Posts tagged with 'multilateral development bank (MDB)'
Countries Have Been Overlooking Their Biggest Climate Allies: Local and Regional Governments
Countries Have Been Overlooking Their Biggest Climate Allies: Local and Regional Governments
Cities are home to more than half the world’s population: 4.4 billion people commuting, working, eating, shopping, and using light, heat and air conditioning. As a result, cities collectively produce over 70% of the greenhouse gas (GHG) emissions warming the planet. They ...
Laying the Foundation for Green, Resilient Cities in Latin America
Laying the Foundation for Green, Resilient Cities in Latin America
Amid the vast Amazon River delta, Belém, Brazil, sits at the intersection of the urban and natural worlds. A network of waterways and islands home to resources like açaí and cacao surround the city, serving as a critical port for ...
Local Climate Action at the Forefront: How the UNEA-6 Cities & Regions Summit Elevated Subnational Governments
Local Climate Action at the Forefront: How the UNEA-6 Cities & Regions Summit Elevated Subnational Governments
“What you do in your cities resonates across the world. When you make your cities green and sustainable, you are not just local heroes, you are global heroes.” Those were the inspiring words that Inger Anderson, Director of the UN ...
Next-Generation Climate Targets: A 5-Point Plan for NDCs
Next-Generation Climate Targets: A 5-Point Plan for NDCs
By early 2025, countries are due to unveil new national climate commitments under the Paris Agreement, known as nationally determined contributions (NDCs). These commitments form the foundation of international climate action, establishing emissions-reduction targets and other measures that countries promise ...
Unpacking COP28: Key Outcomes from the Dubai Climate Talks, and What Comes Next
Unpacking COP28: Key Outcomes from the Dubai Climate Talks, and What Comes Next
The COP28 climate talks began with a new fund to address the increasingly severe losses and damage vulnerable countries face from climate impacts and concluded with the first international agreement to tackle climate change’s main driver: fossil fuels. Those bookends to the Dubai summit ...
What Is the 'Global Stocktake' and How Can It Accelerate Climate Action?
What Is the ‘Global Stocktake’ and How Can It Accelerate Climate Action?
This year is a critical moment for climate action. The mounting impacts of climate change, from floods and droughts to hurricanes and heat waves, are taking a major toll on human lives and economies globally — particularly in vulnerable developing nations ...
What Is the 'Global Stocktake' and How Can It Accelerate Climate Action?
What Is the ‘Global Stocktake’ and How Can It Accelerate Climate Action?
This year is a critical moment for climate action. The mounting impacts of climate change, from floods and droughts to hurricanes and heat waves, are taking a major toll on human lives and economies globally — particularly in vulnerable developing nations ...
4 Environment and Development Stories to Watch in 2023
4 Environment and Development Stories to Watch in 2023
What will 2023 hold for the environment and development? The end of 2022 certainly left us in an interesting — and concerning — place. The world’s three-year-old pandemic proved it was far from over, sickening millions and affecting economies. Global ...
Invest in Walking and Cycling For Sustainable, Safe Cities. Here’s How.
Invest in Walking and Cycling For Sustainable, Safe Cities. Here’s How.
Traditional, car-centric transport planning has not only increased greenhouse gas emissions, but has also detrimentally impacted air quality, road injuries and fatalities, and traffic congestion. As the world faces the climate crisis and continues to face a growing global road ...
A Fairer and More Sustainable Post-COVID World in Latin America
A Fairer and More Sustainable Post-COVID World in Latin America
The large cities in the Latin American region all have one thing in common: the opportunities for employment and income are concentrated in a few districts while, more and more, sprawling housing zones are located on the outskirts of cities ...
Peru recently received an $11 million grant from the NAMA facility that will help the country attract significant funding for its multi-billion dollar sustainable urban transport improvement plans. Photo by Anton Muhajir/Flickr.
Peru’s climate leaders awarded over $11 million for low-carbon urban transport
Peru was recently awarded €9 million ($11.14 million) for its urban transport Nationally Appropriate Mitigation Actions (NAMA) by the German and British NAMA facility. This climate finance award will allow the Peruvian government to leverage $50 million from development aid agencies – especially KfW, ...
Leaders at COP20 can explore a range of sources for financing low-carbon urban development including multilateral investment banks, private investors, and innovative initatives like the Nationally Appropriate Mitigation Actions or climate-themed bonds. Photo by Boris G/Flickr.
Three promising pathways to finance sustainable cities
Sustainable, accessible, thriving cities are within our reach. Investing in solutions like energy and building efficiency, integrated public transit and better land use and transit planning can improve health, quality of life and economic opportunities in cities. In fact, the ...
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