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In 2010-11, the Government of India spent over US$ 9 billion on fuel subsidies for diesel, kerosene, LPG, and gasoline, while national oil companies faced over US$ 8 billion in under-recoveries. The government aims to reduce total subsidy expenditure to 2% of GDP in 2012-13 and 1.75% in subsequent years, though reforms are complicated by potential economic disruptions in transport, industry, and agriculture, and the impact on poor citizens. To address this, the Global Subsidies Initiative and partners have evaluated the phase-out of diesel, LPG, and PDS kerosene subsidies and the use of cash-transfer schemes.

The Union of Concerned Scientists evaluated how California's 10 largest publicly owned utilities (POUs) performed against the 20 percent by 2010 Renewables Portfolio Standard (RPS). While collective RPS-eligible investments rose from 4.1 percent in 2003 to 18.8 percent in 2010, the report found significant variance in utility performance. Three utilities—Silicon Valley Power, Turlock Irrigation District, and Modesto Irrigation District—were categorized as "sprinting ahead," while others were labeled as "on the right track" or a "false start." The analysis highlights that reliance on short-term contracts fails to provide financial security for developers and does not effectively promote new clean energy facilities. To meet the strengthened 33 percent by 2020 requirement, the report recommends that POUs prioritize long-term contracts and direct ownership of projects to reduce fossil fuel reliance and stabilize prices.

The report analyzes how California's 10 largest publicly owned utilities (POUs) met the 2010 RPS goal of 20 percent renewables. While collective RPS-eligible investments rose from 4.1 percent in 2003 to 18.8 percent in 2010, the quality of these investments varied. The authors emphasize that long-term contracts for new facilities are the most effective way to drive new clean energy development and stabilize rates. The report categorizes POUs into three groups: those 'sprinting ahead' (e.g., Silicon Valley Power), those 'on the right track' (e.g., LADWP), and those with a 'false start' (e.g., Imperial Irrigation District). It concludes with recommendations for the California Energy Commission (CEC) and POUs to prioritize long-term investments and improve reporting to meet the 33 percent RPS by 2020.

The authors introduce a method for evaluating Sustainable Development – Policies and Measures (SD-PAMs), which are policy instruments designed to achieve sustainable development with climate benefits as side effects. The proposed approach involves reconstructing intervention theories to identify leverage mechanisms and implementation assumptions, while using value chains to determine the targeted aspects of socio-technical systems. The text notes that SD-PAMs incentivized by carbon credits require an institutional framework that is too intricate to be effective compared to those focused on funding or technology transfer.

The report assesses MRV systems in four major emitting countries, finding that while emissions tracking is generally sophisticated and transparent due to international frameworks like the UNFCCC, tracking the specific impacts of mitigation actions remains inconsistent and less reliable. It highlights a gap in the ability of policymakers to identify the most cost-effective policies, as MRV systems often track policy outputs rather than actual emissions outcomes. The analysis provides country-specific evaluations and identifies good practices, such as the U.S. facility-level data portal and China's annual progress reports.

The Walney Offshore Windfarms project, the world's largest installed offshore windfarm at the start of 2012, overcame significant investment barriers through a dual approach. First, the UK government provided a robust policy framework centered on green tradable certificates (ROCs), which provided approximately 60% of expected project revenues. Second, the developer, DONG Energy, employed extensive financial engineering to 'de-risk' the investment for non-utility investors, such as the Dutch pension fund PGGM and Ampère Equity Fund. By using Power Purchase Agreements (PPAs), construction management agreements, and vendor financing, DONG Energy reallocated construction, operation, and price risks away from these institutional investors, effectively transforming their equity stakes into quasi-fixed income positions. The project attracted GBP 1.3 billion in private investment and is projected to avoid 8.3 MtCO2 and 193,000 tons of SO2 over its lifetime.

The policy paper advocates for a human rights-based approach to climate finance, emphasizing that mitigation and adaptation measures must not violate human rights. It evaluates existing mechanisms—the Global Environment Facility (GEF), REDD+, and the Clean Development Mechanism (CDM)—finding that while some integrate social safeguards, others lack transparency and accountability. The authors propose a comprehensive institutional safeguard system for the Green Climate Fund (GCF), including mandatory social and environmental policies, independent monitoring, and a robust grievance mechanism based on international standards.

The report assesses climate change adaptation preparedness in southern Africa to support requests for finance and fund administration. Focusing on Zimbabwe, it finds that the country lacks a specific climate change policy, relying instead on fragmented sectoral policies across environment, water, agriculture, and disaster management, highlighting a need for mainstreaming and harmonisation.

The report argues that maritime piracy off the coast of Somalia imposes significant economic costs on Kenya, including shipping surcharges and losses in tourism, while also facilitating money laundering within the country. It assesses previous counter-piracy efforts, noting that while Kenya has attempted to prosecute pirates, these efforts were hampered by jurisdictional conflicts and archaic evidentiary laws. The author recommends a multi-pronged strategy that combines sea-based naval patrols with land-based efforts to rebuild the Somali state and disrupt the financial networks of pirate bosses operating within Kenya.

The Adaptation Fund lacks a formal, transparent methodology for defining and measuring 'particular vulnerability,' leading to an ad hoc allocation process. An analysis of 48 proposals (25 approved) shows that funding has reached a wide range of socio-economic conditions and HDI levels, with no clear pattern correlating approvals to national vulnerability indices. While the fund prioritizes concrete adaptation measures in agriculture and water, the absence of standardized vulnerability criteria undermines the ability to systematically compare project merits or ensure that the most vulnerable populations are prioritized.

China is transitioning from top-down command-and-control energy policies to market-based instruments, aiming for a national carbon trading system by 2016. While the country has been a global leader in the Clean Development Mechanism (CDM), its domestic market remains in a research-and-development stage. Current efforts focus on seven regional pilots and potential sector-based schemes for power and buildings. Significant hurdles remain, including the lack of reliable baseline emission data, the absence of a mature free-market economy, and the need for a legal infrastructure to manage permit allocation and verification.

The report assesses China's ambition to launch a national carbon trading system by 2015, noting that while the government is determined to move away from inefficient top-down administrative measures, a functional domestic market does not yet exist beyond the Clean Development Mechanism (CDM). It highlights the initiation of seven regional pilots (Beijing, Chongqing, Guangdong, Hunan, Shanghai, Shenzhen, and Tianjin) as critical experiments that will determine the future of Chinese climate policy. The authors identify significant hurdles, including a lack of reliable emission data, the absence of a mature free-market economy, and the need for robust legal frameworks for monitoring, reporting, and verification (MRV).

The document analyzes the risks associated with hydropower projects under the Clean Development Mechanism (CDM), noting that hydropower represents 30% of all registered CDM carbon offset projects as of September 2011. It argues that without effective criteria for additionality and sustainability, the CDM risks issuing credits for 'business-as-usual' projects and shifting mitigation costs to poor communities in the South. The study specifically focuses on China and India, which together hold 78% of registered hydropower CDM projects, as well as Least Developed Countries (LDCs) and the EU's application of World Commission on Dams (WCD) guidelines for projects selling credits into the European Emissions Trading Scheme.

The report argues that the Levy and Vogtle nuclear projects carry significant financial risks for ratepayers and taxpayers due to potential cost escalations and delays. It finds that both Florida and Georgia could meet their projected energy demand growth more cost-effectively through aggressive energy efficiency targets and the development of renewable energy resources, which are presented as lower-risk and lower-cost alternatives to the Westinghouse AP1000 reactor design.

The report finds that while Lesotho has established necessary legal and policy frameworks, actual implementation of APRM recommendations is weak and lacks direct linkage to the APRM process. The country received an overall 'orange minus' rating, indicating some progress but significant gaps in execution and 'branding' of initiatives as APRM-related.

The document examines the role of services in SADC economies, noting that while the sector is a primary driver of GDP and employment, it is often characterized by inefficiency and high costs. It compares two primary regulatory frameworks: the EU-SADC EPA, which is described as more ambitious and driven by EU interests, and the SADC Protocol on Trade in Services, which is viewed as less ambitious and unlikely to push member states beyond existing WTO commitments. The authors argue that external agreements may provide the necessary stimulus for domestic regulatory reform where political or capacity constraints hinder unilateral action.

The document examines the EU Renewable Energy Directive's biofuels components, finding that the design of sustainability criteria prioritizes internal EU market and technology goals over global energy markets and international development objectives.

The study finds that while awareness of EPCs is high, they play a limited role in German home purchasing decisions due to low availability, a lack of trust, and a failure to provide the financial information purchasers value most.

The report analyzes the gap between Germany's current building renovation rates and its goal to reduce primary energy demand by 80% by 2050. Based on a survey of 2,000 households, it identifies barriers across three phases of the renovation process: initial awareness, planning and decision-making, and technical implementation. It argues that while financial incentives from the KfW and tax benefits are crucial, they must be coupled with better information tools, such as detailed heating bills, and improved professional certification for craftsmen to ensure high-quality, comprehensive renovations rather than isolated single measures.

The report analyzes the effectiveness of tax credits and accelerated depreciation in promoting thermal retrofits, noting that while such schemes see high utilization, they often fail to trigger comprehensive deep retrofits. In contrast, Germany's KfW program achieves a higher rate of comprehensive retrofits by offering significantly higher support for deep measures and requiring certified expert oversight. The authors suggest that simple application processes and policy certainty are critical for investor confidence, particularly for high-cost comprehensive projects.