Bond Issuers invited to Join Green Bond Pledge

Green Bond Pledge moves to expand market for sustainable finance Today, former UN Climate Chief Christiana Figueres opened the Climate Bonds Initiative annual conference in London by calling on cities, national governments, and corporate bond issuers to commit to expand the green bond market. Addressing delegates from 55 nations, Ms. Figueres, Convenor of Mission 2020 announced a new Green Bond Pledge for bond issuers. The … Continue reading Bond Issuers invited to Join Green Bond Pledge

Signals of Paris Progress

ParisProgress.org tracks the implementation of the Paris Agreement, specifically in terms of the overall science-based targets of reducing emissions to allow for a maximum 1.5ºC global average surface temperature rise by mid-century. The methodology is simple: provide readers with an index of major platforms for implementation, so that these platforms can be seen in one place achieving visible progress. To provide added context, we are … Continue reading Signals of Paris Progress

Actionable Priorities to Build Fiscal Resilience

The following brief is an outcome document from the High-level Climate and Energy Dialogue held on April 20, 2017, at the UN Foundation in Washington, DC, as part of the series Accelerating Progress, Advancing Innovation. The dialogue was moderated by Rachel Kyte, Special Representative of the UN Secretary-General and CEO Sustainable Energy for All. The following guidance aims to open a discussion among ministers about … Continue reading Actionable Priorities to Build Fiscal Resilience

The Irresistible Efficiency of Climate-Smart Finance

Full-spectrum financial sector transition to low-emissions business models is possible. In fact, it is already underway. Resilience-focused finance enhances the health and longevity of investments and expands the capability of any given dollar to generate added value in the world. The why is both simple and complex: simple, because it is simply better to avoid risk that pervades the whole economy and feeds back negative value to whatever we do… … Continue reading The Irresistible Efficiency of Climate-Smart Finance

The PARIS Principles

For effective, efficient, equitable carbon pricing: Price pollution with a defined, steadily rising price on climate-disrupting emissions, preferably at the source. Add momentum. Enhance incomes; build economic value at the human scale. Reduce emissions effectively and accountably, by keeping the administrative structure simple and transparent. Internalize inefficiencies — cost and harm linked to polluting business models — incrementally, with escalating certainty and with no leakage. … Continue reading The PARIS Principles

High-Level Dialogue: Building Fiscal Resilience

Thursday, 20 April 2017 This dialogue will focus on how the rapid development of decentralized sustainable low-carbon energy production—and policies that make it feasible—can enhance the investment value of money financial sector leaders, especially finance ministers, are responsible for. Climate disruption is a macro-critical influence that changes all other areas of value exchange, by affecting the shape of the overall economy. Carbon Risk, for instance, encompasses: … Continue reading High-Level Dialogue: Building Fiscal Resilience

Climate Solvency: Human Rights as Drivers of Future Thriving

The following essay is based on an intervention by Joseph Robertson, Global Strategy Director for Citizens’ Climate Education, at the CNDH Maroc Special Event on Human Rights and Climate Change, held on 6 November 2016 at the Hotel Kenzi Farah, in Marrakech.  Climate disruption is a human rights issue. The state of our climate system is a lens through which to read progress on human … Continue reading Climate Solvency: Human Rights as Drivers of Future Thriving

Carbon Pricing Workstream

The Carbon Pricing Workstream was an always-active venue for dialogue, analysis, and outcome-focused policy work relating to carbon pricing, which ran from early 2014 through 2016. In 2015, a core group of volunteers, working through the CPW, helped to establish language defining universal principles for effective, efficient, equitable carbon pricing. Past activities and an online reference designed to give anyone interested in carbon pricing the basic … Continue reading Carbon Pricing Workstream

4 Ways to Accelerate Carbon Pricing

In Marrakech, the work of implementing the Paris Agreement moved forward in important ways. The Carbon Pricing Leadership Coalition and the World Bank are supporting a new High-Level Economic Commission chaired by Lord Nicholas Stern and by Nobel Economics Laureate Joseph Stiglitz. The commission will study critical questions relating to innovation and deployment of optimal carbon pricing solutions, to ensure at least 50% of global emissions … Continue reading 4 Ways to Accelerate Carbon Pricing

Build Capacity, Shift Finance, Prosper Together

MARRAKECH—On Friday, November 4, 2016, the Paris Climate Agreement entered into force. In other words, it became active international law. 196 nations have agreed to work together to transform their economies and end climate change. And, they have made specific commitments—nationally determined contributions or NDCs—to show their collaborative intent and to give guidance to their peers. The COP22 global climate negotiations will open on Monday … Continue reading Build Capacity, Shift Finance, Prosper Together