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309 results
CP24/12: Consultation on the new Public Offers and Admission to Trading Regulations regime
ClientEarth's response to CP24/12 advocates for mandatory climate disclosures aligned with TCFD and ISSB standards, specifically calling for an 'atmospheric viability test' for mineral companies to prevent stranded asset risk. The organization argues against voluntary sustainability-labelled debt disclosures, urging for contractually binding commitments to prevent greenwashing, and cautions against reducing issuer liability for forward-looking climate statements.
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Document type: Statement
General Guidance for Tracking Green Finance
The guide establishes 'Common Principles' for tracking green finance, emphasizing conservativeness and granularity. It details a three-step qualification process for adaptation finance and a whitelist-based approach for mitigation. It also introduces a methodology for biodiversity finance based on OECD Rio Markers and the Kunming-Montreal Global Biodiversity Framework, while addressing challenges like taxonomy misalignment and resource limitations within development finance institutions.
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Document type: Guide
Landscape of Climate Finance in Nigeria 2024
In 2021/22, Nigeria received USD 2.5 billion in climate finance, a 32% increase from 2019/20, yet this remains far below the estimated annual need of USD 29.7 billion. Public actors provided 70% of the funding, led by multilateral development finance institutions (DFIs), while private finance accounted for 30%, primarily driven by corporate investments in solar PV. Mitigation efforts, particularly in energy systems, dominated the landscape, while adaptation finance reached only USD 735 million, covering just 6% of annual needs. The report highlights a heavy reliance on debt-based financing, which is concerning given Nigeria's high debt-servicing costs. Key barriers include the high cost of capital, a lack of bankable projects, and data gaps. The authors recommend operationalizing the National Climate Change Fund, prioritizing anticipatory adaptation, and pursuing innovative financing such as green bonds and debt-for-climate swaps.
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Document type: Report
Making good on financial sector net zero commitments
The report examines the gap between high-integrity net zero standards—such as those from the UN High-Level Expert Group (HLEG)—and the actual practices of corporations and financial institutions (FIs). It identifies significant shortcomings in target coverage, fossil fuel phase-out policies, and the credibility of transition plans. The authors argue that voluntary commitments are often unrealistic without government intervention and propose a 'road to regulation' consisting of an 'accountability lane' for oversight and an 'ambition lane' to translate voluntary pledges into economy-wide policy mandates.
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Document type: Report
2024: or the Year of Procrastination – the ECB needs to accelerate on climate
The ECB is criticized for limited progress on climate action in 2024, with the author arguing that current efforts are insufficient. While noting some advances in nature inclusion and fossil fuel exclusions in non-monetary portfolios, the document highlights missed opportunities in monetary policy and the abandonment of greening measures for the collateral framework. It calls for transparent sanctions against banks failing climate risk assessments, the adoption of robust transition plans, the exclusion of fossil fuel assets from collateral, and the consideration of dual interest rates in the upcoming 2025 monetary policy strategy review.
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Document type: Statement
LEGAL MEMORANDUM concerning DIRECTOR DUTIES AND LIABILIT Y FOR CLIMATE RISK UNDER SOUTH AFRICAN LAW
The memorandum argues that while South African law does not yet have a specific statute requiring directors to prepare for climate change, existing fiduciary duties, the duty of care and diligence, and emerging legislation like the Climate Change Act 22 of 2024 create a legal basis for accountability. It highlights that South African courts are increasingly relying on non-binding governance standards, such as the King IV Report, and international obligations to interpret directors' duties. The document outlines several avenues for liability, including derivative actions under section 165 of the Companies Act, piercing the corporate veil under section 20(9), and criminal liability under the National Environmental Management Act (NEMA). It concludes that directors should proactively manage climate risk to avoid potential litigation as legal frameworks evolve.
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Document type: Research paper
Partnering for Finance Adaptation
The report analyzes the roles of various public development banks (PDBs) in climate adaptation, identifying significant gaps in collaboration between international multilateral development banks (MDBs) and national development banks (NDBs). It highlights barriers such as misaligned project ticket sizes, lack of shared adaptation taxonomies, and local currency risks. To address these, the report recommends developing complementary taxonomies, utilizing country platforms and regional hubs, enhancing capacity-building, and leveraging blended finance to de-risk adaptation investments.
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Document type: Report
Planning for the Future
The guidebook aims to enhance the climate resilience of Manitoba's 27 integrated watershed management planning areas by identifying entry points for adaptation planning within the existing IWMP process. It provides tools to assess climate impacts, increase risk knowledge, ensure long-term investment appropriateness, and utilize the Climate Atlas of Canada, supported by five worksheets and a resource list.
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Document type: Guide
Planning for the Future
The document outlines a process for enhancing the climate resilience of Manitoba's watersheds by embedding adaptation planning into the existing Integrated Watershed Management Plan (IWMP) process. It provides a step-by-step guide across six stages—preplanning, gathering information, plan drafting, review, approval, and implementation—to help local authorities identify climate hazards, prioritize risks using a risk matrix, and implement climate-resilient actions. The guide distinguishes between 'traditional actions' and 'climate-resilient actions,' emphasizing the need to avoid maladaptation. It includes practical tools such as a menu of climate-resilient actions (e.g., wetland restoration, riparian management), guidance on using the Climate Atlas of Canada for data, and a monitoring, evaluation, and learning (MEL) framework to track the effectiveness of adaptation measures.
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Document type: Guide
Good Practices for Designing Effective, Inclusive, and Sustainable Nature-Based Solutions for Adaptation
The document synthesizes international standards—including those from the IUCN, CBD, and FEBA—into a practical framework for nature-based solutions (NbS) for adaptation. It defines NbS for adaptation as actions that protect, restore, and manage ecosystems to strengthen the resilience of communities and ecosystems to climate change. The core of the brief is a set of eight good practices, which include conducting climate risk assessments, ensuring equitable distribution of benefits, prioritizing biodiversity health, and employing inclusive governance. Notably, the brief introduces a conflict-sensitive approach to minimize the risk of exacerbating tensions through adaptation actions.
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Document type: Briefing
The Business Case for Reducing Embodied Carbon: 9 Investments Commercial Real Estate Developers Can Make Today
The document argues that reducing embodied carbon—which accounts for an estimated 11% of global emissions—is a necessary technology transition that must be completed by 2050. It presents a business case for developers, noting that embodied carbon often comprises a substantial part of Scope 3 emissions and that failure to adopt low-carbon practices could lead to stranded assets. The guide divides recommendations into building-level strategies (reducing material use, increasing utilization, switching to low-carbon materials, and designing for disassembly) and corporate-level strategies (institutionalizing practices, prioritizing retrofits, marketing successes, reporting Scope 3 emissions, and aggregating demand through buyer coalitions).
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Document type: Guide
Approaches to Meeting the Paris Agreement Goals
The report analyzes how public development banks (PDBs) can align their operations with the Paris Agreement, distinguishing between 'project-level alignment' and 'portfolio-level net-zero' approaches. It argues that project-level alignment is the essential foundation for PDBs to support national low-emission climate-resilient development pathways, while portfolio-level tools can provide strategic benefits for those engaging with the private sector. The document details 11 operational benchmarks—such as inclusion/exclusion lists, shadow carbon pricing, and risk assessments—and provides case studies of institutions like the EBRD, BNDES, and AFD to illustrate practical implementation.
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Document type: Report
Assessing Subnational Enabling Framework Conditions for Urban Climate Finance
The CCFLA and Urban-Act Subnational Assessment Tool is designed to help city and regional officials identify strengths and gaps in the regulatory, institutional, and financial environments necessary to scale urban climate finance. The tool evaluates 49 dimensions across four categories: Climate Policy, Budget and Finance, Climate Data, and Vertical and Horizontal Coordination. It provides a structured six-step application process—from institutional mapping to the development of follow-up roadmaps—and includes a comprehensive directory of external resources and global case studies to guide subnational governments in improving their creditworthiness, data reporting, and intergovernmental cooperation.
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Document type: Guide
Assessing India’s Enabling Framework Conditions for Subnational Climate Finance
The report evaluates India's readiness to scale subnational climate finance across four categories: climate policy, budget and finance, climate data, and coordination. It finds that while India has strong national commitments and policies, urban local bodies (ULBs) lack institutional mandates for climate action, suffer from limited fiscal autonomy and poor financial management, and have minimal access to climate-specific data. The analysis highlights a heavy reliance on intergovernmental transfers and a significant gap in private investment and municipal bond issuance. Key recommendations include amending state municipal acts to incorporate climate functions, expanding the scope of Central Finance Commission grants to include climate action, and strengthening the capacity of ULBs to conduct green budgeting and issue municipal bonds.
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Document type: Report
EU Parliament must act on climate change
The authors contend that the EU is experiencing a 'U-turn' in climate commitment due to the rise of far-right political forces and security concerns stemming from Russia's war in Ukraine. They argue that current EU-level policies are 'dangerously inadequate' to protect European lives and livelihoods from catastrophic threats. The text highlights that while some industries and farmers have protested sustainability provisions, the economic costs of climate-induced supply chain disruptions—estimated up to $25 trillion globally over 35 years—far outweigh the costs of regulation. The authors urge policymakers to view climate change as a 'systemic threat' rather than focusing solely on near-term risks.
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Document type: Statement
Fiscal Policy and Sustainable Finance
The report argues that fiscal policies—including roadmaps, tax incentives, guarantees, and subsidies—are essential to bridge the net-zero investment gap in the ASEAN+3 region. It identifies critical barriers such as a lack of suitable project pipelines, regulatory uncertainty, and the predominance of MSMEs. The document recommends a holistic approach combining these fiscal tools with non-fiscal policies like green taxonomies and mandatory climate disclosures to steer the financial sector toward sustainable development goals.
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Document type: Report
2024 Climate, Environmental, and Energy Congressional Hearings
The document tracks congressional hearings in 2024 across various House and Senate committees, covering topics such as energy security, climate risk, environmental regulations, and budget requests for agencies like the EPA and Department of Energy.
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Document type: Fact sheet
2024-2025 Work Plan of the Open Data and Science Committee
The IAI's 2024-2025 work plan focuses on three main objectives: updating the IAI's Open Data Policy through participatory processes, enhancing the usability of its scientific and policy repositories, and supporting regional and global assessments, including those by the IPCC and United Nations.
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Document type: Briefing
Plan de trabajo 2024–2025 del Comité de Ciencia y Datos Abiertos
The IAI Science and Open Data Committee's 2024–2025 work plan focuses on three main objectives: updating the IAI Open Data Policy through participatory processes and best practice guidelines; enhancing the usability of data platforms, including the scientific publications repository and the Harvard Dataverse catalog; and supporting regional and global assessments, such as UN common country analyses and IPCC evaluations on cities and climate change.
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Document type: Briefing
Rising Seas Stretch Risk Zones
Using updated CoastalDEM elevation data and IPCC medium-to-high emissions scenarios, Climate Central projects that by 2100, annual coastal flood risk zones will expand to include areas where an additional 93 million people currently live. The report highlights severe population impacts in Asia, particularly in China, Bangladesh, and Vietnam, and provides the first full assessment of population exposure in Arctic nations.
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Document type: Report