Climate change has clearly arrived on the financial world’s agenda. The number of asset owners and asset managers joining international climate initiatives is growing, and financial institutions increasingly set dedicated climate targets.

A new World Bank report estimates that India will need to invest $840 billion over the next 15 years—or an average of $55 billion per annum—into urban infrastructure if it is to effectively meet the needs of its fast-growing urban population.

Africa’s investments in renewables trail far behind the rest of the continents, accounting for only 0.6% of the $434 billion destined for clean energy worldwide in 2021, a recent report by BloombergNEF shows.

This discussion paper was prepared to showcase the need for – and the benefit of having – a globally consistent, open baseline dataset of climate risk and resilience metrics as a global public good to help mobilize finance for adaptation. The Glasgow Climate Pact agreed at COP26 included the call to double climate finance for adaptation.

UNCTAD has published a report International Investment in Climate Change Mitigation and Adaptation: Trends and Policy Developments, which aims to inform the debate on climate finance at COP27 and incorporates key findings from numerous sources, including the World Investment Report 2022.

Humanity is at a crossroads - a moment of great risk and great opportunity. One path leads to attractive growth and development; the other to great difficulties and destruction.

This Country Climate and Development Report (CCDR) explores the challenges and opportunities of improving the alignment of Egypt’s development goals with its climate ambition.

The world’s richest people emit huge and unsustainable amounts of carbon and, unlike ordinary people, 50% to 70% of their emissions result from their investments.

Over the last decade, the agriculture, forestry, other land uses, and fisheries (AFOLU) sectors were responsible for 13-21% of global greenhouse gas (GHG) emissions (IPCC, 2022, IPCC AR6 WGIII, Chapter 7).

As nations convene for the 27th UN Climate Conference (COP27), the UN Conference on Trade and Development (UNCTAD) has set out the actions needed to ensure global efforts towards a low-carbon future don’t leave least developed countries (LDCs) behind.