Asian Development Bank (ADB) President Takehiko Nakao today announced that ADB will double its annual climate financing to $6 billion by 2020, up from the current $3 billion. ADB’s spending on tackling climate change will rise to around 30% of its overall financing by the end of this decade.
Secretary General Ban Ki-moon reported today that ahead of an upcoming United Nations climate conference in Paris, world leaders have voiced broad support for reaching a durable agreement that will accelerate investments in clean energy and spur a global, low-carbon transformation well before the end of the century, consistent with a below 2 degrees Celsius pathway.
At the upcoming United Nations Summit, member states will reach an agreement on the Sustainable Development Goals (SDGs). Development practitioners will then engage in monitoring the achievements of the goals and targets. As was the case with the Millennium Development Goals (MDGs), country, regional and global level progress reports are likely to proliferate.
Studies & Presentations
A new report from The World Bank Group, CLASP, and Carbon Trust, A Greener Path to Competitiveness offers recommendations and guidance on how companies and countries can stay competitive while implementing more climate-friendly technologies and strategies.
On the 25th February 2016, in London, IIED and partners hosted a conference to help build a new policy agenda for integrating the informal economy into inclusive green growth and sustainable development. It was titled ‘The biggest ‘private sector’: what place for the informal economy in green and inclusive growth?’ and featured speakers from research, policy and practice, including from Brazil, Ethiopia, Ghana, Indonesia and South Africa.