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Addressing Liquidity Challenges
The paper argues that the corporate concept of solvency is inapplicable to sovereign states, suggesting instead that debt sustainability should be the anchoring concept for liquidity discussions. It identifies three interpretations of liquidity challenges: as a contrast to solvency, as rollover risks, and as a gap in financing for long-term investments. The authors highlight a prevalent "too optimistic" bias in sustainability assessments, which delays necessary debt restructurings. They recommend that debtor countries prioritize creating fiscal space through restructuring and that the international community enhance transparency via multistakeholder forums to align debt sustainability analyses with climate and development investment needs.
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Document type: Research paper
Fitting the Pieces of the Puzzle
The research paper identifies six recurring themes in due diligence regulations: risk management, transparency, traceability, legality, accountability, and stakeholder engagement. It highlights the challenges faced by Global South actors and SMEs in complying with these often unilaterally developed laws. The author suggests a 'smart-mix' approach, where voluntary sustainability standards (VSSs) and digital tools (such as satellite imagery and traceability platforms) complement public policies to reduce the compliance burden.
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Document type: Research paper
How Can World Trade Organization Rules and Flexibilities Promote Food Security in Least Developed Countries?
The document argues that while WTO rules provide significant policy space for LDCs to invest in agriculture through the 'Green Box' and 'Development Box', the primary barrier to increasing agricultural productivity is a lack of fiscal space rather than regulatory constraints. It suggests that new WTO rules should focus on reducing trade-distorting 'Amber Box' subsidies in developed and large developing countries to make LDC agriculture more competitive and attractive to private investors. Additionally, it recommends improving LDC market access by simplifying sanitary and phytosanitary (SPS) and technical barriers to trade (TBT) measures and expanding duty-free market access for key agricultural exports.
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Document type: Policy brief
Comment les règles et les flexibilités de l’Organisation mondiale du commerce peuvent-elles promouvoir la sécurité alimentaire des pays les moins avancés ?
The document argues that while WTO rules provide significant policy space for LDCs to invest in agriculture through 'Green Box' and 'Development' categories, these countries are primarily constrained by fiscal limitations rather than trade rules. It suggests that food security in LDCs can be improved by reducing trade-distorting 'Amber Box' subsidies in developed nations for key products like cotton and rice, and by easing non-tariff barriers and import duties to stimulate LDC exports.
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Document type: Policy brief
SCORECARD 2024 PRIVATE EQUITY CLIMATE RISKS
The 2024 Private Equity Climate Risks Scorecard reveals that 21 analyzed private equity firms are responsible for an estimated 1.17 gigatons of annual emissions from upstream operations, LNG terminals, and coal plants. The report argues that the industry's lack of transparency and continued investment in fossil fuels obstruct the global transition to a 1.5°C warming scenario. It ranks firms from 'B' to 'F', with EIG Global Energy Partners receiving the lowest grade due to its high emissions and low alignment with climate demands. The authors call for mandatory disclosures and a just transition for workers and impacted communities.
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Document type: Report
FOR A FEW DOLLARS MORE
The report finds that the majority of Lloyd's managing agents lack formal policies to stop underwriting new fossil fuel projects, contradicting the market's net-zero goals. While some have restricted coal, very few have restricted oil and gas, and none have restricted LNG export terminals. The analysis identifies specific deals where Lloyd's syndicates provided coverage for major US coal mines, Arctic oil and gas assets, and US LNG terminals.
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Document type: Report
Making good on financial sector net zero commitments
The report examines the gap between high-integrity net zero standards—such as those from the UN High-Level Expert Group (HLEG)—and the actual practices of corporations and financial institutions (FIs). It identifies significant shortcomings in target coverage, fossil fuel phase-out policies, and the credibility of transition plans. The authors argue that voluntary commitments are often unrealistic without government intervention and propose a 'road to regulation' consisting of an 'accountability lane' for oversight and an 'ambition lane' to translate voluntary pledges into economy-wide policy mandates.
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Document type: Report
Carbon Markets – Trade, Climate, and Net Zero Pathways: Scenarios and Implications for Developing Countries and Climate-Resilient Development
The document provides an overview of three types of carbon markets: compliance-based, voluntary, and multilateral-based (Article 6 of the Paris Agreement). It highlights the growth of government-led markets, which generated $104 billion in 2023, while noting the severe integrity crisis and subsequent investment decline in voluntary carbon markets. The author discusses how countries manage competitiveness through tools like free allowances and output-based pricing, and details the emerging landscape of Article 6 bilateral agreements. For developing countries, the report identifies a tension between the need for climate finance and the risks of 'greenwashing' and fiscal instability.
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Document type: Briefing
Third Brief on NCQG simplified negotiation options
The briefing provides a comprehensive table of condensed negotiation options for the NCQG, covering its preamble, quantitative and qualitative structure, temporal scope, contributor base, and transparency arrangements. It synthesizes submissions from various Parties and groups to streamline the decision-making process for the CMA6.
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Document type: Briefing
Ambición en la década crítica: Guía para el fortalecimiento de las NDC
The document outlines a 'Decalogue of Ambition' for NDCs, emphasizing the need for science-based emission reductions, sector-specific targets, and a transition away from fossil fuels. It details requirements for mitigation, including a 43% global reduction by 2030, and adaptation, focusing on climate resilience in agriculture, health, and infrastructure. The guide also stresses the importance of just transition, gender equality, and the mobilization of finance from developed to developing nations.
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Document type: Guide
Powering people, protecting the planet
The report argues that the global push to triple renewable energy capacity must prioritize the quality of investments over quantity to avoid 'green extractivism'. It introduces three core criteria for public finance: driving a 100% renewable future by phasing out fossil fuels, ensuring democratic energy systems through grants and decentralization, and centering human rights and nature. The document criticizes multilateral development banks (MDBs) for continuing to fund fossil gas and relying on debt-creating loans rather than grants. Through case studies in India, Kenya, Rwanda, Tanzania, and Indonesia, it contrasts the harms of large-scale, profit-driven projects with the benefits of community-led, small-scale renewable energy solutions.
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Document type: Report
TOWARD A HEALTHY PLANET: A ONE HEALTH APPROACH TO CONSERVATION
The report argues that the 'environment' pillar of One Health is often under-prioritized and proposes six key strategies—landscape immunity, wildlife trade regulation, preventive medicine, pathogen monitoring, sustainable livestock management, and behaviour change—to reduce zoonotic spillover and spillback. It emphasizes transdisciplinary collaboration, gender equity, and the inclusion of Indigenous Peoples and local communities to create resilient ecosystems and improve public health outcomes.
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Document type: Report
Report on the activities of the Information Appeals Panel
The Information Appeals Panel (IAP) reported on its activities between June and October 2024, focusing on a single appeal (IDP/2024/C004) filed by the Interamerican Association for Environmental Defense. While the IAP ruled that the GCF Secretariat did not deny information regarding a midterm evaluation report for project FP089—as the report was available via the Food and Agriculture Organization (FAO) website—it criticized the Secretariat for significant delays in responding to the request. The IAP recommended increasing human resources for information disclosure to at least two headcounts and strengthening the Information Disclosure Policy (IDP) to clarify the GCF's ultimate accountability for publishing monitoring and evaluation reports, regardless of whether they are hosted by Accredited Entities.
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Document type: Report
Status of the GCF pipeline, including the status of Project Preparation Facility requests
As of 31 August 2024, the GCF pipeline consists of 274 concept notes and 65 funding proposals requesting USD 16.7 billion in GCF funding. The Secretariat is implementing optimization measures to address an 'aged pipeline' where a significant portion of proposals have shown no progress for over six months. The report also details the status of the Project Preparation Facility, the Simplified Approval Process, and the Project-Specific Assessment Approach pilot.
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Document type: Report
Unlocking Clean Power for All
While solar PV and onshore wind are now the cheapest new power generation options in many countries, substantial barriers remain in emerging and developing economies. To achieve the COP 28 goal of tripling renewable capacity by 2030, the report advocates for targeted public financial measures including concessional finance, grid modernization, and fossil fuel subsidy reform, supported by increased international transfers.
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Document type: Report
Human Rights of Older Persons and Climate Change
The document examines the unique vulnerabilities of older people to climate change, noting that by 2050 up to 250 million older adults may face dangerously high temperatures. It highlights a lack of binding international agreements to safeguard their rights and references a 2024 European Court of Human Rights ruling regarding the Swiss Parliament's failure to protect older women. The paper concludes that older adults are a vital resource for climate action due to their economic power and local environmental knowledge.
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Document type: Research paper
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
The World Resources Institute (WRI) and its subsidiaries underwent an independent audit for the fiscal year ending September 30, 2024. The auditors issued an unmodified opinion on the consolidated financial statements and compliance for major federal programs. WRI reported total assets of $538,365,898 and total net assets of $489,378,797. The organization operates across seven critical issues, including climate, energy, and forests, with a significant portion of its funding coming from foreign governments (46% of receivables) and foundations (32% of receivables). The audit found no material weaknesses in internal control over financial reporting or compliance for the 2024 period.
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Document type: Report
Our guide to the UN Biodiversity Conference (CBD COP16)
The UN Biodiversity Conference (CBD COP16), held in Cali, Colombia, focuses on delivering the Kunming-Montreal Global Biodiversity Framework, which aims to "halt and reverse" biodiversity loss by 2030. Key negotiations center on National Biodiversity Strategies and Action Plans (NBSAPs), monitoring mechanisms, and resource mobilization, specifically the goal for high-income countries to provide USD 30 billion to low-income countries by 2030 via the Global Biodiversity Framework Fund (GBFF). The conference emphasizes the role of Indigenous Peoples and local communities under the theme "Peace with Nature."
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Document type: Guide
EU battery storage is ready for its moment in the sun
The EU is experiencing a surge in solar and wind power, which frequently exceeds demand during peak hours, leading to price volatility and negative electricity prices. While renewables are growing, the lack of system flexibility—such as battery storage and interconnectors—forces a continued reliance on fossil fuels during evenings and early mornings. The report highlights that by 2030, excess wind and solar power could reach 183 TWh across the EU, potentially saving €9 billion in annual gas costs if shifted effectively. It specifically notes Germany's role as a leader in battery capacity and suggests that further additions could significantly displace hard coal and gas. The document recommends removing regulatory barriers to co-location, implementing national flexibility strategies in National Energy and Climate Plans (NECPs), and establishing a comprehensive EU strategy for clean flexibility.
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Document type: Report
From key emission reduction measure to greenwashing strategy
The report finds that while regenerative agriculture is widely adopted in the communications of 24 out of 30 analyzed multinational food and agriculture companies, it lacks a common definition and scientific rigor. The analysis suggests that companies often conflate emission reductions with removals, overstate the potential of soil carbon sequestration, and use 'regenerative grazing' to justify unsustainable livestock production levels. Ultimately, the report argues that current corporate applications of regenerative agriculture lack the ambition to significantly impact climate mitigation and often serve as a layer over business-as-usual practices rather than a systemic redesign of food production.
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Document type: Report