Investments in clean energy are at an all-time high, a staggering USD 329 billion. 2015 was the first time that investments in renewable energy were higher in developing countries than developed ones. Over the past decade, renewables have grown as a share of total power generation with a six-fold increase in non-hydro renewables. Prices are at some of all-time lows and likely to go lower. And just in the past few months alone, the CIF has approved 300 million dollars in solar energy for India
It does not happen often that one of the finest actors of our time tweets about a World Bank supported project and invites all his fans to have a look at the impressive pictures taken from space. In fact, I can’t remember having seen that before.
21 years is a long time. Long enough to raise a child and send him or her off to college. That is how long it has taken to get to the Paris Climate Agreement. The Paris Agreement does set a goal of holding the temperature increase to well below 2C and pursuing efforts to limit the increase to 1.5 C. The latter goal is in line with what credible scientists have been telling us for a long time (only a 1.5C goal may prevent long-term multi-meter sea level rise, as an example).
Everyone likes chocolate, yes? I know a few people who love the stuff and I’m quite partial to the odd block or two myself. So while spending a few days at a recent Forest Investment Program (FIP) monitoring and reporting workshop in Ghana I travelled to meet some cocoa farmers near Bibiani and get the low down on everyone’s favorite treat.
The frequency of the news is only matched by its direness. It feels like every day we hear more about how climate change is getting worse. The Arctic is melting faster than ever before, temperatures are breaking new records at a rapid pace and more than 90% of reefs in and around the Great Barrier Reef are being bleached by a warming world.
Readers of this blog site will know that open data is data that can be freely used, re-used and redistributed – it’s legally open and technically open. Readers of this blog may not know that the $8.3 billion Climate Investment Funds (CIF), are providing scaled-up financing through the Multilateral Development Banks (MDBs) to initiate transformational change toward climate-resilient, low-carbon development in 72 countries worldwide. And this month, for the first time, the CIF is publishing open data on the result
Tough questions can come from the most unexpected sources. As the father of three teenage children, starting a new job with the Climate Investments Funds as Forest Investment Program (FIP) Coordinator was a new experience in more ways than one.
As well as being the office newbie and having to learn the ropes there, my children - rather than just being aware that ‘dad works in forests’, which was the extent of their interest when they were younger - gave me a bit of a grilling
When I started my career in the world of global development some twenty odd years ago, a number of female leaders inspired me. Rachel Carson had left an epic legacy with her book ‘Silent Spring; Wangari Maathai, the founder of the Green Belt Movement, had won a Nobel Peace Prize and Jane Goodall was reminding us all of nature conservation causes. And that’s just to name a few of those who were most visible.
Finance, technology and innovation are themes threaded throughout the Climate Investment Funds’ (CIF) work and a pioneering new project in Tajikistan is encapsulating all three in one package.
Earlier this month, the CIFs Pilot Program for Climate Resilience (PPCR), the European Bank for Reconstruction and Development (EBRD) and the Tajik government launched CLIMADAPT, a new project specifically dedicated to financing innovative technologies that will help make Tajikistan more resilient to climate change.