This brief aims to address the energy efficiency data gap by proposing a methodology for estimating climate finance in energy efficiency in newly constructed green buildings and by adding a more granular view on the alignment of projects—and investments—with low-emission scenarios.
The 2021 Global Landscape of Climate Finance shows that global climate finance reached USD 632 billion in 2019/2020. Building on the preview findings released in the run-up to COP, this version dives deeper into the financial flows along their life cycles, from sources and intermediaries, through to how finance is ultimately used on the ground.
Indonesia is preparing a carbon tax to cut down emissions and free up funds for climate action. But a carbon tax on coal and fuels will not affect buyers as the cost is kept artificially low by government subsidies. To achieve its goal, the carbon tax should open a wider opportunity for Indonesia to refocus its state budget, and phase out its fossil-fuel subsidies. This blog highlights the key elements for the carbon tax to launch successfully.
Indonesia has listed carbon pricing as one of the key climate finance instruments on its climate policy directions, recognizing the potential value of voluntary carbon markets. This blog proposes how tropical forest-rich countries such as Indonesia can respond positively to the upsurge of voluntary carbon markets.
India’s commitments under the 2015 Paris climate agreement, which aims to limit global warming to well below 2° Celsius relative to pre-industrial levels, include three quantifiable objectives. By 2030, the country aims to reduce the emissions intensity of its GDP by 33-35%.
Rather than criticizing voluntary carbon markets on their potential for abuse or deferring focus on true abatement, we need to support the process of building integrity across the entire voluntary carbon market supply and use chain
This study, produced in collaboration with the Seoul National University, aims to analyze the COVID-19 recovery policies in South Korea and Indonesia, particularly the role of fiscal stimulus in their energy transition goals.
This report provides an overview of the potential for climate finance, green finance and innovative finance to accelerate China’s decarbonization and support its transition to a green economy.