69 results found

From Rhetoric to Reality: Investigating Financial Institutions' Net Zero Portfolio Commitments
Publication date 18 Sep 2023

Financial institutions increasingly commit to net zero portfolio targets. Our analysis questions their internal climate value and their real-world impact. Instead, we recommend that financial institutions focus on supporting the transition of economies and economic actors.

The little book of City Climate Finance
Publication date 31 Aug 2023

"The Little Book of City Climate Finance" is a guidebook designed to help Chinese stakeholders at the city/regional finance their climate mitigation and adaptation efforts.

Climate investment in the food & agriculture sector in Latin America - The cases of biochar and protein transition in Argentina
Publication date 28 Jul 2023

This report is part of a report series looking into investments needed to meet the climate mitigation objectives of the Paris Agreement in Latin America and the Caribbean with this edition focusing on the agriculture and food sector

Not all ETF providers are made the same
Publication date 06 Jul 2023

Passive investing is on the rise, but retail investors should be aware of the differences in the way asset managers handle corporate stewardship and choose an asset manager that aligns with their values to ensure that passively invested capital is not supporting carbon-intensive business models. Passive investing is on the rise (see Figure 1) for good reason. With low costs and well-diversified options like Exchange Traded Funds (ETFs), it is no wonder that many investors are turning to passive investment products. However, as more and more investors jump on the passive bandwagon, it is...

The role of international climate finance for bridging the low carbon investment gap
Publication date 29 Jun 2023

This paper outlines why there is need for better information on financial needs and introduces nine exploratory principles to consider in the context of international support to achieve net zero targets. The outlined principles offer a starting point for understanding and defining the finance and support needed to achieve the goals of the Paris Agreement with a focus on scaling ambition and facilitating just transitions. Several actions by donors and recipient countries are suggested to better inform international climate finance needs:

The role of green hydrogen in a just, Paris-compatible transition
Publication date 22 Jun 2023

Green hydrogen is experiencing a strong push from different directions. This report lays out principles for a sustainable approach to expanding the production and use of the energy carrier, in line with sustainable development goals and the Paris Agreement. Public draft for commenting - The commenting phase will close on 15 August 2023. Please send any comments or questions on the document to h.fekete@newclimate.org and i.outlaw@newclimate.org. Global equity and sustainable development of countries is at the core of the Paris Agreement, yet inequalities between wealthy and poor countries, as...

Renewable Senegal
Publication date 02 Jun 2023

Senegal is a country with abundant renewable resources. The national strategy for an “Emerging Senegal” charts a path to become a middle-income country by 2035. This report provides recommendations for engagement for German-Senegalese development cooperation towards a sustainable future.

The World Bank’s sector notes encourage the consideration of transitions, but lack sufficient detail to ensure full alignment with the Paris agreement
Publication date 10 May 2023

In this blog we explore whether the approaches in the World Bank sector notes are sufficient to avoid financial flows that conflict with the Paris Agreement.

Climate Audit of the EU’s Foreign Policy
Publication date 28 Apr 2023

This report analyses the EU's foreign policy and reviews the extent to which the EU integrates climate considerations into its foreign policy and diplomatic efforts. It provides recommendations on how EU climate foreign policy can be strengthened and aligned with the objectives of the Paris Agreement and the ambitions of the European Green Deal.

Review of “Paris compatible sectoral guidelines of the KfW Banking Group” for Electricity, Oil, and Gas
Publication date 27 Mar 2023

Background and summary: At COP 26 in Glasgow in 2021, Germany signed a pledge to end international finance of fossil fuels by the end of 2022, except in limited and clearly defined circumstances that are consistent with a 1.5°C warming limit and the goals of the Paris Agreement. Under the 2022 German Presidency, G7 leaders’ communiqué echoed the spirit of the Glasgow commitment. While the communiqué recognizes the exceptional circumstances stemming from the Russian invasion of Ukraine, it stresses that any temporary publicly supported investment must still be “consistent with our climate...

Deutsche LNG-Ausbaupläne führen zu Überkapazität und gefährden Klimaschutzziele
Publication date 17 Mar 2023

Dieser Bericht liefert einen Review und eine klimapolitische Einordnung der aktuellen Studienlage zu neuen und geplanten LNG-Importkapazitäten in Deutschland.

The role of hydrogen in decarbonisation - Investment opportunities for Latin America
Publication date 23 Feb 2023

This report assesses the role of hydrogen in several Paris-aligned decarbonisation scenarios and their implications for the Latin American region. It makes a comprehensive assessment of several hydrogen applications considering technology readiness, temporality, and regional context. The results provide insights to policy makers, public and private investors on the best opportunities for hydrogen in the short term.

Plans for German liquefied natural gas terminals are massively oversized
Publication date 13 Dec 2022

The study compares Germany's plans for the expansion of LNG import infrastructure with the actual need for imports. The analysis concludes that Germany's plans are massively oversized and not compatible with the path to climate neutrality. Germany's climate protection goals require a significant reduction in gas consumption, and the planned infrastructure either risks large financial losses due to low utilisation, or calls into question compliance with the path to climate neutrality.

Online event: Boosting multilateral investments for biodiversity
Venue Online
Date 08 Dec 2022
Start time 12:00

NewClimate joined E3G's event on boosting multilateral investments for biodiversity. In particular, the event looked at biodiversity and land-use finance and the challenges associated with it.

Pläne für deutsche Flüssigerdgas-Terminals sind massiv überdimensioniert
Publication date 08 Dec 2022

Die Studie vergleicht die Pläne Deutschlands für den Ausbau der LNG-Importinfrastruktur mit dem tatsächlichen Bedarf an Importen. Die Analyse kommt zu dem Ergebnis, dass die Pläne Deutschlands massiv überdimensioniert und nicht mit dem Pfad zur Klimaneutralität vereinbar sind. Deutschlands Klimaschutzziele verlangen eine deutliche Reduktion des Gasverbrauchs und die geplante Infrastruktur riskiert entweder große finanzielle Verluste durch eine geringe Auslastung, oder stellt das Einhalten des Pfads zur Klimaneutralität in Frage.

Development finance in the land sector: tracking progress towards Paris alignment
Publication date 06 Dec 2022

A rapid and far-reaching transition of the food system is critical to achieving the 1.5C objective of the Paris Agreement. Development finance institutions have the potential to help drive that transition. This report provides an analysis of relevant development finance institution policies, including sectoral and country strategies with reform recommendations for the way forward.

Tracking the progress of subnational and non-state climate action

This project aims to further advance the understanding of the universe of global subnational and non-state climate action, the potential impact of these actors on global greenhouse gas (GHG) emissions and their actual progress.

COP27: Aligning financial institutions’ strategies and operations with the Paris Agreement objectives
Venue COP27, IDFC Pavilion and Online
Date 16 Nov 2022
Start time 16:00

An event hosted by International Development Finance Club exploring 2050 pathways for climate and sustainability finance. The event started at 16h00 local time / 15h00 CET.

COP27: Ready for the next crisis? How MDBs can support the transition to a low-carbon, resilient economy by aligning with the Paris Agreement (shareholder and CSO perspectives)
Venue COP27, EU Online Pavilion
Date 16 Nov 2022
Start time 12:30

The event provided an overview of the state of play and remaining challenges of the multilateral development banks’ (MDBs’) Paris alignment process and discusses the most pressing and promising steps in delivering on the joint commitments. It gave space to the perspectives of shareholders in implementing their Paris commitments by aligning international finance flows including through the MDBs, reflecting also on key implications of last COP’s Glasgow Statement for the Clean Energy Transition. Anja Gebel (Germanwatch) Aki Kachi (NewClimate) Elizabeth Bast (Oil Change International) Ayeisha...

Making finance consistent with climate goals?
Publication date 16 Nov 2022

One year after the founding of GFANZ, this report takes stock of asset owners and managers climate commitments, how asset management decisions relate to emissions in the real economy, and what institutional investors are doing to implement their climate strategies.

Climate action in agriculture is essential for food security
Publication date 27 Oct 2022

Feeding the world while staying within planetary boundaries and keeping global warming within 1.5°C is a growing challenge where development finance institutions have a key role to play. Far from a contradiction, climate action in agriculture is essential to reaching development goals.

Aligning Policy-Based Finance with the Paris Agreement
Publication date 27 Oct 2022

Various public development banks provide countries with unearmarked budget support associated with various policy reforms through a lending instrument known as policy-based lending. These banks have not yet adopted an approach on how to align this lending with the Paris Agreement and current practice does not prevent undermining countries’ just transitions to global carbon neutrality by 2050. This paper discusses this lending type and provides recommendations for reform.

German support for gas investments abroad is mostly not compatible with the Paris Agreement
Publication date 20 Oct 2022

For possible future investments in fossil energy projects abroad, Germany must make it clear that and how it will comply with climate targets - both Germany's and the EU's national climate protection targets and the global 1.5°C target.

Deutsche Unterstützung für Gas-Investitionen im Ausland ist in den allermeisten Fällen nicht mit Pariser Klimaschutzabkommen vereinbar
Publication date 20 Oct 2022

Deutschland muss bei möglichen zukünftigen Investitionen in fossile Energieprojekte im Ausland deutlich machen, dass und wie es die Klimaziele einhalten wird - und zwar sowohl die nationalen Klimaschutzziele Deutschlands und der EU als auch das globale 1.5°C-Ziel.

Koalition braucht dringend einheitliche Klima-Außenpolitik
Publication date 12 Oct 2022

Die mit einer vielbeachteten Vision angetretene Ampelregierung agiert in der Außenpolitik noch ohne klaren Kompass. Das darf sich Deutschland angesichts der aktuellen Neuausrichtung der globalen Energie- und Sicherheitsarchitektur und der sich rasant zuspitzenden Klimakatastrophe nicht leisten.

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