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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Created a Post in Climate Change

Great new study just out by Harro van Asselt and Tom Moerenhout, "Fit for Purpose? Towards trde rules that support fossil fuel subsidy reform and the clean energy transition." The report makes concrete recommendations for WTO reforms that would support a reducation in fossil fuel subsidies.

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https://www.iisd.org/publications/fit-purpose-trade-fossil-fuel-subsidy-reform

This 'NDC Update Report December 2020' features perspectives on how COVID-19 is impacting climate action from the NDC Partnership, Climate Analytics, SouthSouthNorth, FAO, BUND, and WRI

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https://newclimate.org/2020/12/07/ndc-update-report-december-2020/

Created a Post in Climate Change

The World Bank Group announced 35% finance target to have climate co-benefits over the next five years, replacing previous target 28% by 2020. The World Bank – IBRD and IDA – will also seek to ensure that 50% of this financing supports adaptation and resilience.

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https://www.worldbank.org/en/news/press-release/2020/12/09/world-bank-group-announces-ambitious-35-f...
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Created a Post in Climate Change

‘When I was a teenager I had these terrible nightmares that the world was on fire’: reflections from Mark Campanale and Nick Robins
The inventors of ‘unburnable carbon’ discuss their journey so far, and what the rest of the decade has in store.

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https://www.responsible-investor.com/articles/when-i-was-a-teenager-i-had-these-terrible-nightmares-...

Created a Post in Climate Change

Congratulations to Nepal and Tonga for submitting their #2020NDCs! Learn more about the new or updated NDCs already submitted by 19 countries on Climate Watch’s tracker

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https://www.climatewatchdata.org/2020-ndc-tracker
Climate Action in Financial Institutions Initiative

On 11 December 2020 at 16:00 (CET), the Climate Action in Financial Institutions Initiative is organizing a high-level online public conference 'Mainstreaming Climate to Align with Paris' to mark its 5-year Anniversary on the sidelines of the Climate Ambition Summit 2020. Read More

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The direct climate impact of the coronavirus lockdown has lowered 2050 temperature projections by a “negligible” 0.01C, the UN has revealed.

A green economic recovery from the pandemic could, however, make a substantial difference, according to the UN Environment Programme (Unep) annual emissions gap report, potentially reducing greenhouse gas emissions by 25% over the next decade and putting the world on track to meeting the Paris agreement’s goal of keeping temperatures within 2C of pre-industrial levels.

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https://www.theguardian.com/environment/2020/dec/09/covid-lockdowns-will-only-lower-2050-temperature...
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New update from UNESCAP on 'Progress of NDC Implementation in Asia-Pacific'. Learn about Vietnam's new emissions trading scheme, Tbilisi's (Georgia) Sustainable Urban Transport Strategy, Bangladesh's Climate Trust Fund (BCCTF), Mongolia's more ambitious GHG emissions reduction target for 2030 (14 percent higher compared to the 2015 BAU scenario) and related renewable energy policy, and Fiji's use of green bonds for NDC implementation. Overall, countries have started to engage in implementing their NDCs and enhancing climate action, to varying degrees, but many are still in the early stages of creating the enabling framework conditions for successful climate action.

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https://www.unescap.org/resources/progress-ndc-implementation-asia-pacific-framework-and-preliminary...

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Nigeria
International Finance Corporation(IFC), Kobo360

IFC, a member of the World Bank Group, in partnership with Kobo360, an African digital logistics platform, today announced an open call for innovators from around the world to bring climate-smart, temperature-controlled logistics (TCL) cooling solutions to Nigeria to help the country address food… Read More