Ideas to action: independent research for global prosperity
How Much Climate Finance? An Inconvenient Truth
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...
COP28 Should Set a Combined Climate and Development Finance Goal for People and Planet
November 27, 2023
When negotiators gather at COP28, climate finance and a new goal for 2025 onwards will be high up on the agenda. Developing countries would be wise to push for a combined climate and development finance goal.
Breaking Financing Barriers for a Just Climate Transition in Africa
November 17, 2023
Breaking barriers to climate financing requires bold interventions at a systemic level. The goal should be a just and equitable climate transition that spans across Africa; not one that is restricted to just a handful of countries deemed "investable." Achieving this transformative agenda requires co...
The Case for National Carbon Federations
November 13, 2023
The creation of a “forest carbon economy,” where countries reap the economic benefit of the emission reduction contributions of their forests, is increasingly seen as an important source of income for countries in Africa, Latin America, and Asia-Pacific. Brazil’s President Lula is promoting the cre...
Forest-Based Carbon Markets: Pitfalls and Opportunities
November 13, 2023
Forest-based carbon markets could become an important source of income for countries in Africa, Latin America and Asia-Pacific. Estimates indicate that under high carbon prices the carbon credits market could reach US$30 billion per year by 2030.
Who Should Pay? Climate Finance Fair Shares
November 01, 2023
Central to implementation of the Paris Agreement are questions of “fair shares”: who might contribute what and whether the group of contributors should be expanded. There is a case for nontraditional donors providing 20-30 percent of any total, while developed countries continue to take primary resp...
Climate Finance: The Case for New Countries to Contribute
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...
Who Gets World Bank Climate Money? An Exploration of Adaptation Financing to Lower-Income Countries
October 31, 2023
The World Bank is the largest provider of climate adaptation finance to the world’s poorest countries. Adaptation finance assists countries to reduce the risks they face from climate change such as disease outbreak and rising sea levels. Lower-income countries (LICs) receive highly concessional fina...
Advanced Economies Are Failing to Set a Good Example for Developing Countries on Reforming Tax Expenditures
October 30, 2023
Realizing the Sustainable Development Goals (SDGs) and tackling the climate crisis in developing nations demands substantial investments. A recent report commissioned by the G20 estimated that for developing countries (encompassing low-income, lower-middle-income, and upper-middle-income nations), a...
The World Doesn’t Need to Wait on the US for a Loss and Damage Fund
October 26, 2023
Call it a sign of the times: negotiations around the creation of a new Loss and Damage Fund for climate are breaking down, with developing nations and advanced economies at a familiar impasse. The Loss and Damage Fund—a fund meant to compensate vulnerable countries for climate impacts—is supposed to...