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The Investment Facilitation for Development Agreement
The Investment Facilitation for Development Agreement (IFDA) is a plurilateral initiative involving over 110 WTO members aimed at streamlining foreign direct investment (FDI) through transparency and administrative efficiency. While much of the text is 'clean,' key disputes remain regarding the scope of obligations, the implementation of responsible business conduct (RBC) standards, and the legal architecture for integrating the agreement into the WTO framework. The agreement includes special and differential treatment (S&DT) for developing countries and least-developed countries (LDCs), modeled after the Trade Facilitation Agreement.
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Document type: Research paper
Enhancing Angola’s Access to Climate Finance on Sustainable Transport and Sustainable Landscape (AFOLU) Sectors
The document outlines a Readiness support project for Angola, implemented by the Global Green Growth Institute (GGGI). It aims to address gaps in data, technical capacity, and strategic frameworks that hinder Angola's access to climate finance. The project focuses on two high-emission sectors: sustainable transport, with an emphasis on e-mobility, and AFOLU, using a nexus approach. Key deliverables include a national climate finance strategy, a national e-mobility strategy, a Green Growth Potential Assessment, and the development of two bankable project concept notes for GCF submission. The project also includes regional and global knowledge exchange to share best practices in e-mobility.
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Document type: Report
Breathing Plastic
The document examines the ubiquity of airborne micro- and nanoplastics, detailing how they originate from diverse sources, travel long distances via the atmosphere, and enter the human body through inhalation and ingestion. It highlights the 'Trojan Horse' effect, where these particles carry toxic chemicals and pathogens into internal organs, potentially causing respiratory diseases, endocrine disruption, and developmental issues. The briefing concludes that current voluntary measures are insufficient and calls for legally binding global regulations to reduce plastic production and phase out hazardous chemicals.
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Document type: Briefing
Companies and Climate Change
The report evaluates corporate climate alignment using the CCIF, finding that while mitigation efforts (such as GHG reporting and renewable energy procurement) are common, there is a critical lack of detailed climate adaptation planning. Analysis of 483 debt issuers reveals that no company performed well across all three CCIF objectives, and only 14% have an adaptation and resilience plan. Sector-level data shows utilities as the highest performers in reporting and transition, while healthcare and automotive sectors suffer from significant data gaps. Case studies of companies in China, India, South Korea, and Singapore highlight the use of internal carbon pricing and science-based targets, but emphasize the need for better Scope 3 emissions tracking and quantitative physical risk assessments.
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Document type: Report
Compendio de directrices técnicas del Proceso de Aprobación Simplificado (SAP)
The compendium outlines the technical requirements and eligible activities for the Green Climate Fund's Simplified Approval Process (SAP), which is designed to reduce the time and effort for preparing, reviewing, and approving small-scale projects (up to USD 25 million) with minimal environmental and social risks. It provides sectoral guidelines for agriculture, ecosystems, water security, cities, energy efficiency, land use, REDD+, renewable energy, and transport, detailing how to achieve a 'paradigm shift' and measure impact using the GCF's Integrated Results Management Framework (IRMF).
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Document type: Guide
Recueil de directives techniques relatives au processus d’approbation simplifié (SAP)
The Green Climate Fund (GCF) has published a technical compendium to streamline the preparation of funding proposals under the Simplified Approval Process (SAP). The SAP is designed to reduce the time and effort required for the preparation, review, and approval of small-scale activities, specifically targeting developing countries, Least Developed Countries (LDCs), and Small Island Developing States (SIDS). To be eligible for SAP, projects must request a GCF contribution of no more than 25 million USD and present minimal or no environmental and social risks. The guide provides detailed sectoral frameworks for agriculture, ecosystems, water security, cities, energy efficiency, forestry, REDD+, renewable energy, and transport, outlining eligible activities, indicators for measuring impact, and examples of 'paradigm shifts' required for GCF investment.
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Document type: Guide
Cambios en el contexto y dinámica de la iniciativa relativa a la Declaración Conjunta sobre el Comercio Electrónico de la OMC
The report provides a comprehensive stocktake of the WTO Joint Statement Initiative (JSI) on E-commerce as of December 2022. It highlights a shift toward a less ambitious agreement for the 13th Ministerial Conference (MC13), focusing on resolved trade facilitation issues while deferring controversial market access topics. The document analyzes the impact of increasing national digital regulation, the rise of flexible Digital Economy Agreements (DEAs), and the revitalized WTO Work Programme's focus on the digital divide. It details the structural changes in the December 2022 consolidated text (INF/ECOM/62/Rev.3), including the removal of the 'Market Access' section and the creation of an 'Annex' for low-support proposals. While 10 articles have reached 'clean' or 'convergent' status, significant gaps remain regarding cross-border data flows and source code. The report concludes that 2023 will be a critical year for finalizing a simplified agreement.
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Document type: Report
SWISS FINANCE COMPLICIT IN FOSSIL FUEL EXPANSION
The report finds that five major Swiss financial institutions—UBS, Credit Suisse, Swiss Life AM, Zurich, and Pictet—continue to provide billions in financing and investments to companies expanding coal, oil, and gas production. Despite public net-zero pledges, the authors argue these institutions maintain weak policies with significant loopholes, engage in 'net-zero greenwashing,' and send mixed signals through inconsistent voting practices at shareholder meetings.
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Document type: Report
Strategic Plan for ADVANCING ENERGY EFFICIENCY ACROSS DEMAND SECTORS BY 2030
The Strategic Plan for Advancing Energy Efficiency Across Demand Sectors by 2030 outlines a framework for G20 countries to double the global annual rate of energy intensity improvement. It focuses on five pillars: buildings, industry, transport, financing, and behavioral change. The plan argues that energy efficiency is the 'first fuel' for the energy transition and proposes specific high-impact opportunities, such as rethinking building codes (RENEW), scaling motor efficiency for SMEs (SME²), and aggregating energy services (FAST). It emphasizes the need to triple annual energy efficiency investments to approximately USD 840 billion by 2030 and highlights the potential of the Indian 'Lifestyle for Environment' (LiFE) initiative to reduce global CO2 emissions by 2 billion tonnes by 2030.
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Document type: Report
Independent Synthesis of Direct Access in the Green Climate Fund
The GCF's direct access modality, primarily operationalized through institutional accreditation, has largely failed to enable a diverse range of national entities to access funding at scale. While the number of Direct Access Entities (DAEs) has grown, the portfolio remains highly concentrated among a few well-resourced financial institutions, with 63% of DAEs having no approved projects. The report finds that the high transaction costs of accreditation and project design favor high-capacity institutions, while support mechanisms like the Readiness and Preparatory Support Programme (RPSP) and Project Preparation Facility (PPF) have not effectively leveled the playing field. Implementation challenges for DAEs are similar to those of International Accredited Entities (IAEs), though DAEs show better adaptability to national governance disruptions. The report recommends diversifying access pathways beyond accreditation, clarifying the strategic vision for direct access, and enhancing implementation support.
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Document type: Report
Energy markets one year after the Ukraine invasion
One year after the invasion of Ukraine, the EU has substituted nearly 75% of Russian gas imports and seen wind and solar generate a record 22% of its electricity in 2022. Globally, gas demand is forecast to peak by the end of the decade, with 88% of electricity demand growth to 2025 expected to be met by renewables. While renewable energy saved billions in fossil fuel costs, high gas and coal prices drove 90% of the global increase in electricity costs in 2022. Russia faces significant financial losses from sanctions, including a USD 25 billion public deficit in January 2023, while EU industrial production grew by over 2% on average despite a 15% drop in industrial gas demand.
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Document type: Fact sheet
GCF Water Project Design Guidelines Part 2
The GCF Water Project Design Guidelines Part 2 outlines a structured approach to developing investment-oriented water projects that address climate change. It details the specific requirements and recommended measures for four key areas: Integrated Water Resource Management (IWRM), Water, Sanitation and Hygiene (WASH), Drought Risk Management, and Flood Risk Management. The guide emphasizes the need for a strong climate science basis, the use of specific analytical tools, and the implementation of both 'grey' and 'green' infrastructure. Special attention is given to Small Island Developing States (SIDS), highlighting their unique vulnerabilities to sea-level rise and freshwater scarcity. The document also provides a framework for assessing project impact, paradigm shift potential, and sustainable development co-benefits to align with GCF's strategic goals.
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Document type: Guide
Report on the activities of the Independent Integrity Unit
The Independent Integrity Unit (IIU) report details its activities from September 2022 to February 2023, focusing on investigation efficiencies, policy development, and risk mitigation. During this period, the IIU opened nine new cases, including three project-related and six staff misconduct cases, while closing 11 cases in total. Key operational advancements include the development of a draft Investigation Manual, the issuance of three Management Implication Reports, and the creation of an automated referrals tracker for Accredited Entities and Delivery Partners. The Unit is also operationalising the Administrative Remedies and Exclusion (ARE) Policy through four secondary documents. To enhance risk detection, the IIU expanded its machine learning capabilities, integrating significantly more data into its Integrity Due Diligence Platform and applying a Red Flag Detection Workflow to the Readiness Programme. Additionally, the IIU provided technical assistance to Mongolia and engaged in international forums at COP27 to discuss the intersection of corruption and climate change.
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Document type: Report
Enhancing Vanuatu’s Ability to Seek Accreditation and Direct Access to the GCF – Phase 2
The document outlines a 24-month project implemented by the Global Green Growth Institute (GGGI) to address technical and institutional barriers preventing Vanuatu from accessing direct climate finance. The project focuses on developing an NDA Project Development Handbook, a national accreditation strategy, and strengthening the capacity of the Ministry of Finance and Economic Management (MFEM) to meet GCF fiduciary, environmental, social, and gender standards. Additionally, it aims to develop two high-quality project concept notes and a pre-feasibility study to build a paradigm-shifting investment pipeline.
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Document type: Report
Establishing the Framework to Facilitate Licensing of New Nuclear Projects in Embarking Countries
The report argues that embarking countries face significant human and financial resource constraints when establishing the regulatory infrastructure required for nuclear licensing. To address this, it proposes the creation of an International Technical Support Organization (ITSO)—an independent body funded primarily by vendor nations—to provide technical reviews, inspection assistance, and training. Additionally, it advocates for a streamlined licensing model where embarking countries voluntarily accept design reviews conducted by other competent regulators to avoid duplicative processes and preserve the economic benefits of modular reactor standardization.
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Document type: Report
Corporate Climate Responsibility Monitor 2023
The 2023 Corporate Climate Responsibility Monitor evaluates 24 multinational companies, finding that 15 of them have climate strategies of low or very low integrity. Key issues include ambiguous net-zero pledges, insufficient 2030 targets that fall short of 1.5°C pathways, and a heavy reliance on non-permanent biological carbon offsets. While emission disclosure transparency is moderate, the report highlights a critical '2030 blind spot' where corporate commitments do not match the required global reductions of 43-48% by 2030. The authors advocate for a shift from offsetting to a 'climate contribution' approach and call for tighter regulatory oversight to ensure corporate accountability.
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Document type: Report
Iniciativa Conjunta sobre Facilitación de las Inversiones para el Desarrollo de la OMC: Avances desde 2022 y el camino hacia la CM13
The document provides a detailed analysis of the draft Agreement on Investment Facilitation for Development (IFD), which is being negotiated by over 110 WTO members. It breaks down the agreement into seven sections: scope and general principles, transparency, administrative streamlining, coordination and cooperation, special and differential treatment for developing countries, sustainable investment, and institutional provisions. The report highlights significant progress made in 2022, such as the consensus on foreign direct investment (FDI) as a core focus and the inclusion of home-state transparency measures. However, it identifies several pending issues, including the definition of 'enterprise', the treatment of e-commerce measures, and the specific timelines for developing countries to implement obligations. It also discusses three potential legal architectures for integrating the IFD into the WTO framework: as a multilateral agreement (Annex 1), a plurilateral agreement (Annex 4), or through coordinated lists in existing GATT and GATS agreements.
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Document type: Report
L’Initiative conjointe de l’OMC sur la facilitation de l’investissement pour le développement : évolution de la situation depuis 2022 et feuille de route en vue de la CM13
The document details the current state of the WTO's Joint Statement Initiative on Investment Facilitation for Development, outlining the draft agreement's structure across transparency, administrative simplification, and sustainable investment. It highlights key points of contention, such as the scope of investments covered and the specific timelines for Special and Differential Treatment (S&DT) for developing nations, while proposing a path toward legal integration into the WTO framework.
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Document type: Report
The Joint Initiative on Investment Facilitation for Development: Evolution from 2022 and the road to MC13
The report analyzes the progress of over 110 WTO members negotiating the Investment Facilitation for Development Agreement (IFDA). It details the draft's core pillars—transparency, administrative streamlining, and international cooperation—while highlighting the critical role of Special and Differential Treatment (S&DT) for developing countries and LDCs. The document outlines outstanding issues, such as the scope of e-commerce and the legal architecture for integrating the agreement into the WTO framework, and notes the 2023 roadmap focusing on needs assessments and outreach to non-members.
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Document type: Report
The Open Government Partnership and Anti-Corruption in Conservation: Templates for Collective Action
The document argues that the Open Government Partnership (OGP) is an underutilized platform for conservationists to drive transparency, participation, and accountability in natural resource governance. It provides three specific templates for creating OGP commitments: beneficial ownership transparency to combat deforestation, openness and integrity in wildlife law enforcement, and participatory governance for Marine Protected Areas (MPAs). The guide emphasizes that these reforms help prevent 'open washing' by using multi-stakeholder forums and independent reporting to track government progress.
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Document type: Guide