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Promise, peril of decarbonisation
News, Erik Berglöf, Published on 09/10/2023
» To limit global warming to 1.5 degrees Celsius, it is crucial to decarbonise the entire world. But pressuring emerging economies to reach net-zero emissions too quickly could lead to an explosion of dollar-denominated debt and financial volatility across the developing world. Integrating these countries into the decarbonisation effort requires a more nuanced strategy.
Transform development finance
News, Mia Mottley & Werner Hoyer, Published on 27/06/2023
» In a world beset by rising temperatures, extreme weather patterns, and escalating natural disasters, the urgency of decisive action on climate change and the threat of future pandemics has never been more apparent. Both threats will affect us all. But the countries between the Tropics of Cancer and Capricorn -- including the Caribbean and Pacific states, and parts of Latin America, Africa, and Asia where another 40% of the global population lives -- are currently experiencing loss and damage four times greater than elsewhere.
Asia must seize energy opportunity
News, Kevin Rudd & Ban Ki-moon, Published on 21/11/2022
» A year ago, following US President Joe Biden's election win, multilateralism once again became the beating heart of global climate action. G20 leaders agreed to more ambitious near-term climate targets en route to achieving net-zero emissions by mid-century, and they committed to ending inefficient fossil-fuel subsidies and cooperating on clean energy deployment to phase out coal more quickly.