The Paris Agreement sets out the ambitious task of aligning all financial flows with its goals to avoid the worst impacts of warming. Multilateral Development Banks (MDBs) have an important role to play in making this goal a reality. Their development mandates, technical expertise, and track record on climate finance mean that MDBs can lead the way by helping developing countries avoid fossil fuel-intensive development pathways, by developing the necessary standards and investment criteria to assess the alignment of investments with the Paris Agreement’s goals, and by helping to mobilise increased volumes of climate finance.
The outcome of the World Climate Conference (COP25) in Madrid, held 2 to 15 December 2019, clearly shows the strengths and weaknesses of the Paris Agreement. It shows that the days of cosmetic climate policy are over, but also that the coordinated resistance of the brakemen is growing as a result.
The Climate Change Performance Index (CCPI) presented today at the climate summit in Madrid reflects opposing trends in global climate action: Australia, Saudi Arabia and especially the USA give cause for great concern with their low to very low performance in emissions and renewable energy development as well as climate policy. With these three governments massively influenced by the coal and oil lobby, there are hardly any signs of serious climate policy in sight. On the other hand, global coal consumption is falling and the boom in renewable energy continues. In 31 of the 57 high emitting countries assessed, collectively responsible for 90 percent of emissions, falling emission trends are recorded.
Published annually since 2005, the Climate Change Performance Index (CCPI) is an independent monitoring tool for tracking the climate protection performance of 57 countries and the EU. It aims to enhance transparency in international climate politics and enables comparison of climate protection efforts and progress made by individual countries.
This brochure explains the background and methodology of the Climate Change Performance Index. compares 57 countries and the EU in the areas of Greenhouse Gas Emissions, Renewable Energies, Energy Use and Climate Policy, thus providing a comprehensive overview of the current efforts and progress of the countries analysed. Besides, it measures how well countries are on track to meet the global goals of the Paris Agreement by evaluating the current status and future targets of each category with reference to a well-below 2°C pathway.
Severe heat waves, drought and flooding: Extreme weather events are massive challenges especially for poor and vulnerable countries - but also high-income countries are threatened more and more by climate risks. The Global Climate Risk Index, published today by the environmental think tank Germanwatch, shows that in 2018 industrialized countries like Japan and Germany were hit hardest by heat waves and severe drought. The Philippines were hit by the most powerful typhoon recorded worldwide in 2018.
The Global Climate Risk Index 2020 analyses to what extent countries and regions have been affected by impacts of weather-related loss events (storms, floods, heat waves etc.). The most recent data available — for 2018 and from 1999 to 2018 — were taken into account. The countries and territories affected most in 2018 were Japan, the Philippines as well as Germany. For the period from 1999 to 2018 Puerto Rico, Myanmar and Haiti rank highest.
This paper emphasizes the urgency for tangible action in dealing with Loss&Damage (L&D) and highlights, that in 2019 we still face a lack of adequate action and support for L&D under the UNFCCC. Seven technical and political challenges with regard to climate finance for L&D are identified. The paper shows that where international climate diplomacy doesn’t ad-vance fast enough to support the already affected people, they start to take the legal avenue to address the problem of L&D.
In this paper young Arab authors from the MENA region (Middle East/North Africa) outline their vision for the future development of the energy sector in their countries. The energy sector is the world’s largest source of greenhouse gas emissions. However, as technologies rapidly improve and prices drop, many renewable energy options have emerged. The MENA region possesses large natural potential for solar and wind energy. Moreover, the region has another important resource: its youth. In order to achieve a successful energy transition, all countries need agents of change, who bring along innovation and motivation – exactly what young people can achieve.
Under the motto "Time to act", the 25th Conference of the Parties (COP25) to the United Nations Framework Convention on Climate Change (UNFCCC) will take place from 2 to 13 December 2019 in Madrid, Spain, under Chile's presidency. After all, it is finally time for action in the logic of the UN negotiations. Following the decisions of the Paris Climate Agreement in 2015 and its implementation rules last year, nothing stands in the way of decisive action.