Climate Change
News

Climate change: Hydrogen to create jobs – but is it green enough?
“Blue hydrogen” is made using gas, which is a fossil fuel. Part of the production process involves capturing the carbon. It is considered to be better for the environment than gas, but some carbon is still released into the atmosphere.

We Pay to Treat Waste Water, Why Not Waste Carbon?
The idea is simple. Companies that extract fossil fuels should be responsible for ensuring the same amount of COâ‚‚Â generated from using them is buried back deep underground.

Egypt President Calls on International Community to Support Global Green Recovery
Speaking on the first day of the inaugural Egypt International Cooperation Forum (Egypt – ICF), launched by the Ministry of International Cooperation, taking place in Cairo between 8-9 September, El-Sisi said: “No government alone can make this recovery possible. It requires the support of the international community and financial institutions to achieve the UN SDGs.” H.E. Abdel Fattah El-Sisi, President of the Arab Republic of Egypt, today called upon the international community to unite and spark a “green recovery”.
Reports

Cutting Emissions Through Fossil Fuel Subsidy Reform and Taxation (IISD)
This report models the climate change mitigation potential of fossil fuel subsidy reform across 32 countries. The results show how much greenhouse gas emissions—both in per cent as well as in absolute terms—countries can save by 2030.

IMF Staff Climate Note: Proposal for an International Carbon Price Floor among Large Emitters
International Monetary Fund staff proposed a carbon-price floor to slow global warming over the next decade, saying that climate change presents huge risks to the functioning of the world’s economies.

State of Finance for Nature: Investing Less than 1% of World GDP into Nature-Based Solutions Can Tackle Climate Change (UNEP)
A total investment of $8.1 trillion in nature is required over the next three decades to successfully tackle the climate, biodiversity, and land degradation crises, according to the State of Finance
Policy Briefs

EU Climate Mitigation Policy (IMF)
This paper aims to contribute to the debate on the choice of policies to reach the more ambitious 2030 emission reduction goals currently under consideration. It provides an analysis of

Sectoral Policies for Climate Change Mitigation in the EU (IMF)
This paper discusses sectoral policies needed to achieve the ambitious greenhouse gas (GHG) emissions reduction targets announced in the European Union’s Green Deal, complementing the companion paper “EU Climate Mitigation
UNEP Policy Brief on Building Back Better – Role of Green Fiscal Policies
The COVID-19 pandemic has exposed the many fragilities of our economies, and deepened existing inequalities, while highlighting the need for resilience, innovation, and cooperation in our societies. The immediate priority