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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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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China’s Effort to Limit GHGs

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China produces more carbon dioxide than any other country in the world: 10.357 million metric tons per year. To limit their impact on climate change, China includes environmental protection in their Five Year Plan (FYP). The FYP is the country’s blueprint that outlines the policy framework, priorities, economic, and social development goals for the 2016-2020…
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The Paris Agreement and the Green Economy

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The adverse impacts of climate change are no secret. We are constantly reminded of the gloomy consequences that will arise at our continued rate of consumption without significant intervention. It is predicted that growing wage gaps combined with climate change will cause over 100 million people to fall into poverty. Moreover, this alarming statistic could…
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How Does a 2⁰C Increase in Global Temperature Impact Food Security?

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821 million people. Nearly 821 million people across the world are food insecure, according to the 2018 State of Food Insecurity (SOFI) report by the Food and Agriculture Organization of the United Nations (FAO). This means that they do not have adequate access to sufficient, safe, nutritious food to maintain a healthy life. Evidence indicates that…
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Is Insurance Betting on a Green Future?

The insurance industry is now one of the many actors in the private sector that are adapting to climate change. Insurance companies like Alianz or Prudential are taking actions to adjust. These big insurance companies work with groups like ClimateWise to navigate the financial world in light of climate change. But as climate change progresses,…
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Nefarious Nets: Private Insurance in the Public Sector?

At the end of the day, the insurance industry is a business. But they are also a risk pool. So while they may be companies with stockholders and CEOs with a bottom line, they are still risk shares that are meant  to minimize damage impacts amongst their insured customers. But as the insurance industry becomes…
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Using an Interactive Simulation Model to Educate Students on our Climate Future

C-ROADS stands for “Climate Rapid Overview and Decision Support Simulator.” It is a computer simulation tool developed by the non-profit think tank, Climate Interactive, to educate people on how to achieve climate change goals through interactive experiences. Here at COP23, C-ROADS was the focal point of the side event, “NVF: Using Decision-Maker Tools & Climate…
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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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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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Who is representing the US at COP23?

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You are on your way to COP23, the place to be for everything climate change. You walk through the doors and find yourself among hundreds of people from all over the world, running from one session to the other, with a quick stop perhaps for a cup of coffee. You attend negotiations and presentations, and develop…
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Issues Developed, Developing, and Small Island Nations Highlighted in the High Level Segment

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The question is what is developing and developed nations are bringing to the world discussion on what needs to happen under the Paris Agreement. The high-level segment of the COP23 started yesterday. In the high-level segment, country heads of government have the opportunity to address the COP for three minutes. With such a short amount…
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