Bretton Woods Committee的动态

?? This is the story of how the Coalition of Finance Ministers for Climate Action came to be. ? ?? Since 2018, an initial group of countries recognized the complex challenges posed by climate change, and the unique capacity of the world's finance ministers to address them. ? ?? As the Coalition turns five years old, we continue to work as a unified body on the world’s most difficult climate challenges. We learn from each other’s interventions and work to repeat successes wherever they may arise.? ? ?? Watch our video to better understand who we are, what we do, and how we do it! ?? ?? #CFMCA #5YearsInAction #climateaction

On the sidelines of the 57th #ADBAnnualMeeting, we hosted an ADB-IMF joint seminar on “Managing the Macro-Financial Impacts of Climate Action” to examine the costs and impact of climate action and inaction.? ? During the seminar, we discussed the progress of climate change mitigation and the concerns of policymakers in the potential negative macro-financial effects.?? ? Watch the discussion ??? https://lnkd.in/g3riFh3p

Redirecting private sector funding towards net zero is both possible and essential to close the climate finance gap. BWC’s upcoming report, Mobilizing Private Finance for Climate Action and Energy Transitions, outlines innovative ways to attract private finance and drive progress toward net zero. ?

How to close the #climatefinancing gap to meet new climate goals? My fellow Bretton Woods Committee colleagues?Afsaneh Beschloss and?Creon Butler have led a new report published yesterday that lays out concrete steps for the MDBs to mobilize meaningful amounts of #privateinvestment to do just that. Some key takeaways: - Progress is being made in increasing the proportion of private finance directed to #greeninvestment. But this is not happening fast enough, and the climate finance gap faced by low-income and emerging economies is acute. At the same time, AI and data centers are intensifying power needs in developed countries, which will create a negative impact on capital and other inputs for clean energy in low-income countries. - It is critical to pull private finance to green investment by improving the effectiveness of available public international finance and increasing the proportion used to facilitate genuine risk bearing in conjunction with the private sector and developing a mechanism under which this can happen without imposing residual contingent risks on advanced country-donors. #BrettonWoodsInstitutions #Meridiam #forpeopleandtheplanet #blendedfinance #impactinvesting Read the full report here: https://lnkd.in/eQFDs6By ?

*????CSOs POST-MANIFESTO DIALOGUE HAPPENING NOW????* We are currently in a dialogue with our Political Parties on their respective policy proposals on Energy Transition, Climate, Environment, and Anti-Corruption Watch live here: https://lnkd.in/dnaVUmgv

In order to meet the goals of the Paris Agreement, climate finance must surge to $9 trillion annually by 2030, a significant increase from $1.3 trillion in 2022. Investing in this is a no-brainer, especially since the costs of not acting already exceed the costs of action. The FT has an insightful discussion on the sources of this funding, with the IEA suggesting 30% from the public sector and 70% from the private sector. Check it out here: https://lnkd.in/dvur3ucJ #ClimateFinance

"Climate finance is critical to addressing the climate crisis. In the absence of transparency, public participation, and accountability in the allocation and use of such finance, however, we risk squandering its potential. This is a price our planet cannot afford." - Anoukh de Soysa from Transparency International The 3rd GCF Integrity Forum is coming up in just a few days! Check out all of the resource speakers who will be in attendance on the IIU website: https://lnkd.in/ezZSqD4E #Integrity #IntegrityForum #IntegrityInClimateAction #ClimateFinance

BEAMA’s vision is for a low carbon, flexible and secure energy system in the UK. Government policy aims reflect a general sharing of this vision, and the Climate Change Committee’s publications demonstrate its importance in mitigating climate change with the UK in a leadership role. https://lnkd.in/eh7RQ5uW #AcceleratingElectrification #EnergyPolicy #Target2030

How can we take climate funds further? With $400b in federal funding toward incentives, grants, and loan guarantees, the IRA directly supports the transformation of our energy system while providing a once-in-a-lifetime opportunity to reduce carbon emissions across every sector of American life. Learn about the different services VEIC developed for maximizing federal funding through our 2023 Impact Report: https://lnkd.in/e8FDvXuj

Timely and succinct paper by Capita on 'Child- and Family-Smart Climate Finance,' especially during the living crisis we are experiencing. We need to safeguard our children and their mothers now, ensuring they live with respect and dignity. This calls for increased investment in building their adaptive capacities, resilience, and a secure future for the next generation. https://lnkd.in/eDp4FrSM