A New Architecture for Climate Finance Must Encourage Private Sector Investment

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“Give a man a fish, and he eats for a day. Teach a man to fish, and he eats for the rest of his life.” In relation to climate financing, the Green Climate Fund (GCF) and Developed Country Parties, do both, and neither particularly well.  The recent IPCC 1.5 report has taken away all room…
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Voluntary Cooperation (ITMOs) the Unknown Monster

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An important item under negotiation at COP24 is the concept of voluntary cooperation in mitigation. This item is of huge importance as developing countries need funding and financing to engage in low-carbon development and adaptation but they don’t have mandatory mitigation targets. Developed countries are the ones with the economic resources but they also need…
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The Pre-2020 Stocktake: Disappointment and Resolve

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As with any massive undertaking, practice makes better. The Global Stocktake in 2023 is no different. In accordance with decisions at COP21, to implement enhanced action prior to 2020, and at COP23, emphasizing that enhanced pre-2020 ambition can lay a solid foundation for post-2020 goals, this year’s COP held a two-part assessment of global progress….
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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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Adaptation and GCF at the Koronivia Workshop

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Today was our delegation’s first day at COP24 in Katowice, Poland. The experience was a whirlwind. We all were figuring out where to go for meetings, identifying who was speaking for each Party, and how to best soak in all the activities of COP. We attended sessions in our area of expertise, and sometimes those sessions overlapped…
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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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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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Intentions and Realities: A case for better fund management

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One of the biggest hang-ups to addressing climate change is finance.  How are research projects funded?  How are solutions funded so that they can be implemented at a meaningful scale?  While finance was not my area of focus at COP 23, it certainly came up concerning “agriculture, forestry, and other land use” issues (AFOLU).  One…
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Lets get on the same page

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The Paris Agreement, ratified by 170 Parties, at last count, has a clear goal for the world: Hold the rise in average global temperature to “well below” 2 degrees Celsius. While the goal is clear, the solutions are complex and challenging. This is especially true for Least Developed Countries (LDCs). LDCs lack the capacity and…
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G77 + China: Perspectivas de la COP23

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Compuesto por 130 países, el G77 + China representa el grupo negociador más grande en la Convención Marco sobre el Cambio Climático (CMCC). El día de hoy durante su conferencia de prensa, la señora María Fernanda Espinoza en nombre del grupo, expresó los retos y debilidades de la COP23, así como los resultados positivos de…
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Financing Loss and Damage from Climate Change

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Loss and Damage (L&D) encompasses both sudden and slow onset events and is an incredibly important issue to developing countries at COP23. Although the economic costs of slow onset events have yet to materialize, sudden onset events have proved deadly and costly for developing countries. It is estimated that hurricanes wipe out 1% of the…
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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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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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Adaptation and Climate Resilience – Help Wanted

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A recent National Academy of Sciences (NAS) half-day seminar – Climate Change Adaptation Investments and Measuring Effectiveness – considered a pressing suite of interrelated issues. As Timmons Roberts of Brown University (one of the moderators) stated, “[t]his seminar is not an academic exercise.” Developing countries urgently need climate change adaptation help and they want and…
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A Numbers “Crunch” – Trump & The UNFCCC

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Like most every other institution around the globe, for a while now, the UNFCCC has been called on to do more with less. This is clearly reflected in the Executive Secretary’s recent budget presentations that report contributions to UNFCCC trust funds have declined significantly for at least the last 5 years. In fact, 2016 contributions…
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