1450 results found
This Issue Brief gives an assessment of the gaps and shortages in climate financing flows, available monies in the global system and suggestions to mobilise resources towards mitigation and adaptation needs of developing countries.
What structural and conceptual frameworks need to be adopted to achieve its climate pledges?
A private sector-oriented Global Green Bank is required to overcome the market gaps that prevent Global North capital from flowing to the best decarbonisation investment opportunities among Global South enterprises. The Global Green Bank should operate as a world-class investment firm, capable of developing innovative financial solutions and investing through externally raised investment fund-of-funds and its own proprietary book. Such a Global G
Pacific Small Island Developing States (PSIDS) are highly vulnerable to disasters emanating from the impacts of climate change, geopolitical tensions, and fluctuations in global energy markets. To overcome this, the PSIDS have committed to ambitious carbon reduction targets, and to adopting renewable energy and low carbon emission initiatives. However, they must contend with critical barriers, such as the lack of finance, capacity, and te
Global temperature rise is set to exceed 1.5°C compared to pre-industrial levels by 2100. Efforts to ramp up climate action must be accompanied by an assessment of countries' existing strategies to combat climate change. At the same time, it is crucial to determine the effectiveness of multilateral institutions in mitigating climate change by galvanising member countries in this direction. This report presents a comparative analysis based on fiv
If the U.S. partners with India for more efficient industrialisation and supports an "India exception" in global climate talks, it could be the kind of investment that cements ties between these two countries. From the perspective of a stable international order, it would be a big deal; from the perspective of climate talks, it is the only realistic path forward.
The authors propose an 'India exception' in global climate talks as the only realistic pathway to a global climate deal, which could also be a key tool in cementing stronger ties between India and the US, two critical actors in the evolving international order.
The AI-climate change link is understudied, not least because the largest companies working in this space are neither transparent nor meaningfully committed to understanding it
As extreme events are becoming the ‘new normal’ in an increasingly climate-constrained world, India’s critical infrastructure must be built to withstand, respond to, and recover rapidly from the disruptions they cause
The Biden administration’s climate agenda is a crucial plank to restore American commitments to climate actions and reinstate US leadership globally. However, the agenda has been slow on results. Although the climate fight has been linked to most other federal goals, such as economy, jobs, infrastructure, and procurements, the Biden administration faces both domestic and external challenges that continue to limit how much it can achieve
Climate change poses a significant risk to global food security. Rising temperatures, extreme weather events, and shifting precipitation patterns impact food production, disrupting food supply chains, increasing food prices, and diminishing food safety. These effects are particularly apparent in developing countries, where vulnerable populations struggle to access nutritious foods and small farmers face financial challenges. Tackling the impacts
Will the government’s ambitious mission, ‘Atmanirbhar Bharat (self-reliant India)’ eventually prove to be a missed opportunity? Earmarking funds worth 10 percent of India’s GDP, the mission not only aims to respond to the devastating blow caused by the COVID-19 pandemic, but also to serve as a long-term roadmap to growth. It is largely hinged on business-as-usual practices, including providing a push to the coal sector, which may be under
The BIMSTEC region is among the most vulnerable in the world from increased threat due to climate change. In the foreseeable future, climate change is projected to affect each BIMSTEC member country with greater severity and frequency, thereby impeding their response capacity significantly. This brief explores the vulnerability of the region from climate change and the BIMSTEC-level initiatives that have taken place to address the issue. Although
This brief discusses the climate change challenges facing the member states of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) and the initiatives taken by them to mitigate the effects. The South Asian countries within BIMSTEC are particularly vulnerable to global warming-induced weather variations that cause economic damage and loss of lives. At the same time, BIMSTEC economies have achieved impressiv
This report is part of the Observer Research Foundation’s “Financing Green Transitions” series which aims to find potential linkages between private capital, in all its forms, and climate action projects. The series will primarily examine domestic and international barriers to private capital entry for mitigation oriented climate projects, while also examining potential avenues for private capital flow entry towards adaptation and resilienc
The current gap in global adaptation finance for developing countries is estimated at US$194-366 billion per year. This brief highlights the critical role of domestic public funding in driving adaptation initiatives. While international climate finance mechanisms exist, their effectiveness is limited by slow disbursement processes and regional disparities in fund distribution. Public finance management systems can act as catalysts for mobilising
Climate change, conflicts, and various crises have exposed the vulnerabilities of global food systems. Acute food insecurity and undernourishment have become more prevalent in recent times, and the imperative is to build more robust and sustainable food systems that do not adversely impact the environment. The COVID-19 pandemic has only underlined the importance of food security in times of crises. This brief explores the promise of clima
The most critical area for India's response to climate change must be adaptation. It needs to invest in actions against the imminent threats posed by climate change irrespective of how the global discourse progresses. Investments must be made through innovative channels, using a mixture of capacity-building programmes, awareness campaigns, traditional solutions, and new technologies.
The human toll of the COVID-19 pandemic has been devastating. At the same time, measures to tackle the crisis have affected national economies and grounded global trade to a halt. Small Island Developing States (SIDS) such as the Seychelles are amongst the countries that have suffered some of the worst economic impacts of the outbreak. The current situation illustrates the global state of unpreparedness for a pandemic and points to similar inadeq
India has assumed the G20 presidency at a critical and opportune time in history, even as the half-yearly report card indicates that consensus-building in the grouping has been more difficult than India may have expected. This brief identifies six areas where India can manifest its capability to lead the building of an effective and plausible climate action plan. Globally, championing the tracking of per-capita emissions and fossil fuel-b
As part of a three-year research project undertaken by ORF and PRIO to study and analyse urban governance, urban security and environment related trends and concerns in selected regions of India, an international conference was organised on "Emerging Challenges in an Urbanising India: Governance, Security and Climate Change".
This brief discusses the challenges faced by urban local bodies (ULBs) in India in accessing urban climate finance (UCF), and proposes solutions based on successful strategies used by some of them. The hurdles include institutional barriers and limited capacity. The brief finds that ULBs that have met with success in accessing UCF overcame the obstacles through early sensitisation programmes and global network connections. It offers plausible sol
The Sundarban ecoregion, straddling India and Bangladesh, is home to the largest contiguous mangrove forest in the world. Parts of the forest are designated as World Heritage Sites in both countries due to their rich biodiversity. The natural areas of the Sundarban are influenced by human use and, in recent years, increasingly by climate change. This paper explores an institutional arrangement that could help identify and implement the options th
Over the last few decades, a global climate finance architecture has emerged to channel domestic and international funds towards climate change mitigation and adaptation efforts. However, mobilising climate capital at scale has been a challenge, particularly in the Global South, since the current financial system is inept at including climate change metrics in its capital allocation and disbursement processes, and applying a climate justi
For poorer countries, funds for ‘adaptation’ make more sense than ‘mitigation’. A retreat from climate hotspots is to be explored
From the Abu Dhabi conference, the urgent call for action should resonate loud and clear throughout COP28 in and create a dynamic and durable pathway
This paper analyses India’s participation in more than two decades of global climate politics. India has transitioned from a protest voice on the fringes of global climate policy to one that is actively shaping international efforts to combat climate change. Analysis of the drivers behind India’s negotiating positions on climate change thus far has focused on the competing motives of equity and co-benefits, which has however been insufficient
Climate adaptation has been at the forefront of UN climate negotiations over the past decade, given the increasing frequency of extreme weather events at the global, national, and sub-national levels. Climate vulnerability and risk assessments (VRA) are essential for adaptation planning, as they help identify areas, populations, and systems that are most at-risk from the impacts of climate change. They can also be used as a tool to develop adapta
As global food production faces the negative consequences of climate change, best practices in climate-smart agriculture (CSA) must be promoted to achieve food security. This requires adequate financial and human resources to be channeled to the upscaling of CSA activities in high-impact, priority areas. Considering India and Africa’s complementary sectoral priorities and their similar roles in evolving global food markets, various opportunitie
The alignment of G20 policies with the Sustainable Development Goals, and emphasis on energy security, is high on India’s climate agenda.
This report is part of the Observer Research Foundation’s “Financing Green Transitions” series which aims to find potential linkages between private capital, in all its forms, and climate action projects. The series will primarily examine domestic and international barriers to private capital entry for mitigation oriented climate projects, while also examining potential avenues for private capital flow entry towards adaptation and resilienc
To successfully combat climate change, there is an urgent need to finance mitigation and adaptation efforts at various levels. Green bonds are a relatively new funding instrument for green projects that have steadily become the first line of defence against climate change. India, in particular, has immense scope to diversify the green bond market beyond renewable energy. This brief analyses the policy structure of countries that have successfully
