WRI Climate

A lot is riding on the #NCQG negotiations at #COP29 but one thing is clear: representatives must leave Baku with a strong agreement on international climate finance. ?? In our latest article, Global Climate, Economics & Finance Program Director?Melanie Robinson lays out the three essential elements that negotiators must reach consensus on this week ?? https://bit.ly/490cXSp

"#COP29 is not just about more money, but better money" Felipe Arango, Executive Director, Transforma and #ACT2025 partner, shares his reaction to the Second Needs Determination Report (#NDR2), calling for bold commitments from developed nations. ?? Read the full report here: https://bit.ly/40K7QDZ

??BREAKING: A group of developed and developing nations – including ????, ????, ????, ????, ????, ????– committed to submit nationally determined contributions (NDCs) consistent with IPCC trajectories to limit global warming to 1.5 C at #COP29. Read the statement from Melanie Robinson, Global Climate, Economics and Finance Director at World Resources Institute: https://bit.ly/4fBp7Un #ClimateFinance #NDCs #NDQG #ClimateAction #ClimatePolicy #ClimateChange #IPCC #COP29Baku #COP29Azerbaijan #NetZero #NetZeroGoals #Emissions #GHGs #Breaking

"It is a must that industrialized nations come forward with an ambitious number to support the most vulnerable." Alejandra Lopez Carbajal, Climate Diplomacy Director, Transforma and #ACT2025 member, weighs in on the state of #COP29 talks. More from #ACT2025 ?? https://bit.ly/4bCn6VF

"COP29 without the finance numbers will spell doom for climate change finance diplomacy." Chukwumerije Okereke Director, Centre for Climate Change & Development and #ACT2025 member, weighs in on the state of #COP29 talks. More from #ACT2025 ?? https://bit.ly/4bCn6VF

Curious about the latest national climate commitments? ???? Check out the new NDC Tracker from #ClimateWatch to monitor and dive into the newest NDC submissions, compare them to previous NDCs and review countries' submissions side by side ?? https://bit.ly/3CCQ0sC

Is the world on track to meet their deforestation commitments? ?? The Forest Declaration Assessment and #SystemsChangeLab have revamped the Forest Declaration Dashboard, a powerful tool for tracking global efforts toward the Glasgow Leaders’ Declaration. Some of the new improvements to the Dashboard include: ??Updated data ??New indicators ??A refreshed design Discover the latest trends and assess progress: https://lnkd.in/eK4fTmE9

"Negotiators must secure a finance goal that empowers developing countries and supports the global goals to triple renewables and accelerate the transition away from fossil fuels."- Jayvy Gamboa, Policy and Legal Research Associate, Manila Observatory As #COP29 nears its end, vulnerable nations need grant-based, resilient finance NOW. Learn more from #ACT2025 ?? https://bit.ly/4ar6b87

?BREAKING: At the #G20, UK & Brazil launched the Global Climate Power Alliance to meet COP28 commitments to triple renewable energy and double energy efficiency. Read the full statement from Jennifer Layke, Global Energy Director, WRI Energy?? https://bit.ly/4hPHoyO #CleanEnergy #COP29 #GreenEnergy #Renewables #RenewableEnergy #EnergyEfficiency #EnergyTransition #ClimateChange #ClimatePolicy #ClimateAction

To get the world on track to limit warming to 1.5°C, countries must: ? Strengthen their economy-wide GHG emissions reductions targets for 2030 ? Set new and ambitious targets for 2035 Going one step further by nesting sector-specific targets under topline, economy-wide targets – such as those expressed in more concrete terms, like sales of electric vehicles or hectares of mangroves restored – can help make climate commitments, known as nationally determined contributions (NDCs), more actionable. While many countries haven’t comprehensively included sector-specific targets in previous NDCs, doing so this time around can set clear benchmarks for both the public and private sectors. These targets can not only guide implementation across government, but also signal to companies and investors a country’s future direction. To help inform this next round of NDCs, new research from #SystemsChangeLab translates the Paris Agreement’s 1.5°C temperature goal into global, sector-specific targets for 2035, complementing previously published targets for 2030 and 2050. Learn more: https://bit.ly/3C9FJnk