As the world convalesces from the COVID-19 pandemic, we must continue ambitious action on climate change. We have an opportunity to rebuild our world for a more inclusive, more resilient, more sustainable future. This includes mainstreaming climate change considerations into the entire finance ecosystem by targeting both short-term economic green recovery and long-term structural changes aligned with sustainable, inclusive growth and strengthening society’s resilience.
CPI, working with our partners, has been a leader in convening and influencing high-level discussions to help bridge economic action with the key need for a resilient, green recovery globally.
Sharing the burden of combating the coronavirus could set an inspiring precedent for a just transition to combat climate breakdown—which will have fare more dire economic and health impacts than the current pandemic. If the current systemic shock of the coronavirus crisis jolts countries into action, maybe then they can create a truly European Green Deal.
The commentary addresses some of the current criticism around public investment in support of climate change mitigation and adaptation, and outlines why an expanded range of investment approaches are needed now to avoid significantly more additional costs and other negative impacts in the years to come.
Climate change has far-reaching impacts that are not limited to a particular sector or geography; it impacts the entire financial system. If left unchecked, this impact will be severe. This brief identifies key areas of intervention that would achieve the twin objectives of increasing finance for green activities and managing climate-related financial risk.
Paris Alignment of Power Sector Finance Flows in India: Challenges, Opportunities, and Innovative Solutions
This brief identifies the challenges and opportunities in financing India’s ambitious renewable energy targets.
Paris Alignment of Power Sector Finance Flows in Indonesia: Challenges, Opportunities and Innovative Solutions
This brief examines the challenges and opportunities in financing Indonesia’s ambitious targets on renewable energy towards an energy transition.
A cautious sense of optimism has buoyed us throughout 2021 and landed us into 2022. Here is a reflection of the progress we have made towards Climate Finance in Indonesia in 2021, and a preview of what is in stock for 2022.