About this Discussion

According to the IPCC, the concentration of greenhouse gases in the earth’s atmosphere is directly linked to the average global temperature on Earth, and the concentration has been rising steadily. The most abundant greenhouse gas, accounting for about two-thirds of greenhouse gases, carbon dioxide, is largely the product of burning fossil fuels. 

There is alarming evidence that important tipping points, leading to irreversible changes in major ecosystems and the planetary climate system, may already have been reached or passed. One of the most urgent challenges facing countries across the world today is how to achieve economic prosperity and development while also combating climate change.

The Paris climate change agreement commits nations to limit global temperature rise to no more than 2°C above pre-industrial levels, with countries pledging to cut or curb their greenhouse gas emissions – through a combination of mitigation and adaptation measures – by 2030. 

Climate Change

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In the latest ClimateBiz podcast, IFC experts talk about what's in store in 2021. Experts in energy, buildings, transport, waste, and natural capital chime in! They talk about the transition from grey to green hydrogen, increased investment in carbon capture and storage, electric vehicles, the circular economy, and more!

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https://www.ifc.org/wps/wcm/connect/topics_ext_content/ifc_external_corporate_site/climate+business/...
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Created a Post in Climate Change

Climate Action Is Embedding Into How the World Works
2020 showed how the world can stick to being bold on climate, even as it deals with a bigger crisis

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https://www.bloomberg.com/amp/news/articles/2021-01-05/climate-action-is-embedding-into-how-the-worl...
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Top scientists warn of 'ghastly future of mass extinction' and climate disruption

The planet is facing a “ghastly future of mass extinction, declining health and climate-disruption upheavals” that threaten human survival because of ignorance and inaction, according to an international group of scientists, who warn people still haven’t grasped the urgency of the biodiversity and climate crises.

The 17 experts, including Prof Paul Ehrlich from Stanford University, author of The Population Bomb, and scientists from Mexico, Australia and the US, say the planet is in a much worse state than most people – even scientists – understood.

“The scale of the threats to the biosphere and all its lifeforms – including humanity – is in fact so great that it is difficult to grasp for even well-informed experts,” they write in a report in Frontiers in Conservation Science which references more than 150 studies detailing the world’s major environmental challenges.

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https://www.theguardian.com/environment/2021/jan/13/top-scientists-warn-of-ghastly-future-of-mass-ex...
Carbon Disclosure Project(CDP), European Investment Bank(EIB)

By highlighting the enormity of the challenge to decarbonize our economy and tackle our environmental crisis, COVID-19 has focused attention on the urgent need for a green recovery. Unprecedented EU funding will fuel it, while a new 2030 emissions target will take real and rapid changes to the way… Read More

Sonam Sahu commented on Sonam Sahu's Post in Cities and Urban Development, Climate Change

Example from Indonesia - How nature-based and green infrastructure solutions are helping increase city’s resilience while providing co-benefits such as environmental sustainability and eco-tourism.

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https://blogs.worldbank.org/eastasiapacific/indonesia-enhancing-urban-flood-resilience-investments-h...
Climate Finance Leadership Initiative(CFLI), Association of European Development Finance Institutions(EDFI), Global Infrastructure Facility(GIF)

The Climate Finance Leadership Initiative (CFLI), in partnership with the Association of European Development Finance Institutions (EDFI) and the Global Infrastructure Facility (GIF), has released a working paper on strengthening investment conditions for private climate finance… Read More

Global investment in mangrove regeneration could return $11.8 billion by 2040. This report provides investment decision-makers with a business case to invest in mangrove restoration and identifies 40 cities which account for nearly 70% of global mangroves to create a global safety net.

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https://earthsecurity.org/report/financing-the-earths-assets-the-case-for-mangroves/

Created a Post in Climate Change

Research says that most countries will exhaust their allowed emissions space for the entire 21 st century by 2030. Only India, by implementing its most ambitious efforts by 2030, could be in line with the Paris Agreement's 1.5 °C target.

Read on, to see the USA, UK, China, and other bigger economies' mitigation contributions under the Paris Agreement goals.

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https://www.sciencedirect.com/science/article/abs/pii/S1462901117302502

Created a Post in Climate Change

The Paris Agreement calls for common but differentiated responsibilities for tackling the climate crisis. Although the goal is clear, the approach is still not. Read how international financial transfers guided by moderate deviations from uniform carbon pricing could achieve the goal.

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https://www.nature.com/articles/s41586-020-2982-5