Tagged with climate finance

Financing Europe’s green transition

Financing Europe’s green transition

This was a critical week for ensuring the European Union takes a more ambitious approach to the low-carbon energy transition.  The European Commission unveiled a €1 trillion investment plan to fight climate change on Tuesday.  The Commission proposals would dedicate around a quarter of the EU budget to the task.  The proposal has already had … Continue reading

EU policy makers sealed a deal to create a classification system for green financial products, aiming to strengthen the rapidly growing market’s legitimacy

EU policy makers sealed a deal to create a classification system for green financial products, aiming to strengthen the rapidly growing market’s legitimacy

Brussels said the framework would help stamp out so-called “greenwashing”, when countries and companies seek to make their environmental credentials look better than they are. Alexander Weber writes for Bloomberg News on the Financial Post website about the adoption of “taxonomy for sustainable activities.”   Europe Reaches Deal on Landmark Rules Governing Green Investment European … Continue reading

Latest update on climate finance for mitigation

Latest update on climate finance for mitigation

The SDG Knowledge Hub of the International Institute for Sustainable Development (IISD) provides the October update on climate finance for mitigation compiled by Beate Antonich.   Mitigation Finance Update: Finance Flows to Developing Country Cities Can Deliver Maximum Impact Mitigation finance in October reflects renewable energy as the continued dominant destination sector, with investments also … Continue reading

Latest update on climate finance for adaptation

Latest update on climate finance for adaptation

The SDG Knowledge Hub of the International Institute for Sustainable Development (IISD) provides the October update on climate finance for adaptation compiled by Beate Antonich.   Adaptation Finance Update: Growing Need Calls for Additional Public and Private Funds October saw continued investment in rural communities as evidenced by financial support for a number of climate … Continue reading

Latest update on climate finance for mitigation

Latest update on climate finance for mitigation

The SDG Knowledge Hub of the International Institute for Sustainable Development (IISD) provides the recent update on climate finance for mitigation compiled by Beate Antonich.   Mitigation Finance Update: Every Project Counts to Help Achieve SDGs 7, 13 The past month saw a number of initiatives relating to: economic transitions supported by renewable energy sources, … Continue reading

New report on sustainable finance commitments by private sector banks

New report on sustainable finance commitments by private sector banks

The World Resources Institute has recently published a technical note interpreting the sustainable finance commitments of private sector banks.   Unpacking Green Targets: A Framework for Interpreting Private Sector Banks’ Sustainable Finance Commitments by Ariel Pinchot, Ichiro Sato, Giulia Christianson and Lihuan Zhou – October 2019 Private sector banks are facing political, market, and societal … Continue reading

Latest update on climate finance for adaptation

Latest update on climate finance for adaptation

The SDG Knowledge Hub of the International Institute for Sustainable Development (IISD) provides the recent update on climate finance for adaptation compiled by Beate Antonich.   Adaptation Finance Update: Global Commission Catalyzes Financial Resources for Action In September, the UN Secretary-General’s Climate Action Summit highlighted the need to accelerate climate change adaptation solutions. To this … Continue reading