The Front Page
In the 1990s, Mexico experienced one of the highest rates of deforestation across Latin American countries. While deforestation has slowed, it continues to be a problem along with comparatively higher rates of forest degradation.
The Forest Investment Program (FIP) finances programmatic efforts to address underlying causes of deforestation and forest degradation and to overcome barriers that have hindered past efforts, through three projects with a total investment of $66 million.
From December 2016 to May 2017, we - a group of four M.A. candidates in International Development Studies from the George Washington University - partnered with the $8.3 billion Climate Investment Funds (the CIF) as part of our Masters capstone project.
Walk along the dusty paths and through the boggy marshes of Kazungula in Zambia and you get a sense of the reality of climate change. In a district a few hours’ drive from Livingstone, the extreme temperatures, prolonged droughts and increased floods forecast by scientists and academics are increasingly becoming a reality.
See what Sheila Oparaocha at ENERGIA, International Network on Gender and Sustainable Energy, had to say when we met at the Vienna Energy Forum 2017.
Africa requires massive amounts of climate financing in order to make its economies both low carbon as well as climate resilient. Sub-Saharan Africa will require an estimated $377 billion in financing for climate mitigation investments and $222 billion for climate resilience investments in order to reach its NDCs, while North Africa will require an additional $125 billion in combined mitigation and adaptation financing. But current financing falls far short of this figure.
You need to know where you’ve been and where you are if you want to know where you are going. That’s one of the fundamental tenets of good monitoring and reporting (M&R) and having been involved in the design and implementation of the Pilot Program for Climate Resilience (PPCR) M&R system over the last three years, I thought I’d share some of the reflections and takeaways from my exciting journey.
Monitoring project performance is challenging at the best of times. When it comes to tracking the performance of investments in forestry and it can be even trickier. This is because of the long term nature of investments, the complexity of outcomes and variety of stakeholders in the sectors. Fortunately a number of countries are forging ahead to address opportunities and share experiences on these issues under the Forest Investment Program – a $723 million funding window of the CIF, which provides direct investments to benefit forests, development and the climate.
Efficiency is often considered the fifth fuel after coal, hydrocarbons, nuclear and renewable energy. The best part is that it’s not a resource endowment like other fuels, but in fact, available globally and across a wide array of sectors.
When it comes to eliminating deforestation from commodity supply chains, it’s been an exciting last few years. Through the declarations made in New York and Amsterdam and most importantly the Paris Agreement, governments in many countries are making major commitments.