Securing social, economic and climate stability through the EU Strategic Agenda - European leaders will soon meet to begin re-hashing the EU’s priorities for the next five years
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Climate crisis is real, want to check this report later
On November 11, 2024, the European Investment Bank (EIB) published the findings of its 7th annual Climate Survey, which gathered insights from over 24,000 participants across the European Union and the United States on their perceptions of climate change. The survey revealed that nearly three-quarters of respondents within the European Union acknowledge the necessity of adapting their lifestyles to address the impacts of climate change. When asked to rank the challenges facing their countries, respondents identified climate change as the second most pressing issue, surpassed only by concerns over the cost of living. ➡️ Check the report here: https://lnkd.in/e4Q7TksE Jean-James Catella Mathilde Defrenne Luca Ziosi
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I am optimistic that humanity will come up with consolidated solutions for decarbonization efforts. These expectations include increased climate finance commitments from developed nations to support developing countries, finalization of the Loss and Damage Fund to assist nations most affected by climate change, and the establishment of transparent standards for international carbon trading under the Paris Agreement. Additionally, countries like the UK have announced stronger national targets, such as cutting emissions by 81% by 2035, while discussions emphasize equitable resource distribution and greater support for vulnerable regions, including Small Island Developing States. These efforts aim to accelerate global climate action and enhance cooperation.
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We can’t Decarbonize a system that hasn’t been structurally decolonized yet. Explore how debt burdens and global economic structures impede a just transition in the Global South. Unpack decolonization, green industrial policy, and climate reparations for equitable, sustainable futures in this Longread by Fadhel Kaboub via the Transnational Institute https://lnkd.in/dMvx7-DT
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Decolonization and decarbonization are both needed and a sense of urgency is a must... however, I prefer to proceed with these agendas in parallel, rather than sequentially.
We can’t Decarbonize a system that hasn’t been structurally decolonized yet. Explore how debt burdens and global economic structures impede a just transition in the Global South. Unpack decolonization, green industrial policy, and climate reparations for equitable, sustainable futures in this Longread by Fadhel Kaboub via the Transnational Institute https://lnkd.in/dMvx7-DT
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📢 New E3G Briefing: Four tests driving EU politics in 2025 – and what they mean for climate action As the EU enters a pivotal new political term, 2025 is set to test Europe's resolve like never before. With challenges ranging from securing investments to simplifying regulation, navigating global competition, and strengthening EU unity, the stakes for climate action have never been higher. 🌍 This new briefing explores: 🔑 The four critical tests shaping EU politics in 2025. 🌱 How these dynamics impact Europe’s clean transition. 🌐 Opportunities to rebuild global climate momentum on the road to COP30 in Brazil. Europe has a unique opportunity to lead by example, demonstrating that accelerated #ClimateAction is key to lasting stability and prosperity. 🔗 Read the full briefing authored by Manon Dufour, Sandra Tzvetkova and Pepe Escrig to uncover the key moments, strategies, and political dynamics that will define 2025: https://lnkd.in/edU-YNme
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Money makes the world go green!! To achieve global sustainable development and climate objectives, there needs to be a global investment of $90 trillion by 2030 (Global Commission on the economy and climate 2015) thinking #sustainablefinance #financinggreen
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As the world navigates unprecedented environmental challenges, public financial institutions can further the objectives of the international accords designed to mitigate climate change. Our recent publication explores how green investment banks can mobilize capital and provide financing to help developing countries close the climate investment gap and support a just transition. Download the full publication here: https://ow.ly/rQMw50SwJgp
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Interesting view on climate banks and decarbonizing in Asia! Great read - report on Green Investment Banks from the Asian Development Bank (ADB) Several GIB-like entities in Asia include Malaysia’s Green Technology Financing Scheme, Japan’s Green Fund, and (METI) Green Innovation Fund. Japan invested two trillion yen in The Green Fund to reach extraordinary goals for carbon neutrality/ zero GHG emissions by 2050. The Fund backed several viable projects accelerating a more sustainable future for Japan. Inviting the private sector to finance R&D and create long-term, continuous support for social implementation with regional communities: a solar photovoltaic power generation business in Niigata, early-stage investments in hot springs and geothermal power start-ups in Kyushu, and a small hydro plant in Okayama - generating progress towards a low-carbon sustainability goal for 40% electricity use through hydroelectric. Bright spots: 🌿 Transforming existing public development banks into GIBs or establishing new ones can accelerate the green transition, enhancing 2030 SGD goals 🌿 GIBs play a crucial role in providing long-term, affordable financing for low-carbon and climate-resilient projects 🌿 GIBs are decreasing the debt-to-equity ratio by facilitating loan financing as well as supporting the deployment of new clean technologies in the green economy 🌿 Intervention by GIBs could include risk-mitigating credit enhancement, adoption of repayment mechanisms, and increased capital flow to reduce transaction costs #netzerotransition #GIB #climatebanks #greeneconomy
As the world navigates unprecedented environmental challenges, public financial institutions can further the objectives of the international accords designed to mitigate climate change. Our recent publication explores how green investment banks can mobilize capital and provide financing to help developing countries close the climate investment gap and support a just transition. Download the full publication here: https://ow.ly/rQMw50SwJgp
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As the new #EU Commission takes office, I’m pleased to share three key takeaways from a research paper I co-authored with Jeremy Wetterwald at IMPACT Initiatives, in collaboration with Richard Youngs and Ricardo Farinha from the Carnegie Endowment for International Peace. Grateful for the opportunity to work with such dedicated and insightful colleagues! 💡 Triple-Nexus Alignment: The EU must integrate #climate, #conflict, and #governance policies to ensure cohesive responses to overlapping crises in fragile states. 💡 Enhanced Risk Monitoring: A unified mechanism to track and predict triple-nexus risks is essential for timely and effective interventions. 💡 Adaptation Plus Approach: Climate #adaptation strategies should expand to address governance and conflict dynamics, with a focus on building #resilience in local communities. Read our full paper here: https://lnkd.in/eXx2eDaC
The EU’s Triple-Nexus Challenge: Climate, Conflict, Democracy
carnegieendowment.org
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TIME TO (RE) DEFINE YOURSELF AS AN ACTIVE CITIZEN...? Politicians in power really only understand one thing: Social movements growing by an increasing number of (normal) citizens becoming so active, that it influences voter behavior. Therefore: Engage yourself in politics - even though you think you are too smart, too nuanced or too busy to do so. Engage in or outside political parties, in a climate group or a green NGO, in your local community, at the workplace, or in the streets - wherever you are able to make yourself heard and influence others. "As of the last update in February 2024, the Climate Action Tracker shows that (still) not a single country has plans aligned to 1.5C. And yet we know 1.5C is still achievable, with the knowledge and technologies we already have but with a pace and scale of action that we are yet to mobilize."
In his speech at Chatham House earlier today, Simon Stiell stressed how critical the next two years are if we are to "save the world". As a reminder, the last UN Emissions Gap report showed that we are on track for 2.5-2.9C this century based on national commitments. We are also on track to reduce emissions by a measly 2% in 2030 from 2019, compared to the 43% required to be on track to hit net zero by 2050, based on the most recent NDC synthesis report by the UNFCCC. As of the last update in February 2024, the Climate Action Tracker shows that (still) not a single country has plans aligned to 1.5C. And yet we know 1.5C is still achievable, with the knowledge and technologies we already have but with a pace and scale of action that we are yet to mobilize. The next 2 years are therefore critical, particularly in terms of mobilising finance and strengthening national commitments for the next NDCs submission round in 2025, as SS stressed in his speech. Business tends to get a pass in most of these analyses but the role of business is so crucial in either accelerating action or reinforcing the inertia that's locking us into this lethargic pace of progress. Businesses must take a leading role not (just) because of risks and opportunities but because it is the right thing to do. Contributing to realizing a more just and liveable future on a thriving planet = the ultimate purpose statement. You can find the speech at the link in the comments. For me, the last sentences are the most important both from the lens of our agency as citizens and as business professionals: "The only surefire way to get climate at the top of the cabinet agenda is if enough people raise their voices. So my final message today is for ordinary people everywhere. Every voice matters. Yours have never been more important. If you want bolder climate action, now is the time to make yours count." #climateaction #netzero #neweconomy
U.N. climate chief says two years to save the planet
reuters.com
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