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The report estimates that annual climate finance needs will rise to USD 6.2 trillion by 2030 and USD 7.3 trillion by 2050 to achieve Net Zero, while tracked global finance only surpassed USD 1 trillion for the first time in 2022. Transport and energy systems represent the largest investment needs, requiring at least USD 3.2 trillion and USD 2.1 trillion annually, respectively. The study highlights a significant disparity in finance distribution, with 75% of global spend concentrated in East Asia and the Pacific, Europe, and North America. It argues that public finance must act as a catalyst to mobilize private capital, particularly in developing economies where the cost of capital is significantly higher. While private sector commitments are growing—such as the 30 largest banks pledging USD 870 billion annually—the report notes that asset managers and owners have been slower to set quantifiable targets. Key recommendations include aligning stakeholder policies, supporting non-commercially viable technologies like CCUS and green hydrogen, and implementing just transition frameworks.

The Impact Financing Facility for Climate-Focused Social Enterprises is a first-loss default guarantee (FLDG) mechanism designed to bridge the USD 250 billion credit gap for MSMEs in India. Led by Villgro, the facility targets climate-focused social enterprises and their end-users who lack formal credit histories, providing them with collateral-free commercial debt twinned with technical assistance. A pilot conducted between 2021-23 with six enterprises demonstrated the instrument's viability with no defaults. The facility focuses on sectors including green energy, sustainable mobility, and waste management, with a specific emphasis on gender and circularity. It aims to graduate beneficiaries to independent commercial lending while achieving environmental targets, such as a 50,000 tCO2e reduction in emissions by 2028.

The Lendable Decarbonization Fund (LDF) is an innovative financial instrument designed to provide sustainability-linked loans (SLLs) to small and medium enterprises (SMEs) and middle market companies (MMEs) in emerging economies. By utilizing the proprietary Maestro technology for real-time monitoring, reporting, and verification (MRV), the LDF aims to reduce the administrative costs that typically prevent smaller firms from accessing SLLs. The fund also includes a Carbon Project Preparation Facility (CPPF) to provide technical assistance and grants for developing carbon offset projects. LDF targets an initial assets under management (AUM) of USD 250 million by year three and USD 500 million by year five, focusing on sectors such as energy access, energy efficiency, renewable energy, sustainable agriculture, and transport across Africa, Southeast Asia, South Asia, and Latin America.

Global power sector emissions plateaued in the first half of 2023, increasing by only 0.2%. While wind and solar generation grew and increased their share of the global power mix, a historic decline in hydropower due to droughts—particularly in China—prevented a more significant emissions drop. Low electricity demand in high-income economies further suppressed emissions growth.

The document argues that existing governance structures are insufficient to manage the disruptive trade-offs of the green transition. It proposes 'eco-social contracts'—frameworks for action that integrate social and ecological guarantees—to rebuild trust between citizens and states. The report examines policy tools such as Green Deals, degrowth, and circular economy models, while advocating for deliberative democratic mechanisms like citizens' assemblies and participatory budgeting to create a legitimate mandate for systemic change.

The report finds that oil- and gas-fired power plants in development increased by 13% in the last year to 783 GW, with Asia accounting for nearly two-thirds of this capacity. If built, these projects would cost an estimated US$611 billion and generate 41,239 million tonnes of CO2e lifetime emissions. The analysis highlights that China leads global development, while the United States possesses the largest existing capacity. The report further challenges the reliability of fossil fuels during extreme weather and notes that renewables with storage are now cheaper than gas-fired power in many regions, including China.

The report examines the global sugar cane sector, highlighting the role of voluntary sustainability standards (VSSs) in promoting resilience and sustainability. It analyzes how climate change, geopolitical conflicts, and government interventions distort market prices and affect the livelihoods of millions of smallholders. The document provides a detailed look at the value chain, where refiners and traders capture the most value, and suggests pathways for improving farmer incomes through diversification, better policy frameworks, and the expansion of sustainable sourcing.

The report analyzes India's vulnerability in the lithium supply chain, characterized by high import dependence and geographical concentration of production and processing in China. It forecasts a significant surge in lithium demand between 2022 and 2030, driven primarily by electric vehicles and grid storage. To mitigate risks, the report recommends a multi-pronged strategy: streamlining domestic exploration in states like Jammu and Kashmir, forming strategic partnerships with mineral-rich nations such as Australia and Argentina, leveraging state-owned enterprises like KABIL to support private sector offtake, and incentivizing the development of domestic lithium refineries and recycling infrastructure.

The report examines India's strategic position in the electric vehicle (EV) battery supply chain, identifying opportunities in mineral processing and cell manufacturing. It analyzes key investment drivers—such as guaranteed demand, infrastructure, and policy incentives—and evaluates India's comparative advantages, including low labor costs and a strong chemical sector, against challenges like critical mineral dependency and the need for more upfront capital subsidies to attract multinational firms.

The report finds that TotalEnergies' 2030 oil and gas production targets and carbon intensity are significantly higher than those required by the IEA's 1.5°C-aligned Net Zero Emissions (NZE) scenario. It highlights a substantial investment gap, noting that in 2022, the company invested more than three dollars in oil and gas for every dollar invested in its Integrated Gas, Renewables and Power division, while distributing over four dollars to shareholders for every dollar invested in that same division. The analysis concludes that the company's reliance on carbon capture and offsets, combined with continued expansion into unconventional resources like Arctic and ultra-deep water, poses a material risk to its ability to meet decarbonization targets.

The report examines how the perception of risk increases the cost of capital, thereby hindering renewable energy deployment in developing countries, particularly in Sub-Saharan Africa. It details the project development process from a developer's viewpoint, categorizes various investment risks, and analyzes RMT instruments—divided into policy and financial de-risking—designed to make projects financially viable by reducing the Weighted Average Cost of Capital (WACC) and increasing Net Present Value (NPV).

The document categorizes plastics-related instruments into government legislation, voluntary multistakeholder standards, and non-governmental initiatives. It identifies significant gaps in standards for upstream production and reuse systems, while noting a concentration of existing efforts in waste management. The authors argue for enhanced international cooperation to reduce regulatory fragmentation and improve inclusivity for developing countries, suggesting that a future global plastics treaty could drive the development of harmonized design and transparency standards.

The document identifies significant gaps in Africa's 'hard' (physical) and 'soft' (electronic) digital infrastructure, noting that limited wired connectivity and a lack of formal identity systems exclude large portions of the population from the digital economy. It recommends that the African Union establish continental regulatory forums to reduce policy fragmentation and that the African Development Bank prioritise wired, terrestrial networking to lower costs and increase reliability. To address 'last-mile' connectivity, the report suggests using blockchain-based social-impact bonds to attract private investment. Furthermore, it proposes adopting open-access identity and payment platforms based on the India Stack model and creating an African digital integration index to track progress.

The assessment of 17 G20 long-term strategies reveals that while most members have set net zero targets—predominantly for 2050—there is a significant lack of quantitative detail regarding climate finance and specific renewable energy targets. Most strategies prioritise decarbonisation in power, buildings, agriculture, industry, and transport, with hydrogen viewed as a key opportunity. France is the only member committing to phase out fossil gas and oil exploration on its own territory, and the UK is the only one including international aviation and shipping in its net zero target. To reach net zero, G20 countries aim to reduce 2019 emissions by an average of 72-81% by 2050, relying on carbon dioxide removal (CDR) for residual emissions.

The document analyzes the 'structural disjuncture' between the European Union's bilateral approach to international relations and the BRICS bloc's pursuit of an inclusive, South-South multilateral model. It argues that BRICS challenges the EU's historical hegemony in global governance, economic power, and trade policies. While the Russia-Ukraine war has further polarized the EU and BRICS, the author suggests opportunities for cooperation on the African Continental Free Trade Agreement (AfCFTA) and the energy transition.

Reclaim Finance analyzed 150 financial institutions and found that very few have adopted steel decarbonization targets, and those that have are characterized by significant flaws. Only 16 of 60 assessed banks have steel targets, most of which rely on intensity metrics rather than absolute emissions and exclude underwriting activities and Scope 3 emissions. The report argues that current targets are insufficient to prevent investment in high-carbon infrastructure, such as new blast furnaces and metallurgical coal mines.

The report identifies a critical policy gap where climate change, food insecurity, and national security are often addressed in silos. It argues that while the U.S. intelligence and military communities recognize these as top security concerns, current interventions remain focused on immediate humanitarian aid rather than long-term community resilience. The document recommends scaling up R&D, synchronizing agricultural emission cuts with food supply needs, and integrating geopolitical risks into strategic military and government planning to prevent global instability and conflict.

The report uses the Six Americas Super Short Survey (SASSY) to categorize Facebook users in 110 countries and territories into six groups: Alarmed, Concerned, Cautious, Disengaged, Doubtful, and Dismissive. The 'Alarmed' group is the largest in approximately 80 of the surveyed locations, with the highest percentages found in Chile (65%), Mexico (64%), Malawi (63%), Bolivia (62%), and Sri Lanka (61%). Conversely, the United States exhibits a higher proportion of 'Doubtful' and 'Dismissive' respondents (22%) compared to other major carbon emitters and is less 'Alarmed' (34%) than many of its peers. Regional analysis shows South America has the highest proportion of countries with a majority of 'Alarmed' respondents, while Southwest Asia and North Africa show higher levels of doubt or dismissal, particularly in Yemen (34%).

In December 2022, Northern and Eastern Sri Lanka experienced an unprecedented temperature drop to approximately 17C, caused by a cold front, smog, and pollution from India. This event devastated livestock farming, a primary income source for rural communities. The case study highlights the experience of Subramaniyam Kanahendran in the Vavuniya District, who lost 11 cattle, including a stud bull and several milking and pregnant cows, resulting in financial losses nearly 20 times his family's average monthly income. The document attributes the high mortality rate to the animals' poor nutritional status and inability to cope with temperature fluctuations, and it recommends improved nutritional management, weather-resilient infrastructure, and compensation mechanisms to build future resilience.

The document examines the challenges of implementing border carbon adjustments (BCAs), focusing on the need for international cooperation to standardize embedded emissions calculations, determine geographical exemptions, establish credits for foreign climate policies, and decide on the use of revenues. It evaluates various multilateral, regional, and bilateral venues for these discussions, noting that while the WTO is a primary site of tension, substantial multilateral progress is currently lacking.