Announcements
Announcements
Relying too heavily on international private finance to fund climate action and other sustainable development in developing countries is a mistake. Instead, Least Developed Countries and Small Island Developing States need help to mobilize domestic finance.
This is part of a series on the Global Goals for Sustainable Development appearing on the World Economic Forum’s Agenda blog. It focuses on Goal 13 – Take urgent action to combat climate change and its impacts.
Just days away from a historic adoption of the Sustainable Development Goals, the plans in place to finance development and low-emissions energy are woefully inadequate. Progress in reforming them have been too little, too late.
Growing pressure on public finances, particularly in high-income countries, means states must do all they can to minimize transaction costs, enhance transparency, and apply lessons learned in one setting to others.
Private finance is being viewed as the saviour. But is this misplaced? The $100 billion per year promised by developed countries to the United Nations Framework Convention on Climate Change (UNFCCC) by 2020 to fund climate action in developing countries is to come from “all sources”. But to date, there is little to show.
Source: Agenda blog, World Economic Forum
Journal article / This article focuses on the state practice of Caribbean SIDS regarding the consent regime for marine scientific research under UNCLOS.
Other publication / This report provides the content of the discussions and critical insights from a series of backcasting exercises from UNEP Regional Foresight Workshop.
Project / SEI Asia led discussions at the UNEP’s Environmental Horizon Scanning on foresight and future planning.
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