Private Investors Help Fight Climate Change

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The IPCC 1.5 special report cannot be ignored. Our current pace of environmental degradation will lead to disastrous consequences. Now is not the time to put our heads in the ground and pretend that climate change does not exist. You cannot deny that some force is taking place, changing the inventory of our resources. I…
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Answering Tough Questions on Agriculture

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The Koronivia Joint Work on Agriculture (KJWA) met for a second session on Monday and anticipates an informal meeting tomorrow. The second session offered few answers to questions posed in the first session but highlighted country and organization experiences implementing work related to agriculture and climate change with the help of constituted bodies. Countries found the examples…
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Adapting the Adaptation Fund under the Paris Agreement

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The future of the Adaptation Fund (AF) is among the dicey climate finance issues to watch as Parties seek to complete negotiations on the Paris Agreement Rulebook over the upcoming 2 weeks. While it is small, with total cumulative receipts of only $737 million, the AF is highly regarded and widely celebrated for the “relevance,…
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Show Us The Money!

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  Tension in the global climate finance community is mounting as the Katowice climate change conference approaches. The September effort to advance the Paris Agreement Work Program (PAWP) exposed deep historic divides on climate finance (reported here, here and here). And though the Green Climate Fund Board thankfully “righted its ship” a bit in October…
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Green Climate Fund Approves $1B in New Projects

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On October 21, 2018, the Green Climate Fund (GCF) Board concluded its 21st meeting by approving 19 new projects, totaling $1.038 billion. This board meeting comes right after the IPCC released the Special Report on Global Warming of 1.5°C (SR1.5) (which we posted on here and here) and a little over a month before COP24. As UNFCCC Executive…
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IPCC special report leaves the world in dire straits

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In response to an invitation from the Parties of the Paris Agreement (PA), and pursuant to the Article 2 efforts to limit temperature increases well below 2°C, the IPCC prepared a Special Report on Global Warming of 1.5°C (SR15), released Monday, 8 October, 2018. Climate scientists sounded the alarm yet again, painting a dire picture…
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RE100 Businesses Pave the Way for Transitioning to Renewable Energy

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Ambition, pace, scale—these are the themes in shifting to an economy recognizing climate change. Companies pioneering this economic shift incorporated climate change as an significant factor in conducting business. One of the leading organizations spearheading this movement is RE100. RE100 is a collaborative movement uniting over 150 well recognized companies across the world to commit…
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A stumbling block at COP 23 – Finance

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The cost of mitigating climate change is estimated at 200-350 billion Euros (236-413 Billion USD) per year by 2030. It is a manageable sum in terms of a global burden, only 1% of global GDP. In terms of who pays and how much to pay, however, it becomes a disputed figure. For example, developed countries agreed…
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Justice Not Charity: It’s Just Compensation

Article 8 of the Paris Agreement was monumental for advocates of Loss and Damage. But the first draft of Article 8 reveals the concessions and compromises developing countries made to get it. Notably struck from the final version are the words and concepts of “compensation.” In the early draft, “compensation” was referred to as a “regime”…
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Money doesn’t grow on trees

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Walking into the COP, observer and party delegations alike are given a bar of chocolate. And while the candy bar does not give its holder a Golden Ticket, it does draw chocolate-lovers’ attention to an important message for the Trillion Tree Campaign. That campaign is spearheaded by Plant-for-the-Planet, an NGO launched in 2007 by a…
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Future of the Adaptation Fund: Developing Countries vs. Developed Countries

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The Adaptation Fund (AF) is a mechanism created through the Marrakesh Accords but funded through the Clean Development Mechanisms (CDMs) described in the Kyoto Protocol. The intention of the COP in the creation of the AF is the facilitation and funding of adaptation projects in developing countries to strengthen their resistance to climate change. Two percent of…
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Teachers Without Borders

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In the context of climate change, capacity building focuses upon developing the infrastructure, response and communication mechanisms, access to finance, climate awareness, and human capital of developing countries. This in turn enables the countries to meet carbon emission goals and develop sustainably. Developing countries face significant capacity challenges, which frustrate their ability to carry out…
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Wheels of climate change policy roll on in Bonn

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While angst about the pending Trump decision on the Paris Agreement (PA) remained a subtext of the annual intersessional climate meetings that wrapped up last week in Bonn, Germany, the technical work trundled on. More than 3,300 (negotiators, observers [including a VLS delegation], plus secretariat and other agency staff) participated in: the 46th sessions of…
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Trump’s proposed budget would cut US international climate change work significantly

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According to Inside Climate News, the Trump Administration’s recently unveiled budget proposal would cut $10.1 billion from the United States’ current international climate work, which represents a 28% reduction from the status quo. It would eliminate the Global Climate Change Initiative (GCCI), which funds all climate-related bilateral efforts, like collaborations with China and India, and contributes to the United Nations…
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