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Leveraging State Transmission Authorities for Lower-Cost Infrastructure Financing
The U.S. may need to triple its transmission capacity by 2050, requiring over $40 billion in annual investment by 2031. Relying on private, for-profit utility financing risks increasing consumer rates and reducing political support for the energy transition. Research commissioned by the Clean Air Task Force (CATF) in California suggests that public or public-private financing using low-cost public debt could save ratepayers up to $3 billion annually, or $123 billion over 40 years. To achieve these savings, the document recommends that policymakers employ new institutional models, such as dedicated transmission authorities, and utilize low-cost public debt like bonds and loans. It highlights the roles of existing authorities in New Mexico and Colorado as examples. Key recommendations for state transmission authorities include using planning processes to test alternative financing, appointing coordinators to speed up implementation, utilizing credit enhancements, and issuing general obligation or revenue bonds to alleviate costs for ratepayers.
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Document type: Policy brief
Five Key Priorities to End Fossil Fuel Subsidies in Canada
The briefing identifies five priority areas for Canada to eliminate fossil fuel subsidies: reforming major tax credits, addressing losses from the Trans Mountain Pipeline expansion, ending support for carbon capture and storage, stopping LNG infrastructure subsidies, and ensuring low-carbon funds do not benefit fossil fuel companies. It highlights a lack of transparency, noting Canada failed to publish a promised inventory of subsidies by December 2024. The document also details provincial-level subsidies, including fuel tax cuts and infrastructure support, and calls for a comprehensive inventory of all financial supports to the sector.
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Document type: Briefing
Landscape of Green Finance in India
India's tracked green finance for mitigation reached INR 3,712 billion (USD 50 billion) per annum in FY 2021/22, a 20% increase from 2019/20. However, this represents only approximately 30% of the annual finance needed to meet the country's Nationally Determined Contributions (NDC). Mitigation finance is primarily domestic (83%), with clean energy receiving the largest share (47%). Adaptation finance saw a nearly threefold increase to INR 1,092 billion (USD 15 billion) per year, dominated by government budgetary expenditure (98%) and focused on disaster risk management. The report highlights significant investment gaps, particularly in electric vehicles and on-farm agricultural adaptation, and recommends the development of a green finance taxonomy and enhanced private sector mobilization.
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Document type: Report
Climate Investment Planning and Mobilization Framework
The Climate Investment Planning and Mobilization Framework, developed by the NDC Partnership and the Green Climate Fund, outlines a six-stage process to bridge the gap between climate planning and implementation. It is structured into two main pillars: Investment Planning (Stages 1-3) and Finance Mobilization (Stages 4-6). The framework emphasizes the integration of financial planning with policymaking, the use of evidence-based decision-making, and the creation of enabling environments to attract public, private, and blended finance. It highlights the critical role of central coordination, stakeholder engagement, and iterative feedback loops to ensure that climate investments are socially just, sustainable, and aligned with Nationally Determined Contributions (NDCs), National Adaptation Plans (NAPs), and Long-Term Low-Emission Development Strategies (LT-LEDS).
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Document type: Guide
We Mean Business Coalition statement on the COP29 outcomes
The We Mean Business Coalition describes the COP29 finance deal as insufficient, noting that the $300bn figure falls short of developing countries' needs. While the coalition views the 'Baku to Belém Roadmap' as a positive step for scaling public finance, it argues that the final agreement missed a leadership opportunity by omitting specific language on transitioning from fossil fuels. The coalition highlights that the global market for clean technologies is projected to exceed $2 trillion by 2035 and calls for 1.5°C-aligned Nationally Determined Contributions (NDCs) to mobilize private investment.
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Document type: Statement
From a hundred billion to trillions: the stakes at COP29
Reclaim Finance outlines the stakes for COP29, emphasizing that the New Collective Quantified Goal (NCQG) for North-South climate finance should be at least a trillion dollars and provided as grants or grant-equivalents. The organization warns against allowing private finance or carbon offsets to count toward these public obligations, noting that private capital often bypasses the poorest communities and adaptation projects. While acknowledging the role of private finance in tripling renewable energy, the document criticizes the Glasgow Financial Alliance for Net Zero (GFANZ) for its failure to restrict fossil fuel financing and the methodological flaws in Net-Zero Banking Alliance targets. It further highlights the failure of Just Energy Transition Partnerships (JETPs) in South Africa, Indonesia, and Vietnam due to a lack of concessional funding and private sector risk aversion.
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Document type: Statement
Statement: SASSA misrepresents drivers behind SRD grant application numbers
The Universal Basic Income Coalition (UBIC) disputes SASSA's claims that a 'spike' in SRD grant applications is driven by fraud. The document asserts that the 17.2 million applications in September 2024 are cumulative and align with eligibility estimates of approximately 17 million people. It argues that SASSA uses fraud narratives to justify an arbitrary budget cap from the National Treasury that only allows payments to 8.5 million people, while internal data shows very few actual fraud cases.
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Document type: Statement
Landscape of Climate Finance in Africa 2024
The report finds that while climate finance in Africa grew by 48% to USD 43.7 billion in 2021/22, it remains severely insufficient, meeting only 23% of the annual needs required for NDC implementation. Public finance dominates the landscape, providing 82% of total flows, while private finance is heavily concentrated in energy systems and a small number of countries. The document highlights a critical 'trilemma' where climate-vulnerable countries are also debt-distressed and conflict-affected, further hindering their ability to attract investment. Key recommendations include scaling the use of guarantees, improving domestic capital market regulations, and enhancing the transparency and equity of voluntary carbon markets.
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Document type: Report
Landscape of Climate Finance in Africa 2024
Climate finance in Africa grew by 48% between 2019/20 and 2021/22, reaching USD 43.7 billion, yet this remains only 23% of the annual funding required to meet 2030 NDC goals. Public finance dominates the landscape, providing 82% of total flows, while private finance is heavily concentrated in energy systems and a small number of countries. The report highlights a critical 'trilemma' where climate-vulnerable countries are often simultaneously debt-distressed and conflict-affected, further hindering their access to grants and affordable capital. Key recommendations include reforming domestic fiscal policies to remove fossil fuel subsidies, scaling the use of guarantees to de-risk private investment, and leveraging domestic institutional assets, such as pension funds, to reduce reliance on international debt.
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Document type: Report
Le moratoire de l'OMC sur l'imposition de droits de douanes sur les transmissions électroniques mieux comprendre les préoccupations des pays en développement
The document analyzes why many developing countries oppose the WTO moratorium on customs duties for electronic transmissions, highlighting the global digital divide, the lack of a clear definition for 'electronic transmissions', and the resulting loss of public revenue and industrial policy flexibility.
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Document type: Research paper
The 2024 State of Cities Climate Finance report (SCCFR)
The 2024 State of Cities Climate Finance report (SCCFR) reveals a significant gap between current urban climate finance flows and the trillions of dollars required for mitigation and adaptation. While 69% of urban climate finance is sourced domestically, international flows from developed to developing economies remain low at USD 12 billion. Mitigation needs are dominated by transport, energy, and buildings, with East Asia and the Pacific having the highest annual requirements. The report advocates for the '4C Urban Climate Finance Agenda'—Commitment, Collaboration, Capacity, and Capital Mobilization—to scale finance and improve data tracking.
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Document type: Report
Statement of Solidarity during the 16th Annual Conference of the Southern African Development Community Organisation of Public Accounts Committees (SADCOPAC)
The statement emphasizes the need for African solidarity to combat a severe debt crisis and a 'colonial and extractivism modus operandi' in the international financial system. It calls for an overhaul of the Global Economic and Financial Architecture and urges Parliamentary Committees to utilize the SADC PF model Public Finance Management law to enhance oversight and accountability. The text highlights efforts by the Africa Group in the UN to establish a Framework Convention on Tax Rules and a Global Legal Framework for debt, asserting that Africa must set the rules for global economic governance to ensure sovereignty and regional prosperity.
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Document type: Statement
“Must-haves” for adaptation finance in the New Collective Quantified Goal
The document argues that the New Collective Quantified Goal (NCQG) must include a specific annual adaptation finance target of at least USD 215 billion, prioritizing public grants and concessional loans over non-concessional debt. To be effective, the goal should balance global, national, and local priorities, including support for locally led adaptation and transboundary climate risk management. For equity, the brief recommends prioritizing Least Developed Countries (LDCs) and Small Island Developing States (SIDS), increasing funding for Indigenous Peoples and women, and simplifying access to finance through Direct Access and Enhanced Direct Access programs. It further suggests updating the Enhanced Transparency Framework (ETF) in 2028 to improve accountability for both providers and recipients of adaptation finance.
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Document type: Policy brief
Building Resilience Through Knowledge and Collaboration
The August 2024 RAMP Roundup details the initiative's efforts to enhance climate resilience through strategic engagements with government ministries and universities in Ethiopia, Kenya, and Uganda. Key activities include the launch of a 'Foundations Course' in Uganda, the use of the IMF's DIGNAD model for macro-climate modelling, and the establishment of a University Network Seminar Series. The newsletter also highlights research grants on disaster risk management and adaptation finance in Tanzania, Bangladesh, and sub-Saharan Africa, while noting that every dollar invested in adaptation can yield a return of $2 to $10.
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Document type: Newsletter
Fact-checking des interviews électorales de BFMTV
The document evaluates statements from three political figures on topics including immigration, youth unemployment, public finances, and energy contracts, frequently labeling claims as 'Faux' (False) or 'À nuancer' (To be nuanced).
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Document type: Fact sheet
Assessing National Enabling Framework Conditions for Urban Climate Finance
The CCFLA and Urban-Act National Assessment Tool provides a framework for national governments to evaluate the regulatory, financial, and institutional conditions that affect urban climate finance. The tool consists of 64 dimensions across four categories: Climate Policy, Budget and Finance, Climate Data, and Vertical and Horizontal Coordination. It aims to identify strengths and gaps in national frameworks to facilitate recommendations for improving subnational access to finance, having been piloted in India and Indonesia.
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Document type: Guide
Ending Canadian Domestic Public Financing for Fossil Fuels
The report highlights a significant disparity in Canadian public finance, with crown corporations providing between CAD 7.6 billion and CAD 13.5 billion annually to fossil fuels (2020-2022) versus CAD 147 million for domestic renewable energy. It argues that Canada must implement a comprehensive policy this year to end all public finance for fossil fuels—including loans, equity, and insurance—to align with climate commitments and its upcoming G7 presidency.
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Document type: Report
Ending Canadian Domestic Public Financing for Fossil Fuels
The report finds that Canadian institutions provided between CAD 7.6 billion and CAD 13.5 billion annually to the fossil fuel sector from 2020 to 2022, while providing only CAD 147 million annually for domestic renewable energy. It identifies Export Development Canada (EDC) as the primary provider of this finance and highlights a critical lack of transparency in reporting. The authors recommend a comprehensive policy that covers the entire fossil fuel life cycle, includes existing investments like the Trans Mountain Pipeline Expansion, and precludes funding for carbon capture and storage (CCS) and blue hydrogen. The report suggests redirecting these funds toward clean electricity and Indigenous-led generation to support Canada's energy transition.
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Document type: Report
Brief on NCQG simplified negotiation options
The briefing reorganizes the 10 elements and 44 negotiation options identified by the Co-Chairs of the Ad-Hoc Work Programme (AHWP) for the New Collective Quantified Goal (NCQG) into a condensed format. It covers critical dimensions of the goal, including temporal scope, quantum, structure, and potential sources of finance, aiming to streamline the complex set of options for stakeholders ahead of the 2024 negotiation sessions.
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Document type: Briefing
Risques d’inondation : le dilemme des assurances
The document discusses the challenges of flood insurance in Canada, where approximately 10% of households live in high-risk areas and are largely uninsurable. It evaluates the federal government's proposal for a low-cost public insurance program, warning that without strict design—such as excluding new builds, using risk-based premiums, and offering resilience discounts—the program could encourage risky development and become a financial burden. The author emphasizes that insurance must be part of a comprehensive strategy including land-use limits, mandatory risk disclosure, and reformed disaster financial assistance to ensure long-term climate resilience.
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Document type: Policy brief