Since October 2022, seven EU member states have announced plans to withdraw from the Energy Charter Treaty (ECT). Across the board, the message is clear: the insufficient and potentially climate-damaging treaty reform effort is no longer a politically viable option, write Christina Eckes, Lea Main-Klingst and Lukas Schaugg. Christina Eckes is a professor of European … Continue reading Next steps for the Energy Charter Treaty?
A draft document suggests the bank will broaden its “twin goals” of boosting prosperity and ending extreme poverty to encompass climate action. Joe Lo writes on the Climate Change News website about the draft new mission. World Bank moots stronger strategic focus on climate action The World Bank is considering making climate action more … Continue reading The World Bank’s new mission is expected to “emphasize the importance of sustainability and resilience to reflect more clearly that our mission includes global public goods (GPGs), such as climate change”
Rachel Kyte, Dean of the Fletcher School, Tufts University writes on The Conversation website about her views on the global shift to clean energy. Ms Kyte was the former CEO of Sustainable Energy for All, and Special Representative of the United Nations Secretary-General for Sustainable Energy for All. How Putin’s war and small islands … Continue reading Even with all the bad news significant changes are underway that have the potential to create a more sustainable world
The European Union has negotiated its "biggest climate law" ever. With emitters forced to pay more, billions of euros are expected to go toward a climate social fund. Tim Schauenberg takes a closer look in an article on the Deutsche Welle website. EU reforms Emissions Trading System: What you need to know The European … Continue reading The EU’s new carbon market includes a reformed Emissions Trading System (ETS)
As accounting for energy use becomes increasingly sophisticated, there are directions in which this metric is evolving, including adopting blockchain. Gian Autenrieth, Co-Lead of D-REC Initiative, writes about renewable energy certificates and blockchain in an article on the Sustainability website. Renewable energy certificates, the blockchain and the future What is a renewable energy certificate … Continue reading The fundamentals of distributed ledger technology to verify clean energy production are hugely significant
Saleemul Huq, director of the International Centre for Climate Change and Development at the Independent University in Bangladesh and a friend of EiD has argued for many years that developing countries need serious support to address their own concerns because of climate change. One of the few positive outcomes of COP27 was the agreement to … Continue reading How “loss and damage” was handled at COP27
The current architecture of the institutions and funds that provide climate finance is, however, not designed to work at a sub-national level. Therefore across the globe, cities are being left out. This situation is even more pertinent for African cities as Africa is both the fastest urbanising continent in the world and among the most … Continue reading With the current architecture for climate finance, cities are being left out
Loss and damage has been at the heart of much media reporting about the upcoming Cop27 climate talks in Egypt in November. With many disasters recently, such as the flooding in Pakistan, the importance of loss and damage compensation gains attention. Isabella Kaminski writes on the Climate Change News about the challenges involved. She notes that … Continue reading While “loss and damage” is gaining more attention ahead of COP27, who’s going to pay?
With carefully designed debt-for-climate swaps and support from international institutions, developing countries could expand their finance for desperately needed climate mitigation and adaptation actions and remove some of their heavy debt burden. Soyoung Oh, Junior Research Fellow, The Fletcher School at Tufts University discusses her views in an article on The Conversation website. How … Continue reading “Debt-for-climate swaps” to help low- and middle-income countries lower their vulnerability
The Columbia Center on Sustainable Investment (CCSI) recently released a briefing titled “International Investment Governance and Achieving a Just Zero-Carbon Future,” available in both English and French. The briefing discusses how the current international investment regime is hostile to states’ ability to address the climate crisis and will deter, delay or water down states’ climate-related … Continue reading New report on overhauling investment governance for a just zero-carbon future