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Blog Post
November 30, 2023
The latest climate COP, or “Conference of the Parties to the United Nations Framework Convention on Climate Change,” got underway today in Dubai. It will be attended by thousands of delegates from governments, the private sector, media, and civil society, with two hectic weeks of events and negotiat...
Blog Post
November 29, 2023
At the Annual Meetings of the World Bank and IMF in Marrakech in October, the governors of the World Bank agreed upon next steps in the Bank’s “Evolution Roadmap.” The level of ambition is still high, but big reform is far from a done deal. Looking to the past, there has been no shortage of World Ba...
Blog Post
November 28, 2023
Recent news that developed countries may finally have delivered on their promise to mobilise $100 billion of climate finance is welcome. But it is nowhere near enough to meet the aims of the Paris Agreement, and climate finance will continue to be an extremely contentious issue at COP28 in Dubai. So...
Blog Post
November 01, 2023
With just a month to go before COP28, the question of climate finance is threatening to derail the negotiations. Failure to deliver on past promises have damaged trust, and current discussions around both the New Collective Quantified Goal (NCQG) and especially the promised Loss and Damage (L&D) Fun...
Blog Post
October 10, 2023
One burning question is if the World Bank - together with the regional development banks - will use their potential in decarbonising the world economy. The first step in barricading the gates of hell has to be decarbonising the energy sector. It contributes the most to global greenhouse gas emission...
Blog Post
June 30, 2023
A focus on the direct benefits of climate finance investments ignores the indirect impact that climate finance may have had on making net zero targets more ambitious than they would otherwise have been. In this blog I show that these indirect benefits could be at least three times larger for each ye...