Announcements
Announcements
At the Cancún Climate Change Conference in 2010 (COP16), developed countries pledged to mobilize $100 billion USD in climate finance per year, starting in 2020. Yet three and a half years later, the Green Climate Fund is still not operational, because several major issues remain unresolved, including how to deal with private-sector contributions to climate finance.
In this blog post, Adis Dzebo, a research fellow at SEI in Stockholm, and Pieter Pauw, a researcher at the German Development Institute / Deutsches Institut für Entwicklungspolitik (DIE) who is currently a guest researcher at SEI, outline the key unresolved issues but argue that none of them should stop climate finance from flowing right away.
… It is important to keep working to resolve all the issues mentioned above, to facilitate the flow of private climate finance and build trust between developed and developing countries, most notably with regard to tracking, assigning responsibilities and verifying that investments have real impacts on the ground.
However, it must be acknowledged that some issues will either never be solved or always be contentious. The lack of resolution should not keep us from moving forward.
The Intergovernmental Panel on Climate Change (IPCC) Fifth Assessment Report and others have highlighted the urgent need for higher investments, both in mitigation – where the door to prevent dangerous climate change is closing – and in adaptation, given that climate change impacts are already being felt throughout the world. …
Source: RTCC, UK
Project / The Resilient Coasts Caribbean Sea project will develop Living Labs for coastal ecosystem management using nature-based solutions.
Event on 23 April in New York City / SEI's Finance for Sustainable Development team will explore financing solutions for clean energy in Sub-Saharan Africa at this UN side event.
Feature / A RISKSEC2.0 workshop highlighted innovative local climate change adaptation strategies from four European cities.
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