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GEC Steering Group, Wednesday 5th October 2022– MINUTES
Minutes from the Green Economy Coalition (GEC) Steering Group meeting on October 5, 2022, detailing the introduction of Tom Mitchell as IIED Executive Director, the development of a new 'omni-crisis' narrative for G20 intervention, and updates on the 2022 annual work plan priorities.
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Document type: Briefing
Companies and Cimate Change
This report presents the first research application of the AIIB – Amundi Climate Change Investment Framework (CCIF), a benchmark designed to assess investments against climate-related financial risks and opportunities based on the Paris Agreement. The research analyzes sectors, companies, and debt issuers, primarily focusing on corporates in EM Asia, to evaluate alignment with climate change mitigation, adaptation and resilience, and low-carbon transition objectives.
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Document type: Report
Public Financial Institutions' Climate Commitments
This report by the Climate Policy Initiative (CPI) analyzes the climate commitments of the 70 largest public financial institutions, representing USD 20.4 trillion in assets. It finds a significant gap in ambition, particularly among national and subnational development banks and institutions in non-OECD countries, where Paris-aligned and net-zero targets are rare. The report highlights a lack of specificity in climate finance goals, a deficiency in adaptation-focused commitments, and a general slow adoption of institutional climate strategies. CPI identifies insufficient accountability and a lack of government and global coalition guidance as primary barriers and provides recommendations to strengthen the integrity of public finance in the energy transition.
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Document type: Report
Overarching forest goals
The October 2022 Theme 1 report by the Forest Declaration Assessment evaluates global progress toward two primary 2030 goals: ending the loss and degradation of natural forests and restoring 350 million hectares of degraded landscapes and forestlands. The report concludes that no global indicator is currently on track to meet these targets, though it identifies regional variations and specific country successes.
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Document type: Report
Forest Declaration Assessment
The 2022 Forest Declaration Assessment Theme 4 report evaluates global forest governance systems and their capacity to halt and reverse forest loss and land degradation by 2030. It finds that while some countries have implemented effective legal tools like moratoria and inclusive policies, overall progress is insufficient, with persistent issues including widespread corruption, tenure insecurity for Indigenous Peoples and local communities, and the rollback of environmental protections in several major tropical forest nations.
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Document type: Report
Why India’s New Coal Mines Won’t Solve its Power Crisis
This briefing by Global Energy Monitor argues that India's plans to expand coal mining capacity are unnecessary due to chronic underutilization of existing mines and the rise of renewables. The report highlights that new projects pose severe risks to tribal communities, forests, and water security while increasing the likelihood of stranded assets as India pursues a 2070 net-zero target.
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Document type: Briefing
The Agenda 2030 Compass
The Agenda 2030 Compass is a methodology and software tool developed by the Stockholm Environment Institute and Jernkontoret to help decision-makers assess the direct and indirect sustainability impacts of investments, policies, and strategies based on the UN Sustainable Development Goals (SDGs). It consists of a Context Mapper to identify SDG interactions in specific geographic or sectoral settings and a Strategy Analyser for workshop-based assessment of planned interventions.
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Document type: Report
Analysis of the plastic waste value chain in India
This scoping study by the Stockholm Environment Institute analyzes the plastic waste value chain in India, with a specific case study focus on Mamallapuram, Tamil Nadu. It maps the complex ecosystem of public and private stakeholders, evaluates the national and regional regulatory frameworks, and identifies barriers to effective implementation. The report highlights the critical role of the informal sector in achieving high recycling rates while noting significant gaps in waste segregation, funding for tourist destinations, and the lack of viable alternatives to single-use plastics. It also documents innovative repurposing techniques, such as using plastic waste for road construction and fuel production.
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Document type: Report
Independent Auditors’ Reports as Required by Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards and Government Auditing Standards and Related Information
This document contains the independent auditors' reports and consolidated financial statements for the World Resources Institute (WRI) and its subsidiaries for the fiscal years ending September 30, 2022, and 2021. The reports, prepared by Grant Thornton LLP, provide an unmodified opinion on the financial statements and compliance with federal award requirements under the Uniform Guidance.
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Document type: Report
The Indo-Pacific Economic Framework for Prosperity: A new approach to trade and economic engagement
The Indo-Pacific Economic Framework for Prosperity (IPEF) is a flexible, non-traditional economic initiative launched by the United States in May 2022 with 13 partner countries. Unlike traditional free trade agreements, the IPEF eschews tariff liberalization and market access, focusing instead on four pillars: a connected economy, a resilient economy, a clean economy, and a fair economy. While the initiative aims to reassert U.S. influence in the region, it faces challenges regarding the willingness of partners to commit to high standards and criticisms over the lack of U.S. concessions.
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Document type: Research paper
The good news and bad news of India’s race to 175 GW renewables
This report by Ember analyzes India's progress toward its 2022 renewable energy (RE) target of 175 GW and its 2030 target of 450 GW, highlighting a strong reliance on solar growth and significant disparities in progress across different states.
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Document type: Report
Advanced Chemistry Cell Energy Storage in India
This report examines India's Production Linked Incentive (PLI) Scheme for advanced chemistry cell (ACC) battery storage, focusing on the transition from planning to domestic manufacturing to support electricity and transportation decarbonization.
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Document type: Report
Transforming Trucking in India
This report by RMI outlines the economic and environmental case for adopting zero-emissions trucks (ZETs) in India, highlighting potential reductions in oil imports, carbon emissions, and air pollution by 2050, while discussing the path to cost parity with diesel vehicles.
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Document type: Report
FINANCING STEEL DECARBONIZATION INSTRUMENT ANALYSIS
The Financing Steel Decarbonization (FSD) instrument is a proposed mechanism designed to accelerate the adoption of low-carbon technologies (LCTs) in the steel sector, specifically targeting India. It combines a blended debt fund (SDF) to provide patient capital with a service company (SDI) that offers technical assistance and implementation support to de-risk projects.
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Document type: Report
GREEN AFFORDABLE HOUSING FINANCE INSTRUMENT ANALYSIS
The Green Affordable Housing Finance instrument, proposed by Reall and analyzed by the Climate Policy Initiative, is a two-pronged financial mechanism designed to catalyze the construction and ownership of green affordable homes. It combines an Enabling Environment Facility (EEF) for technical assistance and direct construction finance with a Guarantee Facility that de-risks construction and mortgage loans for local financial institutions. The instrument will be piloted in Kenya in 2023, targeting the gap in sustainable housing for low- and informal-income households, before scaling to Nigeria, Uganda, India, and Pakistan.
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Document type: Report
GREEN GUARANTEE COMPANY INSTRUMENT ANALYSIS
The Green Guarantee Company (GGC) is a specialist guarantor designed to help public and private sector borrowers in emerging and frontier markets access long-term hard currency debt from global institutional investors for climate adaptation and mitigation projects. Managed by the Development Guarantee Group (DGG), the GGC provides full guarantees for bonds and loans of 5-20 years, aligned with the Climate Bond Standard (CBS), to mitigate sovereign and currency risks. The instrument includes a Technical Assistance (TA) facility to build issuer capabilities and market readiness. The GGC aims to catalyze approximately USD 10 billion in commercial term debt over its first decade, targeting sectors such as energy, transport, water, buildings, and waste, with an initial pilot phase in South Africa.
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Document type: Report
Crude awakening
This briefing by Global Energy Monitor (GEM) analyzes the global expansion of crude oil pipeline infrastructure, detailing over 24,000 km of pipelines in development. The report highlights the financial costs, environmental impacts, and the risk of stranded assets as countries transition to renewable energy, noting that this buildout contradicts global climate goals to limit warming to 1.5°C or 2.0°C.
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Document type: Briefing
How RMI Is Accelerating Demand-Side Transformation to Deliver Ambitious Equitable Climate Outcomes for Buildings
This briefing by RMI outlines a demand-side strategy to decarbonize the buildings sector, which accounts for nearly 40 percent of global carbon dioxide pollution. The document advocates for a combination of full electrification, holistic energy efficiency retrofits, the reduction of embodied carbon in construction materials, and a commitment to equitable delivery for underserved communities.
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Document type: Briefing
Delhi’s Drive Towards Zero-Emissions Deliveries
This briefing by RMI describes the impact of the Delhi government's August 2020 EV policy and the 'Deliver Electric Delhi' pilot program. It highlights the environmental and economic benefits of electrifying final-mile delivery vehicles and outlines the policy mechanisms, such as fiscal incentives and technology-agnostic charging infrastructure, that led to a tripling of EV sales in the city.
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Document type: Briefing
Investor Perspectives on Accelerating Growth in the Indian EV Ecosystem
This report analyzes the drivers and barriers to investment within India's electric vehicle (EV) ecosystem, based on consultations with experts, policymakers, and investors, as well as an online survey.
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Document type: Report