Tag: Climate Finance
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Climate Finance in the UNFCCC Negotiations: Bridging Gaps with Lessons Learnt
Climate finance debate being present in the centre stage of global negotiations for decades only deepens its importance as a global issue. Along with the inherent difficulty to address it because of a lack of a proper definition, climate finance debate has taken its turns through various challenging discourses. Regardless of these, there have been…
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Delivery of climate finance will be the key to COP26
The upcoming 26th Conference of Parties (COP26) of the United Nations Framework Convention on Climate Change (UNFCCC) is to be held in Glasgow, Scotland in November, with the United Kingdom as the host. The incoming COP26 President designate Alok Sharma has rightly said that the delivery of the “totemic 100 billion US Dollar” in climate…
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OPINION: If ‘totemic’ climate finance pledge is missed, developing nations should skip COP26
The UK official running the UN summit says rich nations must fulfill an unmet promise to provide $100 billion a year if they are to retain their credibility in negotiations Back in 2009, at the U.N. climate summit in Copenhagen, Denmark, rich countries first set a goal of channelling $100 billion in public and private…
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WASH and Climate – Policy and financing disconnects in Bangladesh
The WASH and climate: Policy and financing (dis) connects in Bangladesh is a report highlighting various gaps and challenges that exist in the climate and WASH policy landscape in Bangladesh. This report was developed as a joint initiative by the International Centre for Climate Change and Development (ICCCAD) and WaterAid Bangladesh. [btn btnlink=”http://website.icccad.net/wp-content/uploads/2021/05/WASH-and-Climate-Policy-and-financing-disconnects-in-Bangladesh-31-March-2021.pdf” btnsize=”medium” bgcolor=”#3f9e0c”…
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Rebooting a failed promise of climate finance
The 2009 pledge to mobilize US$100 billion a year by 2020 in climate finance to developing nations was not specific on what types of funding could count. Indeterminacy and questionable claims make it impossible to know if developed nations have delivered; as 2020 passes, opportunity exists to address these failures in a new pledge. At…
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The G7 countries need to step up on climate finance
One of the positive outcomes of the Paris Agreement on Climate Change back in 2015 was a pledge from the rich countries to provide USD 100 billion a year, starting from 2020, to help the poorer countries tackle climate change through both mitigation and adaptation actions. However, the year 2020 has come and gone, but…
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2020: the year to get money where it matters
More new initiatives, such as the Global Commission on Adaptation’s Locally Led Adaptation Action Track, are beginning to recognise the critical role of poor and marginalised people in tackling the climate emergency. From the Gobeshona conference, Andrew Norton and Saleemul Huq explain why a reimagined climate finance system that gets money into the hands of…
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2017 is the tipping point for loss and damage from climate change
Is it time to make climate polluters pay for the losses and the damage they cause? Even before we come to end of the year we already know that 2017 will be one of the warmest years on record and we have seen a succession of extreme weather events around the world, including typhoons in…
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ICCCAD Organizing Second Regional Short Course on Climate Finance
ICCCAD organizing the Second Regional Climate Finance Course in partnership with International Institute on Environment and Development (IIED) and Action on Climate Today (ACT) and UNDP’s Bangkok Regional Hub, with the support of UK Aid, and the Government of Sweden. This course is aimed at government officials from developing countries, especially from ministries of finance and…
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Time to go back to the drawing board
ADAPTATION TO CLIMATE CHANGE Apart of the historic Paris Agreement on Climate Change, agreed in 2015, was the pledge by developed countries to provide a minimum of USD 100 billion a year from 2020 onwards, to assist developing countries tackle climate change through both mitigation and adaptation. They also created a new funding body called…
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Getting climate finance to where it is needed most
Over the last decade, developed countries have contributed tens of billions of US dollars in climate finance to developing countries to support both mitigation actions (to reduce emissions of greenhouse gases that cause climate change), as well as adaptation (to tackle the adverse impacts of climate change). Most of the funding has gone to support…
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As the climate changes, will Bangladesh change too?
As the climate changes, Bangladesh is also changing. This is most obvious in terms of biophysical changes — stronger hurricanes, harder rainfall and more salinity — but it is also affecting the government’s budget, institutional systems, and the way it manages its finances. The question is as climate change accelerates, can Bangladesh change fast enough?…