News | 14 December 2018

The new EBRD energy strategy: Still a long way to go for aligning the Bank’s investments with the Paris Agreement

On December 13, the Board of the European Bank for Reconstruction and Development (EBRD) adopted a new strategy for the energy sector. The strategy will have an impact on the use of billions of Euros of public funds in the energy sector. Unfortunately, the strategy represents a missed chance to truly align all investments by the banks with the goals of the Paris climate agreement. Although the strategy has made progress compared to the previous energy strategy, it is far less ambitious then the precedent set by the World Bank in 2017 that excludes all financing of upstream oil and gas activities.

Press Release | 10 December 2018

Climate Change Performance Index: Not enough countries prove political will to prevent dangerous climate change

Global CO2 emissions are rising again / Sweden and Morocco leading countries, Morocco with significant expansion of renewable energy / Eight of the G20-countries perform very low - USA and Saudi Arabia at the bottom of the index
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The Climate Change Performance Index 2019

Cover CCPI 2019

The CCPI is an instrument designed to enhance transparency in international climate politics. Its aim is to put political and social pressure on those countries, which have, up until now, failed to take ambitious action on climate protection. It also aims to highlight those countries with best practice climate policies. Based on standardised criteria, the index evaluates and compares the climate protection performance of 56 countries and the EU, which are together responsible for more than 90 percent of global greenhouse gas (GHG) emissions.

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Toward Paris Alignment

TOWARD PARIS ALIGNMENT
How the Multilateral Development Banks Can Better Support the Paris Agreement

The world’s climate goals can only be reached with enough high quality financial support. Multilateral development banks (MDBs) have to play a vital role in efforts to shift global finance flows towards a sustainable future.
The report aims to support the ongoing efforts by MDBs to achieve alignment between their activities and the global climate goals and to help shareholders and stakeholders to screen projects and strategies for Paris alignment. It can also serve as a discussion basis for the efforts of other financial institutions to align their financial flows.

Press Release | 04 December 2018

Climate Risk Index shows increased impacts of tropical cyclones

2017 year with highest weather-related losses ever recorded / Increased intensity of storms takes a toll particularly on poor countries / Puerto Rico, Sri Lanka and Dominica hardest hit in 2017 / In the past 20 years over 525,000 people have been killed by more than 11,500 extreme weather events that caused trillions US$ in damages
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News | 30 November 2018

NGOs call on the EU Commission to clarify the legal framework for corporate sustainability reporting

Signatories Statement Legal Framework for Sustainability Reporting

Over 20 leading NGOs working on corporate transparency have published a statement calling on EU policy-makers to define companies’ disclosure obligations on sustainability issues on the occasion of today’s high-level conference on the future of corporate reporting hosted by the European Commission in Brussels.

CFAS Policy Brief: Predictability of International Climate Finance under the Paris Agreement

CFAS Policy Brief COP24: Predictability of Climate Finance under the Paris Agreement

This policy brief summarizes the status quo of negotiations on Article 9.5 of the Paris Agreement, including closer looks at the actors to be involved, at the provisional list of information to be covered and at the modalities under debate. It concludes with an overview of negotiation streams at the 24th Conference of the Parties (COP24) to the United Nations Framework Convention on Climate Change (UNFCCC) that deal with Article 9.5 and provides recommendations on how to make progress on the topic.

A Human Rights-based Approach to Climate Risk Insurance

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Making Insurance-related Instruments for Climate Risk Management Beneficial to the Poor and Vulnerable

With climate change extreme weather events such as floods, droughts or storms are increasing in frequency and severity. They put people and their livelihoods under risk – especially the poorest and most vulnerable communities in developing countries. The need for managing these climate risks is becoming more pressing as global temperatures rise.

Global Climate Risk Index 2019

Cover Climate Risk Index 2019
Who suffers Most from Extreme Weather Events? Weather-related Loss Events in 2017 and 1998 to 2017

The Global Climate Risk Index 2019 analyses to what extent countries and regions have been affected by impacts of weather-related loss events (storms, floods, heat waves etc.). The most recent data available — for 2017 and from 1998 to 2017 — were taken into account. The countries and territories affected most in 2017 were Puerto Rico, Sri Lanka as well as Dominica. For the period from 1998 to 2017 Puerto Rico, Honduras and Myanmar rank highest.

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