Despite some encouraging developments at events such as the G20 and COP28 Summit planning meetings, the UN last week warned that the world is not on target to curb glo...
The current international climate regime is at its strongest when it comes to understanding the threats posed by climate change, through entities like the Intergovernmental Panel on Climate Change. However, many argue this regime is unable to catalyse action at the required pace and scale.
The Global UN for Climate Change would be a body with one important difference from current institutions like the UN Framework Convention on Climate Change: it should have the ability to catalyze “faster decarbonisation action.” In the past we have experimented with different institutional frameworks—G20 being one of them—to complement the UNFCCC by enabling meaningful dialogue among the countries whose financial commitments and progress on mitigation truly matter.
The second piece of the proposed system would be a new climate-focussed Multilateral Development Bank. For now, we could call this the Global Climate Bank. Unlike the current MDBs, it will be a new institution with none of the baggage. Its investments would go deep rather than broad, catalyzing investment in areas that are critical for climate outcomes rather than for poverty-eradication outcomes.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Climate Week NYC: news and protests surrounding the UN Climate Ambition SummitThe Verge is on the ground at the biggest protests and events.
Read more »
AOC, Markey Introduce Bill to Establish New Deal-Inspired Civilian Corps to Combat Climate CrisisA Civilian Climate Corps would mobilize the U.S. workforce in the fight against the climate crisis.
Read more »
Which cities will still be livable in a climate-altered world?These northern U.S. communities may not be completely immune to a warming world, but they are well-placed to meet the needs of an influx of climate migrants.
Read more »
All Eyes Are on World Leaders to Do Better at the Climate Ambition SummitGovernments are being asked to commit to more ambitious emission reduction commitments for 2030 and beyond by 2025, as well as to boost climate finance commitments from rich nations.
Read more »