The future role of the Adaptation Fund in the international climate finance architecture

Parties will take important decisions about the future of the Adaptation Fund at COP 24 in Katowice, Poland. This paper provides recommendations for those negotiations specifically regarding the Fund’s operating modalities including future mobilization of sources of finance; safeguards; and governance. Read More

Aligning Investments with the Temperature Goal of the Paris Agreement

This working paper assesses how Multilateral Development Banks can support the global temperature goal of the Paris Agreement. It illustrates how the banks could strengthen existing tools to align their portfolios and activities with the globally agreed mitigation goal. Other finance institutions can also profit from many of the approaches included in the paper. Read More

Crediting Forest-related Mitigation under International Carbon Market Mechanisms

This discussion paper explores environmental risks from the inclusion of forest offset credits in the Paris Agreement’s Article 6 and CORSIA, and examines approaches to address such risks. A number of challenges surrounding environmental integrity notably baseline determination, additionality, permanence, and leakage are discussed as well as environmental and social safeguards in forest mitigation initiatives. Read More

Bridging the emissions gap – The role of non-state and subnational actors

This publication is a pre-release version of a chapter in the forthcoming UN Environment Emissions Gap Report 2018. It provides an assessment of the role and potential impact of mitigation actions by non-state and subnational actors such as cities, states, regions, companies, investors and foundations. Read More

Global climate action from cities, regions and businesses

This report is the most comprehensive assessment of these non-state actor commitments to reduce greenhouse gases to date. Key results show that action by cities, states, regions and business can go a long way towards meeting the goals of the Paris Climate Agreement, but their actions alone are not enough to hold global temperature increase to well-below 2°C and work towards limiting it to 1.5° C. Read More

Setting the Paris Agreement in Motion: Key Requirements for the Implementing Guidelines

With the December 2018 deadline to operationalize the Paris Agreement looming, climate negotiators are faced with the herculean task of pulling together volumes of draft notes and the disparate views of negotiating blocs into comprehensive implementing guidelines to be adopted later this year. A new paper from the Project for Advancing Climate Transparency provides both an overarching vision and practical suggestions for what should be included in the main pillars of the implementing guidelines of the Paris Agreement.  Read More

Tunisia: Derisking Renewable Energy Investment 2018

The objective of this study is to analyse the most cost-effective public derisking measures to promote private sector investment in large-scale wind energy and solar photovoltaic (PV) in Tunisia. The study performs a quantitative, investment-risk informed modelling analysis. Modelling data has been obtained from structured interviews with private sector investors and developers. Read More

Opportunities and safeguards for ambition raising through Article 6

In this paper, we discuss the ambition raising implications to engage in voluntary cooperation under Article 6 for the originating Parties. The paper shows why Article 6 should focus on driving mitigation in otherwise inaccessible abatement options and why it is critical that support should only last for a limited time period, after which own action must kick-in. Read More

The EU can increase its climate targets to be in line with a global 1.5°C target

This project analyses best practice policies across Europe and how far extending them to all EU member states could support EU Greenhouse Gases (GHG) and energy targets. It finds that the EU can go much further than its current commitments in terms of GHG reductions: it has the potential to reach -55% to -62% below 1990 by 2030, consistent with the Paris commitment of staying “well below 2°C, pursuing 1.5°C”. Read More

Paris Tango. Climate action so far in 2018: individual countries step forward, others backward, risking stranded coal assets

Climate Action Tracker has updated our assessments of 23 of the 32 countries whose development on climate action we track. While some progress has been made since November, most governments’ policies are still not on track towards meeting their Paris Agreement commitments, many of which are in themselves far from sufficient to keep warming to the agreed 1.5˚C warming limit. Our assessments point to an urgent need for governments to scale up both their policies and targets to bring them more in line with a pathway to limiting warming to 1.5˚C. Read More

Achieving the ambition of Paris: Designing the global stocktake

The Project for Advancing Climate Transparency (PACT) consortium supports the design and development of robust and effective transparency and accountability rules and processes for the Paris Agreement on climate change. This working paper explores the global stocktake created by the Paris Agreement and the design of the modalities, procedures, and guidelines that will govern the implementation of the global stocktake. Read More

Update: GHG mitigation scenarios for major emitting countries – an overview of recently adopted policies

NewClimate Institute, PBL Netherlands Environmental Assessment Agency and IIASA present an overview of on climate and energy policies in 25 major emitting countries and regions that have been adopted since July 2017. The policy information compiled by in this document supplements the earlier 2017 update report on the projected greenhouse gas emissions under currently implemented policies and mitigation commitments in 25 countries and regions. Not only the qualitative descriptions of policies but also their possible implications on greenhouse gas (GHG) emissions projections in 2030 are provided whenever available. Read More

For the Talanoa dialogue: Input from the Climate Action Tracker

The Climate Action Tracker (CAT) with this paper is pleased to have the opportunity to provide input to the Talanoa Dialogue. Climate Action Tracker assesses countries’ mitigation targets and actions and aggregates them at the global level. This submission focuses on global results, country level information is available on climateactiontracker.org. Read More