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The report argues that while the quantity of climate finance is widely tracked, its quality—defined as the degree to which it induces structural shifts toward low-emission, climate-resilient, and equitable economies—remains under-analyzed and non-standardized. It introduces a three-level analytical framework (project, market, and system) to move beyond one-off interventions toward 'transformational climate finance.' The study identifies ten dimensions for assessing transformational potential, including affordability, equity and justice, and programmatic approaches. It also reviews existing measurement tools used by institutions like the IFC, GCF, and UK ICF, noting a convergence in project-level tracking but significant fragmentation in market and system-level assessments.

Carbon Market Watch critiques the EU Innovation Fund for disproportionately funding carbon capture and storage (CCS) and carbon capture and utilisation (CCU), particularly in the cement and lime sector. The organization argues that the fund should prioritize technologies that encourage material savings and explicitly include material saving as a mandatory assessment criterion for projects.

The report examines four scenarios for extending the EU ETS aviation scope beyond intra-EEA flights, potentially increasing revenues up to 1,160 billion € by 2040. It argues that including non-CO2 effects and private jets would significantly boost funding for sustainable aviation fuels (SAF), rail infrastructure (TEN-T), and international climate finance (NCQG).

The report evaluates the Article 6 carbon market rules finalized at COP29. It finds that Article 6.2 provides a weak, decentralized framework with significant loopholes in additionality, permanence, and accountability. Article 6.4 is rated more robust due to its centralized Supervisory Body and structured transparency, though it still lacks sufficient safeguards for land rights and permanence. The author argues that the current framework is not robust enough to ensure high-quality carbon credits and warns developed countries against using these markets to meet their NDCs.

The document explains that human activities, primarily the burning of fossil fuels, have increased average global temperatures by approximately one degree Celsius since 1880. It details the resulting impacts, including more frequent extreme weather, rising sea levels, and ocean acidification. The text outlines strategies for addressing these challenges through climate mitigation, adaptation, and resilience, while describing the roles of the U.S. government, corporations, and the United Nations in implementing these solutions.

The document explains that global warming, driven primarily by human-caused greenhouse gas emissions from fossil fuels and agriculture, has increased average global temperatures by approximately 1 degree Celsius since 1880. It details the resulting impacts, including more frequent extreme weather events, rising sea levels, and ocean acidification. The text outlines various responses, such as the transition to renewable energy, energy efficiency, and the roles of the United Nations and the U.S. government in international agreements like the Paris Agreement. It also defines key concepts such as climate adaptation, mitigation, and resilience, and discusses the role of climate finance in supporting these efforts.

The Global Resilience Partnership (GRP) Indicator Guidance 2024-2029 establishes a standardized monitoring and evaluation framework for its grantees and partners. The framework is structured around four core indicators (CORE1-4) and three thematic work areas: Innovation (INN1-6), Knowledge (KNO1-3), and Policy (POL1-3). Core indicators track people supported, investments mobilised, people more resilient, and organisations supported. The guidance specifies mandatory reporting requirements, data calculation methods, and disaggregation standards, particularly for sex, age, and disability. It defines 'resilience' as the ability to persist in crises, adapt to risks, and transform positively. The document also aligns these metrics with USAID and UK ICF indicators to ensure international reporting compatibility.

The policy brief examines the barriers to phasing out oil and gas within G20 nations, noting that while renewable capacity has grown, fossil fuel subsidies and deep industrial integration persist. It advocates for measurable phase-out targets, subsidy reform, and increased concessional financing for the Global South to ensure a just energy transition.

The document examines the intersection of climate change, gender, and food systems in southern Africa, arguing that climate shocks intensify the burden of unpaid care work disproportionately borne by rural and working-class women. It critiques technocratic, productivity-focused agricultural policies and proposes a framework based on Feminist Ecological Economics and Feminist Political Ecology to reorient food systems around human needs and ecological regeneration. Key recommendations include the redistribution of care work, support for agroecology, and the implementation of gender-responsive fiscal policies.

This report presents guidelines for designing Border Carbon Adjustment (BCA) mechanisms, based on global stakeholder dialogues. It offers specific recommendations on measuring embodied GHG emissions, determining sectoral coverage, managing revenues, and crediting foreign carbon prices. The guidance emphasizes 'parallel treatment' between domestic and foreign producers and suggests mechanisms to support small and medium-sized enterprises (SMEs) and developing countries in their low-carbon transition, while cautioning against blanket country exemptions to maintain the effectiveness of leakage prevention.

The document argues that investment treaties function as 'unpriced public insurance' that shifts political and regulatory risks from private investors to host states. Unlike other de-risking tools like political risk insurance or blended finance, treaties often lack pricing mechanisms, performance benchmarks, or environmental and human rights safeguards. This creates an asymmetrical regime where host states face substantial downside risks and contingent fiscal liabilities, which can be exacerbated by large investor-state dispute settlement (ISDS) awards. The authors recommend that policy-makers assess treaties alongside other risk-allocation tools, terminate redundant agreements, and coordinate across finance ministries and development banks to prevent 'double recovery' and ensure transparent risk sharing.

The document proposes a functional shift in how investment treaties are viewed, categorizing them as a form of 'unpriced public insurance' that transfers political and regulatory risks from private investors to host states. It argues that unlike other de-risking tools, treaties often lack performance conditions or sustainability safeguards, creating asymmetric financial burdens for states, particularly in the Global South. The brief recommends that policymakers evaluate treaties alongside other risk-mitigation tools to avoid redundancies and ensure that investment governance supports climate transitions and public accountability.

The document proposes a functional shift in how investment treaties are viewed, moving from legal instruments of the rule of law to economic tools of public risk absorption. It argues that these treaties often act as unpriced public insurance, transferring political and regulatory risks from private investors to host states without the conditions, pricing, or performance guarantees found in other de-risking tools. The authors recommend that policymakers evaluate treaties alongside other risk-reduction mechanisms, revise or terminate redundant agreements, and coordinate between financial institutions to avoid double indemnification and ensure equitable risk sharing.

The report examines the challenges and opportunities for a 'green recovery' in Ukraine following Russia's invasion, which caused direct damages of USD 176 billion. While Ukraine has established governance structures and transparency tools like the DREAM platform, it lacks a unified national reconstruction strategy, leaving sustainability efforts fragmented. The document highlights the town of Trostianets as a successful local model of sustainable rebuilding and suggests that Ukraine align its recovery with EU standards, such as the EU Taxonomy and the Recovery and Resilience Facility. It recommends the adoption of international green building and infrastructure certifications (e.g., EDGE, Envision) to ensure long-term resilience and climate neutrality.

The report details the evolving role of Indigenous Peoples in the Rio Conventions, highlighting a shift from being viewed as stakeholders to recognized rights holders. Key 2024 achievements include the creation of a permanent Subsidiary Body on Article 8(j) under the CBD, the extension of the Local Communities and Indigenous Peoples Platform (LCIPP) mandate under the UNFCCC, and the establishment of two separate caucuses for Indigenous Peoples and local communities under the UNCCD. Despite these procedural gains, the report identifies persistent challenges, including limited direct access to funding and the ongoing tension over the use of human rights language and terminology in international environmental governance.

The document outlines a strategic framework for negotiating protocols under the UN Framework Convention on International Tax Cooperation (UN FCITC). It identifies two 'early protocols'—cross-border services and tax dispute resolution—and several 'possible protocols' including the digital economy, illicit financial flows, high-net-worth individuals, and environmental challenges. The report argues that the UN FCITC can provide a more inclusive and effective alternative to OECD-led frameworks, particularly for developing countries, by establishing global standards for taxing the digital economy, combating tax evasion, and coordinating climate-related fiscal policies.

The report outlines a strategic framework for negotiating protocols under the UN Framework Convention on International Tax Cooperation (UN FCITC). It identifies two 'early protocols'—taxation of cross-border services and the resolution of tax disputes—and several 'potential protocols' covering the digital economy, illicit financial flows, high-net-worth individuals, environmental taxation, information exchange, mutual assistance, and harmful tax practices. The document argues that the UN FCITC can provide a more inclusive and effective alternative to OECD-led initiatives, which often disadvantage developing nations. Key recommendations include establishing a global digital services tax, creating a global asset register for beneficial ownership, implementing a global minimum tax on the super-rich, and developing a coordinated multilateral environmental tax architecture to support net-zero goals.

The report examines the role of state-owned power companies (SPCs) in emerging markets and developing economies (EMDEs), noting they control approximately 50% of global power station capacity. Through four case studies, it explores specific transition elements: Eskom (South Africa) on just energy transition (JET), NTPC (India) on renewable energy deployment, EVN (Viet Nam) on grid integration, and PLN (Indonesia) on early coal retirement. Key findings highlight that while SPCs can lead low-carbon action due to declining technology costs, they are often hindered by high debt, fossil fuel subsidies, and a lack of comprehensive legal frameworks. The report recommends that governments mandate specific emission targets for SPCs, shift public finance from fossil fuels to clean energy, and that SPCs establish dedicated JET offices and improve data transparency to build stakeholder trust.

The strategy aims to make climate adaptation options visible and foster societal ownership of the National Adaptation Plan (NAP) in the Central African Republic by 2030. It identifies nine target groups, including the public sector, private sector, and indigenous peoples, and outlines four strategic axes: political and financial appropriation, public awareness of best practices, information sharing among stakeholders, and coordination/monitoring. The plan includes a wide array of activities such as community radio broadcasts, mobile applications, and educational outreach, with an indicative budget of 479,225,000 FCFA. Implementation is led by the National Climate Coordination (CNC) under the supervision of a steering committee.

The guidelines outline a comprehensive approach to mainstreaming gender equality and social inclusion (GESI) into Viet Nam's National Adaptation Plan (NAP). It identifies current gaps in implementation, provides a four-stage process for integration—from determining background to reporting—and recommends specific GESI-responsive indicators using both primary and secondary data to ensure equitable climate resilience.