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Time to Show ‘True Grit’ on Climate Adaptation

Chris Hall

A paper from UNEP published late last year stated that developing nations’ “estimated annual adaptation costs/needs are in the range of US$160–340 billion by 2030 and US$315–565 billion by 2050”. Furthermore, they predicted that financing needs were “likely far higher if adaptation and demand-side costs are included”.

UNEP 64
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Starting to Adapt 

Chris Hall

World Bank President Ajay Banga announced a commitment to devote 45% of its annual finance to climate by 2025. With adaptation finance flows remaining dangerously low to meet climate goals, has COP28 made a difference? Developed countries have also been asked to prepare a report on doubling by COP29.

UNEP 64
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Sink, Swim or Adapt

Chris Hall

The UN Environment Programme’s (UNEP) 2023 Emissions Gap Report – aptly titled ‘Broken Record’ – clearly states that the world is a long way from limiting global warming to 1.5°C Adaptation bonds are among the potential vehicles for private investment, but policy action is still needed at COP28.

UNEP 92
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Mitigating Climate Change Due to Methane From Natural Gas

3BL Media

Analysis from the United Nations Environment Program (UNEP) concludes that a 45% reduction in global methane emissions by 2030 is essential to limiting global warming to 1.5 The partnership has developed an aspirational goal of reducing methane emissions by 45% by 2025, relative to a 2015 baseline. Voluntary efforts Canada and the U.S.

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ESG Explainer: Managing the Methane Menace

Chris Hall

Six months on from COP26’s Global Methane Pledge, the quick wins needed to achieve 2030 targets pose steep challenges. At COP26, 112 countries signed the Global Methane Pledge , an initiative designed to reduce global methane emissions by at least 30% by 2030. Delivering on the pledge could reduce warming by at least 0.2?C