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The authors introduce a conceptual framework to address the gap in climate studies that typically focus on impacts within a single geographical region. The framework distinguishes between an initial impact caused by a climate trigger and the subsequent downstream consequences and adaptation responses that propagate through 'impact transmission' and 'response transmission' systems. By accounting for different climate triggers, impact categories, and socio-economic contexts, the framework aims to identify causal relationships and support climate risk management. The authors demonstrate the framework's utility by applying it to the 2011 Thailand floods and projected Arctic sea ice decline.

The report alleges that BlackRock has created an "echo chamber" of influence in Brussels to weaken the EU's climate finance regulations. By operating through 23 trade associations and securing direct consultancy contracts with the European Commission, BlackRock is accused of pushing for "soft" regulation and voluntary standards, such as the EU Green Bond Standard, to avoid binding restrictions on its investment choices. The document argues that this strategy serves to protect BlackRock's significant holdings in fossil fuel companies and its business model based on financial risk management rather than climate impact.

The New Bidding Law (Lei nº 14.133) passed in April 2021 introduces detailed requirements for preliminary technical studies in Brazilian infrastructure projects. CPI/PUC-Rio argues that this creates an opportunity to introduce a formal pre-feasibility analysis phase to prevent low-quality or infeasible projects from proceeding. While the law improves transparency via a single official website and expands the oversight role of legal advisory bodies and courts of accounts, it is criticized for reducing mandatory social participation. The authors recommend that future regulatory decrees mandate the publication of key preparatory documents and formally integrate pre-feasibility assessments to better align technical studies with environmental licensing.

ClientEarth argues that the proposed revisions to Japan's Corporate Governance Code are insufficient and recommends requiring 'Paris-aligned' strategies, extending disclosure requirements to the Standard Market, and integrating climate expertise and training into board governance.

The Framework for Sustainable Finance Integrity provides a structured approach to evaluate and drive the sustainability commitments of financial actors. It establishes 'Minimum Benchmarks' that all institutions should adopt—such as aligning portfolios with the Paris Agreement and eliminating new coal finance—and 'Leadership Benchmarks' for those seeking to drive transformative change, including science-based five-year emissions targets and comprehensive TCFD alignment. The report emphasizes the need for a 'whole-of-government' approach, the integration of biodiversity and just transition into financial mandates, and the necessity of cross-sector collaboration to avoid siloed efforts that fail to meet global climate goals.

The report highlights a significant gap in adaptation finance, noting that while total global climate finance reached US$437 billion in 2015, only 16 percent was dedicated to adaptation. It argues that public finance is insufficient to meet the projected costs of building resilience in the developing world, which could reach US$500 billion by 2050. The text identifies critical barriers to private sector engagement, including a lack of predictable returns, deficient regulatory frameworks, and knowledge gaps regarding climate vulnerability. It further examines how climate change threatens key sectors—agriculture, energy, health, and transport—while suggesting that these vulnerabilities also present new market opportunities for climate-resilient products and infrastructure.

The ASEAN sustainable finance market reached a record high of USD 12.8bn in GSS bond and loan issuance in 2020. Singapore leads the region in volume, particularly through green loans for real estate, while Indonesia and Thailand show strong growth driven by sovereign issuances. The market is increasingly diversifying into sustainability-linked instruments and social bonds, although the latter remained less active in 2020. The report highlights the critical role of government support, the development of regional and national taxonomies, and the influence of Development Finance Institutions (DFIs) in scaling green infrastructure.

The Japanese green bond market grew by a third in 2020, reaching a cumulative issuance of USD 26.15 billion. Issuance is led by financial corporates and government-backed entities, with proceeds primarily allocated to buildings, transport, and energy. The report highlights a strong record of external reviews and post-issuance reporting, while identifying significant opportunities to scale up the market through the refinancing of unlabelled climate-aligned debt, particularly in the transport sector. Additionally, it outlines Japan's policy shift toward net-zero emissions by 2050 and the resulting development of green growth strategies and ESG disclosure frameworks.

The document analyzes the legal framework for shareholder climate proposals in Japan, noting that amendments to articles of incorporation are the only viable legal pathway for such proposals under the Japanese Companies Act. It highlights a landmark proposal at Mizuho Financial Group that received 34% support and argues that such proposals, while requiring a two-thirds majority to pass, can still influence corporate behavior, as seen with Mizuho's pledge to stop financing coal projects by 2050. The briefing compares these Japanese mechanisms to 'special resolutions' used in the UK and encourages boards and investors to support proposals aligned with the Paris Agreement.

The Network for Greening the Financial System (NGFS) published climate scenarios in June 2020 to help manage financial climate risks. However, analysis by Oil Change International and Reclaim Finance suggests these scenarios have dangerous shortcomings, specifically by prioritizing 2°C targets over 1.5°C and relying on unrealistic levels of carbon capture. These assumptions create a bias in favor of continued fossil fuel production and investment, potentially slowing the global fight against climate change.

The NAP Global Network's 2021-2025 strategy focuses on transitioning developing countries from adaptation planning to execution. The network aims to reach 30 new countries, ensure 30% of support goes to Least Developed Countries, and assist 15 countries in moving from planning to implementation. Key priorities include tailored technical assistance, innovative peer-to-peer learning, and making NAP knowledge more accessible through storytelling and MOOCs. The strategy emphasizes gender equality, social inclusion, and the integration of climate risk into national decision-making processes.

The report identifies systemic gender inequalities across seven Sahelian countries that hinder women's resilience to climate change, specifically citing limited land ownership, high burdens of unpaid care work, and restricted access to climate information and financial services. It proposes a Gender Action Plan to increase women's economic empowerment, reduce workloads through solar-powered technologies, and improve access to climate-smart agricultural inputs and micro-insurance, targeting at least 40% of interventions for women.

ClientEarth proposes a principles-based framework to standardize 'Paris-alignment' and 'net-zero' strategies for the private sector. The framework consists of three core principles—Reasonable, Transparent, and Accountable—supported by eleven 'Red lines' that act as non-negotiable requirements. These include setting net-zero targets for Scopes 1-3 by 2050 at the latest, prioritizing direct value chain reductions over offsets, and linking executive remuneration to target achievement. The paper emphasizes that financial institutions must specifically disclose how they influence Scope 3 emissions through investment and underwriting decisions to ensure real-world GHG reductions.

The We Mean Business Coalition argues that integrating climate ambition into economic recovery is a strategic necessity for long-term growth and resilience. The statement highlights that green recovery measures are more effective at creating jobs and increasing GDP than traditional stimulus. It calls for specific policy actions, including the removal of fossil fuel subsidies, mandatory TCFD-aligned financial disclosures, and the requirement that companies receiving public financial assistance adopt science-based targets consistent with a 1.5°C warming limit.

The report analyzes Brazil's agricultural risk management landscape, highlighting a significant gap in insurance coverage compared to global peers like the US and China. It examines key programs such as the PSR, Proagro, Garantia-Safra, and PGPM, noting high market concentration and a heavy reliance on credit over insurance. The authors argue that inadequate risk management leads to underinvestment and inefficient land use, recommending a shift in public funding from rural credit to insurance subsidies and the expansion of the Agricultural Climate Risk Zoning (ZARC) system.

The Canadian Climate Institute asserts that a 'green recovery' is insufficient if it focuses solely on decarbonization without addressing climate adaptation. The author argues that failing to prepare for climate risks—such as extreme heat, flooding, and wildfires—will lead to economic disaster, similar to the lessons learned from COVID-19. The document proposes integrating resilience into public investments, such as upgrading social housing for heat protection, building weather-resilient electrical grids, and utilizing nature-based solutions to reduce reliance on high-emission 'grey' infrastructure.

Dr Paola Arias, an author for the IPCC Sixth Assessment Report, details a 2019 community meeting in Bogotá where a ceiling collapse caused by heavy rains served as a real-time example of climate risk. She argues that interpreting scientific evidence through the lens of social impacts and daily local issues—such as Bogotá's flood plain construction and landfill collapse—is more effective for public engagement than traditional presentation protocols.

The document analyzes the 2019 amendments to British Columbia's Climate Change Accountability Act, which established a broader climate accountability framework. Key features include the requirement for intermediate and sector-specific emission targets, the creation of an independent advisory committee (the Climate Solutions Council), and enhanced reporting obligations for the provincial government and public bodies. While the author notes that regular reporting improves transparency, the study identifies several gaps: a lack of independent oversight to monitor government progress, the absence of formal requirements to actually reduce climate risks, and no codified mechanism for reviewing long-term emission targets, such as the 2050 goal.

The document examines the role of local and community-based adaptation (CBA) in addressing climate risks, emphasizing that while local actions are often the most cost-effective and socially acceptable, they are frequently hindered by top-down planning and insufficient financing. It proposes a shift toward locally led processes that integrate indigenous knowledge, devolved financing, and multi-stakeholder governance to achieve sustainable and equitable resilience.

The National Adaptation Plan Framework for Botswana provides a high-level strategic guide for integrating climate change adaptation into national and subnational development planning. It outlines a multi-sectoral approach emphasizing horizontal and vertical integration, ecosystem-based adaptation, and community-centered planning. The framework proposes a governance structure led by a National Climate Change Unit (NCCU) and a National Committee on Climate Change (NCCC), while prioritizing the needs of youth, women, and vulnerable groups. It also details strategies for mobilizing domestic and international climate finance and aligning the NAP with existing policies like Vision 2036 and NDP 11.