How can we scale up climate action?
Summary
The author emphasizes the need for collective ambition and the implementation of economic drivers, such as carbon pricing and the Green Climate Fund, to finance deep decarbonization and resilience. It highlights the role of the World Bank Group in promoting climate-smart development and land management to prevent deforestation. The text warns that without immediate action, the world faces increasing costs from extreme weather, rising sea levels, and threats to food and water security.
Key insights
- The transition to deep decarbonization and lasting resilience depends on establishing effective economic drivers and financing mechanisms, including a coalition of 74 countries and over 1,000 businesses focused on carbon pricing to encourage sustainable business decisions and develop globally networked carbon markets.
- The World Bank Group and other multilateral development banks aim to direct the Green Climate Fund's initial capitalization of $9.7 billion toward impactful mitigation and adaptation, while working to make climate finance flows more transparent to increase trust.
- To achieve decarbonization by 2100, there must be a shift in how landscapes are managed and how nature and ecosystems are valued, specifically moving from business-as-usual land use to climate-smart development that integrates agriculture and forestry to rein in deforestation.
- Current evidence indicates the world is already 0.8°C above pre-industrial levels, leading to disappearing glaciers and more common extreme weather; failure to act will result in increased heat waves, droughts, rising sea levels, and loss of food and water security.
Cite the original document
- APA
- Kyte, R. (2014). How can we scale up climate action? World Economic Forum. https://www.weforum.org/stories/climate-action/how-can-we-scale-up-climate-action/
- Chicago
- Kyte, Rachel. How can we scale up climate action? World Economic Forum, 2014. https://www.weforum.org/stories/climate-action/how-can-we-scale-up-climate-action/.
- Wikipedia
- {{cite press release |last1=Kyte |first1=Rachel |title=How can we scale up climate action? |publisher=World Economic Forum |date=3 December 2014 |url=https://www.weforum.org/stories/climate-action/how-can-we-scale-up-climate-action/ |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @misc{kyte2014how, author = {Kyte, Rachel}, title = {{How can we scale up climate action?}}, publisher = {World Economic Forum}, year = {2014}, month = dec, url = {https://www.weforum.org/stories/climate-action/how-can-we-scale-up-climate-action/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
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