Why put a price on carbon? To accelerate the transition to net zero greenhouse gas (GHG) emissions, climate change mitigation policy needs to become more ambitious. The shift to net
Multilateral development banks can help developing countries achieve economic stability by repurposing policy-based financing for low-carbon, climate resilient development as impacts from climate change continue to add costs in already
The UN Biodiversity COP15 Summit, which took place in December, saw countries globally agreeing under Target 18 to align agricultural incentives and subsidies with biodiversity goals. At COP27, food system
Climate change poses large aggregate risks that will likely have very different effects on different households. Unfortunately, these risks cannot be shared in existing financial markets. In this paper, author
Implementing Nature-Based Solutions (NbS) can be an impactful strategy to confront biodiversity and climate crises, while promoting sustainable rural development and generating financial, social and investment returns. Despite this, NbS
Multilateral development banks (MDBs) dispense concessional and non-concessional funding for development to low- and middle-income countries. A growing obstacle in the way of development and poverty-reduction is climate change’s adverse
Implementing nature-based solutions (NbS) can be an impactful strategy to confront biodiversity and climate crises, while promoting sustainable rural development and generating financial, social and investment returns. Despite this, NbS
The urgency and cross-cutting nature of climate change requires an adaptation of existing public financial management (PFM) practices to ensure that climate concerns are taken into consideration at every step
Early rollout of climate-mitigation strategies will help countries meet their Paris Agreement commitments and smooth the low-carbon transition Nearly all 32 countries in the Middle East and Central Asia have
Central banks can potentially influence the investment decisions of private financial institutions, which in turn will create incentives towards green technology adoption and development of lower emission business models. This
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