The IMF’s April 2025 Regional Economic Outlook for Sub-Saharan Africa presents a clear warning: regional growth is slowing, debt pressures are mounting, and donor assistance is declining. Yet the report outlines critical opportunities particularly in domestic revenue mobilization, structural reform, and private sector activation that can shape a more resilient …
The past two years have seen significant shifts in corporate activity regarding climate change. For businesses, the entry into force of the Paris Agreement has perhaps been the key catalyst to contemplate a future policy environment consistent with its objective of limiting global warming to well below 2°C. Some companies …
One of the biggest concerns that emerged with the election of Donald Trump as the US President — of that country potentially withdrawing from its commitments under the Paris Agreement on climate change — is coming to the fore. Trump signed an executive order on ‘Promoting Energy Independence and Economic …
Nigeria has become the latest country to ratify the Paris Climate agreement, which aims to avoid the most devastating effects of climate change by cutting carbon emissions. President Muhammadu Buhari signed the instrument of ratification yesterday in Abuja and announced the development on its official Twitter handle. Nigeria had demonstrated …
He said while it was “heartening" to see the efforts being made by other countries, particularly India and China, and these would need to be stepped up to fill the void likely to be created by the lack of initiatives from the US. Lamenting the lack of enthusiasm from the …
A new study indicates that millions of people, particularly those who are living in megacities, could be exposed to more deadly heat wave these coming years, according to a new study. This is despite the effort of curbing the global warming by some nations and the Paris Agreement. The findings …
Sweden, Germany and France are the only European countries pursuing environmental policies in line with promises made at the Paris climate conference, according to a new ranking study. The UK is in fifth position in the table which assesses policy actions taken by EU states to meet Europe’s pledge of …
A 2015 global pact for fighting climate change will benefit in some ways at least if U.S. President Donald Trump carries out a threat to pull out, backers say, in a shift from gloom about the fate of a deal that took two decades to negotiate. The Paris Agreement requires …
Business executives and scientists on Tuesday urged the world's leading economies to put global warming back on the G20 agenda after finance ministers and central bankers failed to reaffirm their readiness to finance measures against climate change. The G20's outreach organisations for business (B20), think tanks (T20) and civil society …
Question raised in Lok Sabha on Paris Agreement, 21/03/2017. The Paris Agreement under the United Nations Framework Convention on Climate Change (UNFCCC) pertains to the post-2020 period. Therefore, its implementation will only begin after 2020. Currently, the goal is to achieve the pre-2020 voluntary pledge of reducing the emissions intensity …
Question raised in Rajya Sabha on Eco-friendly approach for fulfillment of the Paris Climate Change Agreement, 20/03/2017. India ratified the Paris Agreement to the United Nations Framework Convention on Climate Change (UNFCCC) on 2nd October 2016. It involves implementation of the Nationally Determined Contributions (NDCs) submitted by India to the …
Rabat – Minister delegate for the environment Hakima El Haite called, on Wednesday in Rabat, for setting up a network between the centers of competences worldwide and establishing a database to speed up the implementation of the Paris Agreement. In a speech at the opening of an international workshop on …
Philippines President Rodrigo Duterte has signed the Paris Agreement on Climate Change restricting greenhouse gas emissions, putting the deal one step closer to ratification in the country, a senator said on Wednesday. The agreement, which came into force on Nov. 4, aims to transform the world's fossil-fuel-driven economy within decades …
Multilateral climate funds play a key role in using public finance to help drive the economic and societal transformation necessary to address climate change. There is growing pressure for policymakers to make the architecture of funds more effective and coherent. This report examines seven key multilateral climate funds and recommends …
A background paper that unpacks the Paris Agreement and assesses its implications for India. The Paris Agreement aims to keep the increase in global average temperature to well below 2 C above pre-industrial levels, and further limit the increase to 1.5 C, to reduce risks and impacts of climate change. …
This report elaborates a strategy for phasing out coal in the European Union and its member states and provides a science-based shut-down schedule of coal power plants at the individual unit level, in line with the Paris Agreement long-term temperature goal.
Now that the Paris Agreement on climate change has been ratified, India must plan on making good on its Nationally Determined Contributions (NDCs). Implementing the NDCs will require India to develop innovative policies, legislative and institutional frameworks, mobilize the required resources and find solutions to promote newer, cleaner technologies. Shifting …
Question raised in Lok Sabha on Funds for Combating Climate Change, 07/02/2017. At the 22nd Conference of Parties (COP) to the United Nations Framework Convention on Climate Change (UNFCCC), held in Marrakesh, Morocco from 7th-18th November 2016, India stressed that access to adequate and predictable climate finance, in both pre-2020 …
Current emission pledges to the Paris Agreement appear insufficient to hold the global average temperature increase to well below 2 °C above pre-industrial levels. Yet, details are missing on how to track progress towards the ‘Paris goal’, inform the five-yearly ‘global stocktake’, and increase the ambition of Nationally Determined Contributions …
To ensure that the aims of the Paris Agreement can be met, progress towards both individual goals (NDCs) and the global goals (e.g. the long-term temperature goal) needs to be tracked. The architecture for tracking progress under the Paris Agreement is a good start, but much work remains to be …
The objective of the Global Stocktake laid out in Article 14 of the Paris Agreement is ‘ to take stock of the implementation of the Paris Agreement to assess the collective progress towards achieving the purpose of this Agreement and its long-term goals.’ The ‘purpose and long-term goals’ as mentioned …