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Viewpoint: No Blank Check for Development Banks
The kind of large-scale, sustainable infrastructure projects needed to forestall catastrophic climate change are rarely attractive investments for the private sector or even most governments. That means development banks have a crucial role to play, so long as they put the climate first.
- Categories
- Environment
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It’s Time to Measure the Effectiveness of Investing in Global Goals
Climate change is a defining issue of our time, and the global financial community has responded with a series of investing frameworks, stock exchanges and other activities to encourage private investment in climate change-focused initiatives. Despite these efforts, evidence suggests we are still off track to hit global targets. William Burckart and Steve Lydenberg of The Investment Integration Project discuss their new report, which advocates a new paradigm for measuring the effectiveness of investing in SDGs – and uses climate change investment to illustrate how this approach could work.
- Categories
- Energy, Environment, Impact Assessment, Investing
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Press release: Government of India and the World Bank Sign a New Project to Benefit Over 25 Million Small and Marginal Farmers in Maharashtra
The project is expected to benefit over 7 million people spread over an area of 3.0 million ha and cover 5,142 villages across 15 most climate vulnerable districts of the region.
- Categories
- Agriculture, Environment
- Region
- South Asia
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Reconciling Paris Agreement goals for temperature, emissions—study finds two targets don’t always go hand in hand
As society faces the challenge of limiting warming to no more than 2 degrees Celsius, new research finds an apparent contradiction: Achieving that goal doesn't necessarily require cutting greenhouse gas emissions to zero, as called for in the Paris Agreement. But under certain conditions, even zero emissions might not be enough.
- Categories
- Energy, Environment, Impact Assessment
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Viewpoint: Let’s turn the World Bank into a mobilizer of private investment to fight climate change
At the outset of the One Planet Summit in Paris last December, U.N. Secretary General António Guterres outlined many of the grave challenges posed by climate change. Then the world’s top diplomat offered what was, coming from him, an unexpected solution, one that wasn’t directly related to strengthening political will or environmental regulations, technological breakthroughs or alternative energy sources.
- Categories
- Environment, Investing
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Health savings outweigh costs of limiting global warming: study
The estimated cost of measures to limit Earth-warming greenhouse gas emissions can be more than offset by reductions in deaths and disease from air pollution, researchers said on Saturday.
- Categories
- Environment, Health Care
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New climate-smart technologies will boost agriculture and jobs in West Africa
A new programme is being launched to equip farmers in Africa with climate-smart agricultural tools and technologies.
- Categories
- Agriculture, Environment
- Region
- Sub-Saharan Africa
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New York’s Giant Pension Fund Doubles Climate-Smart Investment
The $2 billion boost was announced at the Investors Summit on Climate Risk, where top fund managers discussed finance for a low-carbon, clean energy future.
- Categories
- Environment, Investing
- Region
- North America
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