In order for development finance institutions, including multilateral development banks and bilateral, regional and national development banks to “align” themselves with the Paris Agreement, they must make sure that their activities conducted through financial intermediaries are also aligned.

Parties to the Paris Agreement committed to “making finance flows consistent with a pathway towards low GHG emissions and climate-resilient development (Article 2.1c).” It is especially critical that energy-sector infrastructure is Paris aligned, given the large carbon lock-in potential of investments and the scale of investment needed in the co

Cities are growing differently today than before. As much as 70 percent of people in emerging cities in Asia, Africa and Latin America is under-served.

Limiting global warming to below 2°C above pre-industrial levels will require massive reductions in greenhouse gas (GHG) emissions from business-as-usual—on the order of 40 percent to 70 percent in 2050 compared to 2010, and near net zero emissions by 2100.

At Copenhagen in 2009, developed country Parties to the United Nations Framework Convention on Climate Change (UNFCCC) committed to a goal of mobilizing jointly $100 billion a year by 2020 from public and private sources to support climate action in developing countries.

This regional study includes the People’s Republic of China, Japan, the Republic of Korea, and Mongolia and examines how strategies for adapting to climate change up to 2050 can be combined with measures to reduce greenhouse gas emissions in East Asia.