While growth in the green economy looks promising, government regulation and a business-as-usual approach are among the hurdles inhibiting cleaner energy production.
Although their contribution to global warming is negligible, Caribbean nations are bearing the brunt of its impact. Climate phenomena are so devastating that countries are beginning to prepare not so much to adapt to the new reality, but to get their economies back on their feet periodically.
The Global Green Growth Institute (GGGI) presented the African model of a National Financing Vehicle in which the governments of Rwanda and Ethiopia have successfully promoted green growth and climate resilience, at an event May 25 on the sidelines of the annual meetings of the Board of Governors of the African Development Bank (AfDB) in Busan, South Korea.
At the start of 2017, the Caribbean Drought and Precipitation Monitoring Network (CDPN) warned eastern Caribbean countries that they were facing “abnormal climate conditions” and possibly another full-blown drought.
The Caribbean Community Climate Change Centre (CCCCC) also known as the 5Cs, is looking for ways to boost the region’s access to the Green Climate Fund (GCF).
With India’s citizens clamouring for breathable air and efficient energy options, the country’s planners are more receptive than ever to explore sustainable development options, says Frank Rijsberman, Director-General of the Global Green Growth Institute (GGGI).
A leading climate change mitigation and adaptation activist and former climate negotiator in the Caribbean says that the United States could protect its economic and political interest by helping the region to go green.
From tourism-dependent nations like Barbados to those rich with natural resources like Guyana, climate change poses one of the biggest challenges for the countries of the Caribbean.
When Tropical Storm Erika hit the tiny Caribbean island of Dominica on Aug. 27, 2015, it killed more than two dozen people, left nearly 600 homeless and wreaked damages totaling more than a billion dollars.
Though highly hopeful about achieving the U.N.’s Sustainable Development Goals (SDGs) well ahead of the 2030 deadline, Bangladesh is upset over the procedures to access the Green Climate Fund, calling them ‘ridiculously complex’ and warning that they may slow down its drive to achieve the SDGs.
Chilean President Michelle Bachelet says the climate summit in Paris “is not the end of a process but a beginning,” and that it will produce “an agreement that, although insufficient with respect to the original goal, shows that people believe it is better to move ahead than to stand still.”
Civil society representatives attending the board meeting of the Green Climate Fund (GCF) in Songdo, South Korea expressed strong disappointment Thursday with the board's decision to accredit Deutsche Bank - one of the world’s largest financiers of coal - to receive and distribute GCF funds.
The cost of inaction is high when it comes to climate change and, so far, countries’ commitments to reduce greenhouse gas (GHG) emissions are not enough, says Michel Jarraud, Secretary-General of the World Meteorological Organisation (WMO).
The most devastating impact of climate change – including rising sea levels, floods, cyclones and both droughts and heavy monsoons – will be felt mostly by the world’s poorest nations.
With less than six months to go before the next full United Nations Conference of the Parties also known as COP 21 – widely regarded as a make-or-break moment for an agreement on global action on climate change – Caribbean nations are still hammering out the best approach to the talks.
After a difficult infancy, the Green Climate Fund is finally getting some legs. The big question now is what direction it will toddle off in.
By the time leaders of the international community sit down in Paris later this year to discuss climate change, at least two Caribbean leaders are hoping that France can demonstrate its commitment to assisting their adaptation efforts by re-joining the Barbados-based Caribbean Development Bank (CDB).
As Pacific Islanders contemplate the scale of devastation wrought by Cyclone Pam this month across four Pacific Island states, including Vanuatu, leaders in the region are calling with renewed urgency for global action on climate finance, which they say is vital for building climate resilience and arresting development losses.
World governments gathered in Lima, Peru for the latest round of U.N. climate negotiations should have finance on their mind.
At the 12-day climate summit that began Monday in the Peruvian capital, representatives of 195 countries and hundreds of members of civil society are trying to agree on the key points of a new international treaty aimed at curbing global warming.
It’s one of the oldest tricks in politics: Talk down expectations to the point that you can meet them.