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In 2020, China's green bond market saw a 21% decrease in total issuance to 289.5 billion RMB, partly due to the COVID-19 pandemic and the rise of pandemic-related bonds. Despite the decline, the market showed progress in aligning domestic standards with international ones, notably through the 2020 draft Green Bond Endorsed Project Catalogue which removed clean coal projects. Non-financial enterprises and government-supported institutions showed strong growth, while financial enterprise issuance declined. A significant gap remains between domestic and Climate Bonds Initiative (CBI) definitions, primarily because some domestic bonds allow funds to be used for general corporate operating capital. The report also highlights a massive stock of unlabelled climate-related bonds, totaling 325 billion USD, primarily in the transport sector, presenting a major opportunity for future green labelling and refinancing.

The report analyzes 75 green bonds totaling USD 75.9bn issued in H1 2021, finding that green bonds generally achieved higher book cover and greater spread compression than vanilla equivalents. It highlights a significant increase in allocations to green investors, reaching 66%, and provides evidence of a 'greenium' for 26 out of 33 non-sovereign bonds. Additionally, the report examines sovereign green bond issuance and concludes that green labels can enhance secondary market liquidity, particularly in the EUR utility sector.

The ACT Fund is a mid-market greenfield infrastructure fund designed to overcome investment barriers in West Africa by combining technical assistance, equity, and subordinated debt. It utilizes a 'blended currency mechanism' to reduce financing friction during early project stages and provides structured exit solutions for international equity by refinancing projects with local-currency senior debt once they are operational. The fund targets an initial capitalization of USD 150 million for equity and USD 100 million for subordinated debt, with a primary focus on renewable energy before expanding into urban mobility, water, and waste systems.

The report examines the environmental platforms of seven political parties and one electoral alliance for the 2021 Estonian local elections. It finds a significant increase in the volume and specificity of environmental promises compared to 2017, with a shift in focus toward climate, energy, and mobility. In Tallinn, mobility dominated the discourse, while Tartu platforms emphasized nature and parks. The analysis highlights that Eestimaa Rohelised (Greens) provided the most comprehensive environmental programs across all levels, while EKRE's platforms were the most modest and occasionally opposed the 'green transition'. The document also assesses the alignment of these promises with the UN SDGs and the criteria for Tallinn's bid as a European Green Capital.

The paper surveys 29 long-term climate strategies (LTSs) submitted to the UNFCCC, representing 42 countries and 28% of global emissions. It finds a growing trend toward net-zero targets, an increasing focus on the fundamental economic and societal shifts required for transition, and a reliance on both natural and technological carbon removals. The analysis highlights that while most strategies include midcentury goals and modeling, the level of detail regarding adaptation and just transition varies, and some parties acknowledge gaps between their most ambitious scenarios and their final targets.

The policy brief proposes that Indonesia adopt a coal tax of IDR 78,700 (USD 5.50) per tonne, similar to India's model, to address the fact that coal accounts for 40% of the country's energy-related emissions. Such a tax would generate approximately IDR 49 trillion (USD 3.6 billion) annually, which could fund clean energy investments and support vulnerable households and coal workers. The author emphasizes that this is a simpler, faster alternative to complex carbon pricing systems and would help mitigate the 7,480 premature deaths caused annually by air pollution from coal-fired power stations.

The study evaluates seven LULC products—CORINE, S2GLC, LUCAS, a LUCAS-based Landsat map, SIOSE, SIGPAC, and a custom Landsat/CORINE map—for the El Mijares watershed. It finds that no single product provides all necessary LULC details, with raster maps showing only 45.5% overall spatial consistency. While CORINE offers the longest time-series, the authors suggest that extending a Landsat/CORINE approach to the full Landsat series is the most suitable for long-term watershed analysis.

The guide outlines a framework for implementing financial guarantees in Argentina to prevent abandoned mines and protect the state from closure costs. It details the life cycle of a mine, cost estimation methods, and various financial instruments—such as letters of credit, surety bonds, and trust funds—while comparing regional practices from Chile and Peru. The document recommends a phased approach to guarantee constitution, starting at 10% of total closure costs during construction and reaching 100% within 15 years of operation, and suggests a specific threshold of 5,000 tonnes of monthly extraction for mandatory compliance.

The report examines the mechanisms used to ensure mining companies provide sufficient funds for environmental rehabilitation if they fail to meet closure obligations. It details various financial instruments, cost estimation methodologies, and policy requirements from leading jurisdictions including Australia, Canada, Germany, South Africa, and the United States.

The briefing proposes a coal tax for Indonesia to address the environmental and health costs of coal, which accounts for 40% of the energy sector's carbon emissions. Drawing on India's experience with a coal 'cess', the authors suggest a tax of IDR 78,700 (USD 5.50) per tonne, which could generate IDR 49 trillion (USD 3.6 billion) annually. This revenue could fund a just transition, compensate vulnerable households for rising electricity prices, and incentivize clean energy investment. The document notes that while Indonesia is considering an emissions trading scheme (ETS) and a carbon tax, these take longer to implement, making a targeted coal tax a more immediate and administratively simpler solution.

The study evaluates six electricity generation scenarios for Kenya (2010-2040), finding that the 'Full Renewables' (FRE) and 'UN Agenda 2030 SDGs' (SDGs 2) scenarios offer the highest greenhouse gas abatement and lowest health impacts at the lowest costs. Under the SDGs and AU scenarios, GHG emissions are projected to be 99.7% and 97.6% lower, respectively, than the Vision 2030+Least Cost Power Development Plan (VLCPDP).

The paper examines the political agency of 'farmer mayors' in the Brazilian Amazon before and after the 2004 implementation of the PPCDAm. Using a regression discontinuity design, the authors find that prior to the policy, municipalities governed by farmers had significantly higher deforestation rates, CO2e emissions, and land-related conflicts. After the PPCDAm's introduction of real-time satellite monitoring (DETER), these effects largely disappeared, suggesting that tighter enforcement reduced the electoral and personal returns of promoting deforestation.

The document compares natural gas-based hydrogen production methods, finding that ATR with carbon capture and storage (CCS) can achieve significantly higher carbon reduction rates (96-98%) than standard SMR (50-65%), though it requires more power for oxygen production. It estimates the cost of ATR-produced hydrogen at approximately $1.38/kg based on a US Gulf Coast scenario.

The research evaluates 29 industry transition road maps from 13 countries, comparing decarbonization targets, financial costs, and mitigation measures. It concludes that similar challenges across different industries and nations necessitate greater international cooperation to achieve a global transition to climate-neutral heavy industry.

The report analyzes 12 adaptation policy instruments from 11 countries to inform Canada's development of its first national adaptation strategy. It identifies global trends, such as increasing legislative backing and iterative planning, and proposes 13 considerations for Canada across four areas: the development process, federal action mobilization, implementation, and global leadership.

The report finds a significant lack of a level playing field in the EU, with 13 Member States still relying on entirely paper-based processes for verifying catch certificates (CCs). While some states have developed national IT tools, these cannot detect the 'overuse' of CCs across different EU entry points. The European Commission's CATCH system is designed to provide a centralised EU-wide database to prevent fraud and harmonise risk analysis, but as of June 2021, no Member State was actively operating the first version due to a lack of legal requirements and data input from third countries. The report recommends that the Commission make CATCH mandatory, improve its interoperability with national systems, and develop tools to monitor trade flow variations to identify potential IUU fishing loopholes.

The analysis reveals that environmental studies for federal land infrastructure in the Legal Amazon prioritize socio-economic and physical factors over the biotic environment. It finds a lack of coordination between EVTEAs and EIAs, with only 30% of EIA components appearing in EVTEAs, and notes that studies frequently fail to comply with their own terms of reference (TRs) or sectoral manuals. The brief recommends incorporating international guidelines into TRs and making EVTEAs mandatory before EIAs to improve project viability and environmental protection.

The document contends that Africa's historical 'jobless growth' is due to a dependence on primary commodities and a lack of structural transformation. It proposes a shift from 'stabilization' to 'transformation' by coordinating fiscal and monetary policies with sectoral and labour market interventions. Key recommendations include increasing public investment in the care economy and infrastructure, implementing expenditure-switching methods to reduce import reliance, adopting progressive taxation, and establishing national minimum wages to boost domestic demand and productivity.

The report outlines a framework for Canada's first National Adaptation Strategy (NAS), drawing on a review of 12 policy instruments from 11 countries. It identifies a global trend where adaptation planning is increasing and regularly updated, but implementation and monitoring and evaluation (M&E) remain weak. For Canada, the authors recommend establishing clear institutional arrangements, a unified climate risk assessment approach, and a robust M&E system. The report emphasizes the need for deep engagement with Indigenous Peoples to advance reconciliation and the integration of gender equality and social inclusion through Gender-Based Analysis Plus (GBA+). It also suggests bridging the gap between climate adaptation and disaster risk reduction (DRR) and elevating nature-based solutions.

The document examines the disparity in green finance between developed and developing nations, noting that while the EU and other developed markets have integrated substantial green recovery measures into their COVID-19 stimulus packages, developing countries often lack explicit green budgets and remain heavily dependent on North-South financial flows. It highlights challenges in the global South, including infrastructure deficits, governance issues, and a 'dependency syndrome' regarding international aid. The brief recommends institutional reforms to enhance capital markets, increased South-South cooperation, and globally coordinated efforts to improve the design and monitoring of green projects.