustainable growth …
India is committed to contributing to the global low carbon growth agenda. By 2030, India intends to reduce the emissions intensity of its GDP by 33% to 35% from 2005 levels by focusing on diversifying and growing its energy portfolio to reduce its carbon emissions and support the sustainable growth …
