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Press Release: DFC Announces First-Ever Chief Climate Officer and Deputy to Lead Agency Efforts to Tackle the Climate Crisis
New Chief Climate Officer, Deputy Chief Climate Officer will focus agency efforts on climate-focused investments
- Categories
- Energy, Environment
- Region
- Global
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Press Release: DFC Commits to Net Zero by 2040, Increases Climate-Focused Investments
Agency investments will support the broader U.S. Climate Finance Plan and facilitate sustainable economic growth in developing countries
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Six New Climate Finance Ideas for a Sustainable Recovery
The Global Innovation Lab for Climate Finance (the Lab) has selected six new climate finance ideas for its 2021 acceleration programme.
- Categories
- Investing
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India Needs Over $900 Billion in Climate Finance by 2030: This Roadmap Can Mobilize Private Sector Investment
India is committed to lowering its greenhouse gas emissions, but its goals under the Paris Agreement are not ambitious enough. Simmi Sareen at GreenFunder and Shravan Shankar at the BIG Green Collaborative argue that the country must focus on increasing energy storage and efficiency, decreasing agriculture and manufacturing emissions, and adapting to a more hostile climate. They explore how innovative and scalable technology can address these priorities by 2030 — and how strengthening India’s climate financing structures can help generate the $100 billion in yearly private investment this will require.
- Categories
- Energy, Environment, Investing
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Unlocking Off-Grid Energy Finance: What Options Are Available for the Last Mile?
Extending the power grid to underserved communities is often prohibitively expensive. That's why decentralized renewable energy (DRE) is increasingly recognized as an essential approach. However, investments remain focused on grid-connected electricity, with only 1.2% directed towards DRE solutions in 2017. Surabhi Rajagopal and Eco Matser at Hivos explore challenges and solutions in financing energy access through DRE.
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Viewpoint: Can ‘Climate Finance’ Fund a Transition to a Low-Carbon Economy?
UN Climate Action Summit hopes to catalyse the private sector to lead global shift away from fossil fuels to renewables.
- Categories
- Environment, Finance
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Press Release: Major Private Sector Institutions Present Solutions for Mobilizing Climate Finance
Drawing on the direct perspective of some of the world’s largest institutions across the investment chain, including private banks, asset managers, and asset owners, the report identifies concrete opportunities for leadership by the public and private sectors to meet the objectives of the Paris Agreement.
- Categories
- Environment
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Press Release: UNDP Supported Countries to Receive $84.9m for Climate Action From the Green Climate Fund
The approved funding for adaptation reflects the Fund’s commitment to meeting the needs of societies that are highly vulnerable to the effects of climate change – in particular Least Developed Countries (LDCs) and Small Island Developing States (SIDS) – and supporting high-impact, country-led initiatives to achieve low-emission, climate-resilient development.
- Categories
- Environment, Finance
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