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KENYA’S ADAPTATION COMMUNICATION TO THE UNITED NATIONS FRAMEWORK CONVENTION ON CLIMATE CHANGE
Kenya's 2024 Adaptation Communication details the nation's vulnerability to droughts, floods, and sea level rise, particularly in arid and semi-arid lands (ASALs). It outlines a comprehensive policy framework centered on the National Adaptation Plan (NAP) 2015-2030 and the National Climate Change Action Plan (NCCAP) 2023-2027, prioritizing food security, water management, and disaster risk reduction. The report estimates a financial requirement of USD 44 billion by 2030 to implement priority adaptation actions.
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Document type: Report
Issues, Trends, Tools & Surprises — 2024
The WWF Markets Institute report outlines key surprises from 2023, including the rapid reach of AI and progress on global plastics, while highlighting systemic risks to the food system from climate change. It argues for a shift toward 'true cost' market mechanisms, the adoption of soil microbiology science, and the use of next-generation genetics to replace chemical inputs. The report emphasizes the need for better Scope 3 emissions traceability, the rehabilitation of stranded assets, and the creation of pre-competitive knowledge-sharing platforms to build global food system resilience.
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Document type: Report
A NEW REASON TO BOAST ABOUT YOUR COAST
The document outlines the advantages of kelp cultivation, highlighting its role in carbon sequestration, coastal protection, and the creation of local jobs. It asserts that seaweed farming is compatible with existing commercial fishing and recreational activities while supporting marine biodiversity and fish stocks.
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Document type: Fact sheet
Bonn Climate Change Conference 2023 SB58 Topic Summaries
The document outlines the outcomes of the SB58 conference, noting a failure to agree on a host for the Santiago Network secretariat, ongoing technical discussions regarding carbon markets under Article 6, and the need for increased climate finance for developing nations. It also highlights the push to integrate ocean-based climate action into NDCs and the need for clearer timelines and human rights language in the Action for Climate Empowerment (ACE) framework.
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Document type: Briefing
Consideration of accreditation proposals – Addendum V Re-accreditation assessment of RAPL040
The Green Climate Fund's Accreditation Panel recommends the re-accreditation of the Food and Agriculture Organization of the United Nations (FAO) for a second term, maintaining its scope for medium-sized projects and medium environmental and social risk (Category B). The assessment confirms FAO's strong technical expertise in adaptation, REDD+, and the blue economy, and its ability to implement GCF's gender and environmental and social policies. While generally compliant, the Panel identified a gap in explicit policy statements regarding Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT), making the re-accreditation conditional upon the formal approval of an AML/CFT policy or the inclusion of consistent statements within its prohibited practices policies.
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Document type: Report
Framework for a national nature strategy
The report presents a comprehensive four-component framework—Baseline and Ambition, Initiatives, Instruments, and Governance and Implementation—designed to help countries safeguard and restore natural capital. It details 14 subcomponents, ranging from natural capital assessments and the creation of a national vision to the deployment of regulatory and financial instruments. The framework emphasizes an iterative process, utilizing tools like marginal abatement cost curves for prioritizing initiatives and gap assessments to identify policy voids. It specifically highlights the economic risks of nature loss in Africa, such as the potential for nature-related risks to double expected financing losses in agriculture by 2030, while noting opportunities in the blue economy. The framework was piloted in Ghana with a wide range of government and private sector stakeholders.
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Document type: Report
The African Leaders Nairobi Declaration on Climate Change and Call to Action
The Nairobi Declaration asserts that Africa is disproportionately affected by climate change despite minimal historical responsibility. It calls for the global community to honor the $100 billion annual climate finance promise, operationalize the Loss & Damage fund, and reform the multilateral financial system to reduce the 'great financial divide' in borrowing costs. The declaration commits Africa to green industrialization, increasing renewable energy capacity to 300 GW by 2030, and valuing its natural capital. It specifically requests the re-channeling of $100 billion in Special Drawing Rights (SDRs) to Africa and the reduction of corporate tax losses from profit shifting.
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Document type: Statement
Maintaining momentum for the ocean-climate nexus in 2023
The document examines the evolving integration of ocean issues into the UNFCCC climate process, noting a shift from limited recognition in the Paris Agreement to the establishment of the annual Ocean and Climate Change Dialogue. While 2022 saw significant momentum through the 'Super Year of the Ocean' and the BBNJ agreement, the author argues that COP27 outcomes were overly process-oriented and lacked strong language on finance. For COP28, the brief recommends that African stakeholders leverage regional forums and the African Group of Negotiators to shift the global dialogue from knowledge sharing to concrete implementation, utilizing regional successes like the Great Blue Wall and Seychelles' debt-for-nature swap to advocate for increased finance, capacity building, and technology transfer.
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Document type: Policy brief
Project Preparation Facility
The Caribbean Development Bank (CDB) is seeking GCF Project Preparation Facility (PPF) funding to design the BlueCo Caribbean Umbrella Coordination Programme. This 24-month preparatory phase involves 11 key activities, including baseline assessments, the creation of a Regional Blue Economy Framework, and the design of a Regional Coordination Mechanism. The programme intends to establish a long-term project pipeline to attract sustainable finance for a climate-resilient blue economy across multiple Caribbean SIDS, starting with an initial set of three to four high-impact projects. The request is supported by no-objection letters from several participating countries, including Barbados, Jamaica, and Trinidad and Tobago.
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Document type: Report
ANÁLISE DO MERCADO DE DÍVIDA SUSTENTÁVEL NA AMÉRICA LATINA E CARIBE 2022
The sustainable debt market in Latin America and the Caribbean (LAC) reached a cumulative total of USD 154.1 billion by the end of 2022. While the region represents only 4% of global sustainable debt, these instruments account for approximately 21% of the region's total debt volume from 2019 to 2022. The market is led by Chile, Mexico, and Brazil, with a strong presence of sovereign issuers and development banks. Key trends include the rise of sustainability-linked bonds (SLBs), the emergence of 'blue bonds' for ocean conservation, and the development of national taxonomies in Colombia and Mexico to standardize sustainable investments.
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Document type: Report
Estado del mercado de deuda sostenible en América Latina y el Caribe 2022
The VSS+ debt market in Latin America and the Caribbean (LAC) reached a cumulative total of $154.1 billion by the end of 2022. While the market experienced a volume contraction in 2022 due to global inflation and rising interest rates, it represents approximately 21% of the region's total debt volume from 2019 to 2022. Sustainable bonds are the largest segment (35%), followed by green (28%), social (19%), and sustainability-linked bonds (SLBs) (17%). Chile, Mexico, and Brazil are the primary markets, with Chile being the only country to have issued sovereign bonds across four of the five thematic labels. The report highlights the emergence of 'blue bonds' and nature-debt swaps in the Caribbean and Ecuador, and emphasizes the need for standardized taxonomies and improved reporting transparency to attract further international capital.
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Document type: Report
Latin America and the Caribbean Sustainable Debt State of the Market 2022
The LAC GSS+ bond market reached a cumulative total of USD154.1bn by the end of 2022. While 2022 saw a contraction in volumes, the market remains significant, accounting for an average of 21% of the region's debt. Sustainability bonds are the largest segment (35%), followed by green (28%), social (19%), and sustainability-linked bonds (17%). Chile, Mexico, and Brazil are the primary market drivers, with Chile leading in total volume at USD43.2bn. The report highlights the emergence of sovereign sustainability-linked bonds (SLBs), the potential of the blue economy, and the critical need for adaptation and resilience (A&R) financing. Key barriers include reporting inconsistencies and limited local capital market liquidity. The document recommends the adoption of national taxonomies, enhanced disclosure through platforms like the IDB's Green Bond Transparency Platform, and the use of innovative instruments to mobilize capital for the energy transition.
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Document type: Report
Laborie, Saint Lucia: A Caribbean fishing village navigating the turbulent waves of a changing climate
The village of Laborie, Saint Lucia, faces significant economic and social threats due to climate change, specifically through depleted fish catches, sea-level rise, and intense hurricanes. Fisherfolk have adapted by using fish aggregating devices (FADs) and traveling further offshore, though extreme weather continues to destroy equipment and infrastructure. While the Laborie Fishers’ & Consumers Co-operative provides critical distress funding, a lack of long-term insurance for small vessels remains a vulnerability. National efforts, such as the Fisheries Sectoral Adaptation Strategy and Action Plan (2018-2028), aim to enhance sustainability and support the transition toward a resilient blue economy.
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Document type: Case study
Reforco da Adaptacao Baseada em Ecossistemas em Ambientes Marinhos e Costeiros na Africa Austral
The document advocates for the adoption of ecosystem-based adaptation (EbA) to protect coastal communities in Southern Africa from climate risks such as cyclones and sea-level rise. It identifies key barriers to implementation, including policy silos, insufficient funding, and lack of community inclusion, and proposes the creation of a regional community of practice to share best practices among SADC member states.
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Document type: Policy brief
Strengthening Marine and Coastal EbA in Climate Policies in Southern Africa
The document assesses the state of marine and coastal ecosystem-based adaptation (EbA) in Southern Africa, finding that while there is growing political commitment and various local success stories, marine concerns are frequently overshadowed by terrestrial issues in national climate policies. It identifies significant hurdles to implementation, including capacity gaps, siloed government coordination, insufficient financing, and unequal resource rights. The author recommends establishing enabling bodies to support NDCs, adopting a 'seascape' approach to integrate land-sea interfaces, and scaling innovative financing like blue carbon and debt-for-nature swaps.
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Document type: Research paper
Financing EbA for Marine and Coastal Resources
The document examines the funding gap for marine and coastal ecosystem-based adaptation (EbA), specifically within the SADC region. It analyzes various financing streams—including national budgets, international bilateral and multilateral funds, philanthropy, and private capital—while highlighting the challenges of access to finance due to economic categorizations. The paper emphasizes blended finance solutions, such as blue bonds and debt-for-nature swaps, using the Seychelles as a primary case study, and discusses the emerging potential of blue carbon markets. It concludes that public funding remains the dominant source and recommends that SADC countries integrate EbA into their Nationally Determined Contributions (NDCs) and establish independent trust funds to ensure long-term sustainability.
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Document type: Research paper
Towards a sustainable blue economy in Sweden
The report examines Sweden's maritime sectors—including blue food, offshore energy, tourism, and shipping—and argues for a shift from a sector-based approach to a multifunctional, ecosystem-based model. It identifies significant growth potential in offshore wind and sustainable aquaculture but warns that the current state of marine ecosystems is dire. The document recommends national coordination of marine spatial planning, the adoption of net-zero goals for maritime transport, and the modernization of regulatory frameworks to support circular and fossil-free technologies.
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Document type: Report
BRICS XV: Expectations for South Africa’s 2023 chair
The document examines South Africa's position within BRICS ahead of its 2023 chairship, highlighting the tension between its democratic values and the geopolitics of larger members like Russia and China. It evaluates the success of 'multi-track diplomacy' through institutions like the New Development Bank and the BRICS Vaccine Research and Development Centre, while noting that domestic crises—including energy instability and economic recovery—hinder South Africa's ability to fully leverage the partnership for national growth.
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Document type: Policy brief
Trade-Related Climate Priorities for CARICOM at the World Trade Organization
The document analyzes the extreme vulnerability of CARICOM states to climate change, noting that while the region contributes only 0.33% of global greenhouse gas emissions, its key trade sectors—tourism, agriculture, and the blue economy—face existential threats. It identifies a gap in the region's trade policy, which currently lacks a clear articulation of how to serve climate resilience. The paper suggests that CARICOM can leverage its Nationally Determined Contributions (NDCs) to identify WTO negotiating priorities, such as technology transfer, climate finance, and the removal of trade barriers for environmental goods. It specifically recommends that the WTO recognize the unique vulnerabilities of Small Island Developing States (SIDS) and move beyond a developed-country agenda to support SIDS' offensive interests in carbon markets and the blue economy.
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Document type: Policy brief
ABOVE BOARD: 2022 SUSTAINABLE BANKING 2022 BASELINE ASSESSMENT OF BANKS’ SEAFOOD SECTOR POLICIES
WWF-Singapore's 2022 baseline assessment of 41 banks reveals that while over half recognize E&S risks in the seafood sector, only 20% have disclosed specific sector policies. The average score across 34 sub-indicators was 17%, with European banks showing the most robust policies and Asian and North American banks lagging. The report finds that expectations for wild-catch production are the most developed, while aquaculture and downstream requirements are lacking. WWF recommends that banks align policies with UNEP FI Sustainable Blue Economy Finance Initiative guidance, integrate seafood risks into broader thematic policies, and develop targeted 'blue' financial products.
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Document type: Report