The inevitable carbon taxes in an evolving clean-energy future are what spooks investors and those accountable to them most. Fossil fuel companies' stubborn refusal to surrender their outdated business models ignores the fact that carbon pricing isn't just imminent, but is likely to work.
When the rains came to Senegal's capital and largest city, Dakar, in 2009, the people in Cite de Soleil were up to their chests in water. Looking forward, the climate models suggest that this will only get worse.
We saw the year 2015 close with a cheer as nearly 200 countries adopted the landmark Paris Agreement during the COP21 climate negotiations. Now in the New Year, we find ourselves back in the real economy and wonder how we can mobilize the trillions of investments needed to implement it.
Consumer giants like Unilever and Marks & Spencer have promised to source materials from states and regions that slash deforestation, but slowing deforestation requires buy-in at every level of society.
COP21, the next UN climate summit in Paris, is only a few months away. Therefore, we have decided to roll out our big crystal ball and present you our 10 key outcomes you should (and should not) expect from Paris.
Hundreds of millions of dollars in climate finance have been pledged to helping indigenous people manage their territories, but all of that money now flows through intermediaries. Here's how the Amazon's largest federation of indigenous organizations aims to change that.
I am optimistic that we can still get on course for a 2°C future. It won't be easy, but the discussions last week in Paris provide many reasons to believe this transformation is underway -- and gaining steam.
The People's Climate March will hopefully set some official pants on fire and speed up the capitalization of the new fund. At the same time, we need to be vigilant that the powers that be don't abuse the GCF as honey pots from which they can fund business-as-usual or outright destructive projects.
In the largest and most international declaration ever published by environmentalists, 160 leaders from 46 countries have called on the world's foundations and philanthropists to use investments worth hundreds billions of dollars to turn the tide on global warming.
As UN climate talks kick off in Poland this week, arguments about money are likely to take center stage. But this year's twist to a familiar tale is a strategic shift by rich countries to a more fundamental, and troublesome, debate about what even counts as "climate finance."
These design aspects of the GCF are crucial, and the Board must get them right in order to ensure that the GCF benefits the world's most vulnerable in a sustainable and inclusive manner. But a larger question looms over the whole affair. Where is the money?
Today, 60 leading environmental, conservation, development and faith-based organizations urged Secretary Kerry to emphasize the severity of the threat of climate change and spur bold and immediate action.
Although China and Japan are deeply connected trading partners, the Asian giants sit on opposite sides of the climate debate. In spite of their differences, the two countries have a history of climate cooperation.