The International Finance Corporation is rapidly greening its portfolio.This past fiscal year, 36 percent of our own accounts and mobilization supported climate-smart projects — up from 12 percent a decade ago. Since May, we have been applying a carbon price to all project finance investments in the cement, chemicals, and thermal power sectors, at $40-80 per metric ton.
By 2050 Africa will have 830 million young people. Many countries in the global south, India included are seeing a youth(men and women) bulge. To reap a demographic dividend countries in the global south need to share and exchange knowledge to leapfrog socio-economic transformation.
As Ethiopia undergoes a period of unprecedented change and reform, the Global Green Growth Institute
(GGGI) is partnering with the Ethiopian government to try and ensure this vital period of transition includes the country embracing sustainable growth and avoiding the environmental mistakes made by Western nations.
In Africa, over 640 million people – almost double the population of United States – have no access to electricity, with many relying on dirty sources of energy sources for heating, cooking and lighting.While not offering a solution to the electricity gap in Africa, Brian Kakembo Galabuzi, a Ugandan economics student, can offer a cleaner and cheaper solution.
Indonesia is convinced that low carbon development and a green economy are key to further boosting economic growth without sacrificing environmental sustainability and social inclusivity.
In a move to achieve its green growth aspirations by 2050, Rwanda has placed a major focus on promoting project proposals that shift away from "business as usual" and have a significant impact on curbing climate change while attracting private investment.
If there is one lesson that Dominican Reginald Austrie has learnt from the devastation Hurricane Maria brought to his country last September, it is the need for “resilience, resilience, resilience”.And it is not just because he is his country’s minister of agriculture.
Almost every day we hear news about catastrophic flooding or drought somewhere in the world. And many nations and regions are on track for even more extreme water problems within a generation, the latest IPCC report warns.
The release of a groundbreaking report has left the international community reeling over very real, intensified impacts of climate change which will hit home sooner rather than later. So what now?
Recent research at a centre in Guyana shows that some types of butterflies and lizards in the Amazon have been seeking shelter from the heat as Amazonian temperatures rise.
The growing consumption of the ‘rich’ in ‘poor’ countries has been a running theme in the climate change debate for some time now. A large majority of opinion makers in developed countries, especially the US, are convinced that rising consumption of the rich in the developing world is responsible for climate change.
In May the United Nations Secretary General Antonio Guterres announced next year’s summit on climate. This assertion has given the Global Green Growth Institute international momentum, which was reflected in the events of the 73rd session of the United Nations General Assembly (UNGA) in New York City.
In the face of the many challenges posed by climate change, Panos Caribbean, a global network of institutes working to give a voice to poor and marginalised communities, says the Caribbean must raise its voice to demand and support the global temperature target of 1.5 °C.
The Blue Dragon, a small riverfront eatery in Hoi An, Vietnam, serves morsels of local trivia to tourists along with $2 plates of crisp spring rolls and succulent noodles.On its damp-stained walls, the Blue Dragon’s owner, Nam, marks the level of annual floods that submerge this popular UNESCO World Heritage town renowned for its bright-yellow-painted buildings.
Dr Sylvia Earle, an eminent marine biologist and explorer has strong views on how nations needs to work together to save what the United Nations calls the lungs of our planet.
Locals in Kampala, Uganda’s capital, always have two or three things to say in a conversation about how the city is developing. Some say it is filthy because of the growing waste; others say it is a slum because of its unplanned settlements; and then there are those who say it is just plain inconvenient because of the traffic congestion created by the boda boda (motorcycle taxis) and commuter taxis that honk incessantly as they make their way along the streets.
The Green Climate Fund's mandate couldn't be more crucial: accelerating climate action in developing countries by supporting transformational investments in adaptation and emissions reduction.
When the Global Green Growth Institute (GGGI) was founded eight years ago, the general public thought that renewable energies would never replace oil and coal. Today, the tables have turned.
Young people – a growing population segment in developing countries – are intrepid innovators and entrepreneurs who can help solve pressing climate and development challenges today.
The United Nations warned last month that the accelerating impacts of climate change—“already clearly visible today”-- have triggered an unpredictable wave of natural disasters-- including extreme heatwaves, wild fires, storms, and floods during the course of this year.
Caribbean leaders want larger countries to pick up the pace at which they are working to meet the climate change challenge and keep global warming from devastating whole countries, including the most vulnerable ones like those in the Caribbean.