WRI Finance Center

??New working paper from WRI Finance researcher Natalia Alayza: "UNTANGLING THE FINANCE GOAL: An introduction to the new collective quantified goal." By 2025, negotiators must agree on the new collective quantified goal ("#NCQG") to succeed the $100B #climatefinance goal, using the previous goal as a floor. They will do this in the context of developing countries needs and priorities and countries' common-but-differentiated responsibility and respective capacities. But much remains to be decided. Key questions: ?? TIMEFRAME: when will it cover? up to 2050, or shorter increments? can it be adjusted along the way? ?? SCOPE: what will it it cover? and especially, will it include #lossanddamage? ?? QUANTUM: how much? and how will this relate to the other elements? ? CONTRIBUTORS: who contributes? are there different roles for different sets of countries? ?? TRANSPARENCY: how's it measured? what can we learn about reporting, quality and predictability from the $100B? Negotiators will start considering #NCQG this #COP28 including via a High Level Ministerial on Dec. 3 -- learn the basics now with our short working paper, out now! ?? https://lnkd.in/ginXnE-u

We are looking for leadership! WRI’s Climate, Economics and Finance Program is #hiring a Senior Director for Finance and Private Sector. The new senior director will be responsible for shaping and delivering our work on increasing the quantity, quality and coherence of the financial system -- public and private, domestic and international -- for climate, nature and development. ??? Applications must be submitted by Sunday, April 6. ?? https://bit.ly/3FrhjaG ??The role can be based in WRI offices in Washington, D.C.; London, UK; The Hague, the Netherlands; Mexico City, Mexico; Brasilia, Brazil; Bogota, Colombia; Nairobi, Kenya; Addis Ababa, Ethiopia; Kigali, Rwanda; Delhi/Mumbai, India; Jakarta, Indonesia; or Beijing, China. #JobOpening #ClimateFinace #SustainableFinance #GreenJobs

Recognizing the financial risk posed by coal investments, 70% of the world's top 100 commercial banks have committed to exiting coal—easier said than done. As WRI experts Ye WANG and Yan Wang explain in their latest article, banks are deeply embedded in the entire coal value chain and untangling this web of investments requires ambition and innovation.?They present a process to help banks reduce their coal exposure and outline how banks can work with clients and each other to drive the transition away from coal. https://bit.ly/3QRAFZ0 #CoalRetirement #TransitionRisk #TransitionFinance #CoalInvestment

Join the World Resources Institute team! WRI is seeking an experienced, strategic and dynamic Chief Economist, to play a central role in driving the economic transition needed to achieve the world’s climate, nature and people goals. Applications are due by April 25th. Learn more about the role: https://bit.ly/3DDpHU7 #Hiring #NowHiring #JobOpening #JoinOurTeam

Where could the funds for the #NCQG's $300B #ClimateFinance commitment to developing countries come from? In their latest article, WRI experts Natalia Alayza and Gaia Larsen outline the potential sources of finance for realizing this goal and point toward a path to achieving the much larger $1.3T we need to mobilize to support developing countries' #ClimateAction. ?? https://bit.ly/4149YoC

We are #hiring! WRI’s Climate, Economics and Finance Program is looking for a Senior Director for Finance and Private Sector?to help shape and deliver our work on?shifting the world’s financial flows to support sustainable development and climate action. ??? Apply by Sunday, April 6 to be considered for the position. ?? https://bit.ly/3FrhjaG #ClimateFinance #JobOpening #JoinOurTeam #SustainableFinance

Last month's Finance in Common summit, held in Cape Town, South Africa,?brought together over 500 public development banks?and 2,000 delegates with?enormous potential?for financing climate action. WRI's Climate, Economics, and Finance Program Director?Melanie Robinson?and finance experts?Valerie Rouxel-Laxton,?Gaia Larsen, and?Carolyn Neunuebel?were on the ground, hosting breakout sessions and side events on private finance mobilization, inter-bank collaboration, and nature finance. These events brought together PDBs, researchers, and policymakers for crucial conversations on #SustainableDevelopment. You can now watch recordings of some of the sessions! ?? ??Driving Transformation Strategies for Mobilizing Private Capital: https://bit.ly/3DGbEwT ??Maximizing the Impact of PDBs In Financing the Transition Challenges: https://bit.ly/43GpaLq And don't forget to read the #FinanceInCommon2025 final communiqué: https://bit.ly/3Rb5uI5 #DevelopmentFinance #DevelopmentBanks #ClimateFinance

Explore the #GreenAccountability Platform on #ClimateFinance, transparency & accountability w/ partners from #Brazil, #Cameroon, #Mexico & #Senegal. Register here: https://lnkd.in/e7wNRtGx

At #TTDC25, one important theme is mobilizing finance to build more resilient transportation systems and foster #SustainableTransport. Last year WRI examined the landscape of international #ClimateFinance for transport in Asia, Africa, and Latin America, looking at 839 transport projects and conducting 14 case studies. Experts examined which types of transport projects were receiving climate finance and what that finance looked like. By unpacking this data, they determined common barriers to access and identified opportunities for overcoming these barriers. Check out the research: https://bit.ly/4bGoh7C #SustainableFinance #ClimateResilience #Transportation

NEW FINDING: Bridging the Gap in Transport Climate Finance ?? Our latest analysis of 839 climate-financed transport projects reveals concerning imbalances: ??? 75% involve land transport, with 1/3 focused on roads, highways, and bridges ?? Only 130 projects support public transport systems, despite the need to increase electric buses from 4% to 60% of global sales by 2035 ?? Just 60 projects target electric vehicles, though we need to boost electric cars from 10% to 85% within a decade ?? Only 20% address adaptation and resilience, falling short of growing climate vulnerability needs As urbanization accelerates in Africa and Asia, we must diversify investments to avoid locking cities into unsustainable development patterns. Read our full analysis on how climate finance can catalyze sustainable transport in low- and middle-income countries: https://bit.ly/4kFJpPy #ClimateFinance #SustainableTransport #PublicTransport #UrbanMobility #TTDC25 #TransportWeek