Inter-American Development Bank Group Climate Change Action Plan 2021-2025

2021 ◽  
Author(s):  

The Climate Change Action Plan describes the IDB Groups progress since 2016 to support the regions need for low-carbon and climate-resilient development finance and its plan to raise climate ambition continuously in the region. The Second Update to the Institutional Strategy specifies that cross cutting issues, including climate change, continue to hamper development and that the IDB Group will renew its commitment to address them. The climate-finance goal set in the Bahamas Resolution has been extended through its inclusion in the IDB Group Corporate Results Framework 2020- 2023 (CRF 20202023).5 At the same time, all MDBs have committed to complement tracking of their financial contributions to climate action with a new approach focused on the consistency of their support with long-term decarbonization and climate resilience efforts. To this end, MDBs have outlined a common approach to support countries to deliver on their commitments under the PA. There has also been increasing recognition of the need to measure the results of the IDB Groups climate action and the complexity it entails.

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Cathy Daly ◽  
Caroline Engel Purcell ◽  
Jacqui Donnelly ◽  
Clara Chan ◽  
Michael MacDonagh ◽  
...  

PurposeIreland's Climate Action and Low Carbon Development Act 2015 established the requirement for a National Adaptation Framework (NAF) composed of nine sectoral plans, of which Built and Archaeological Heritage is one. All the plans were written according to the six-step process outlined in Sectoral Planning Guidelines for Climate Change Adaptation produced by the Department of Communications, Climate Action and Environment (DCCAE, 2018) which is also the government department charged with coordinating the NAF. This article will summarise the application of the methodology to heritage resources in Ireland, the issues encountered and the results achieved.Design/methodology/approachThe plan was informed by existing research and incorporated expert, stakeholder and public consultation throughout the process. It also closely considered published plans from other sectors in order to aid consistency within the NAF and to ensure cross-cutting issues were highlighted.FindingsOf the many potential impacts of climate change, those identified as priorities for adaptation planning in Ireland were flooding (inland and coastal), storm damage, coastal erosion, soil movement (landslip or erosion), changing burial preservation conditions, pests and mould, wildfires and maladaptation. Goals, objectives and an action plan were developed commensurate with the five-year term of the plan, but also initiating a long-term strategic vision. A monitoring strategy was developed to monitor progress, identify problems and inform improvements to the adaptation plan as part of an iterative process.Originality/valueMuch work is being done on the topic of climate change and cultural heritage, yet at the time of writing Ireland is believed to be the only country to have adopted a national adaptation plan for cultural heritage.


2021 ◽  
Author(s):  

As one of the leading development partners for Latin American and the Caribbean (LAC), the Inter-American Development Bank Group (IDB Group) is fully committed to lead by example on climate change action. Since the signing of the Paris Agreement, the IDB Group has provided over $20 billion in Climate Finance, amounting to about 60% of all Climate Finance to the region from Multilateral Development Banks (MDBs).


Author(s):  
Saurabh Thakur

Anthropogenic climate change has emerged as the most disruptive socio-political issue in the last few decades. The Kyoto Protocol’s failure to curb the rising greenhouse gases emissions pushed the UNFCCC-led negotiations towards a more flexible, non-binding agreement at the Paris COP21 meeting in 2015. The Paris Agreement’s hybrid approach to climate change governance, where flexible measures like the nationally determined commitments are balanced against the ambition of limiting the global temperature within the two-degree range, ensured the emergence of an increasingly complex and multi-stakeholder climate change regime. The article outlines the roadmap of the transition from the top-down approach of Kyoto Protocol to the legally non-binding, bottom-up approaches adopted for the post-Paris phase. The article outlines the post-Paris developments in international climate politics, which hold long-term geopolitical and geoeconomic implications. The article focuses on the fundamental shifts and balances within the UNFCCC architecture and examines the four fundamental features of this transition—the interpretation of differentiation and common but differentiated responsibilities, the evolving role of emerging economies in the negotiations, the rising profile of non-party stakeholders in shaping the climate action strategies and the emergence of climate justice movements as an alternate site of climate action.


2019 ◽  
Vol 14 (1) ◽  
Author(s):  
Wenjuan Yang ◽  
Rongqin Zhao ◽  
Xiaowei Chuai ◽  
Liangang Xiao ◽  
Lianhai Cao ◽  
...  

AbstractClimate change has emerged as one of the most important environmental issues worldwide. As the world’s biggest developing country, China is participating in combating climate change by promoting a low carbon economy within the context of global warming. This paper summarizes the pathways of China’s low carbon economy including the aspects of energy, industry, low carbon cities, circular economy and low carbon technology, afforestation and carbon sink, the carbon emission trading market and carbon emission reduction targets. There are many achievements in the implementation of low carbon policies. For example, carbon emission intensity has been reduced drastically along with the optimizing of energy and industry structure and a nationwide carbon trading market for electricity industry has been established. However, some problems remain, such as the weakness of public participation, the ineffectiveness of unified policies for certain regions and the absence of long-term planning for low carbon cities development. Therefore, we propose some policy recommendations for the future low carbon economy development in China. Firstly, comprehensive and long-term planning should be involved in all the low carbon economy pathways. Secondly, to coordinate the relationship between central and local governments and narrow the gap between poor and rich regions, different strategies of carbon emission performance assessment should be applied for different regions. Thirdly, enterprises should cooperate with scientific research institutions to explored low carbon technologies. Finally, relevant institutions should be regulated to realize comprehensive low carbon transition through reasonable and feasible low carbon pathways in China. These policy recommendations will provide new perspectives for China’s future low carbon economy development and guide practices for combating climate change.


2021 ◽  
Vol 2 (4) ◽  
pp. 77-102
Author(s):  
Agyemang Sampene ◽  
Cai Li ◽  
Fredrick Agyeman ◽  
Robert Brenya

Global climate change has emerged as humanity’s greatest challenge, affecting both the natural security of the earth and the long-term growth of human society. Protecting the environment and fostering long-term growth while reducing carbon emissions has become a global concern. The BRICS countries (Brazil, Russia, India, China, and South Africa) are participating in the fight against climate change through the promotion of low-carbon environment (LCE). In this study, we use content analysis to discuss some of the policies, plans, and programs outlined by the various governments in the BRICS that can help them implement an LCE. The study indicates that currently Brazil, Russia, India, China, and South Africa are rated as “insufficient,” “critically insufficient,” “compatible,” “incompatible,” and “highly insufficient” respectively in their commitment to nationally determined contributions (NDC) to the Paris Agreement. The paper recommends that the BRICS countries achieve an LCE through expanding low-carbon investments and financing, focusing on taxation that goes beyond energy, investing in low-carbon cities, adapting to a circular economy and low-carbon technologies, expanding electricity markets, and promoting climate-friendly international trade among the BRICS countries.


Author(s):  
Barry Buzan

Climate change is a threat to all of humankind, yet there is still a leadership vacuum on climate governance. At the same time, the deepening climate crisis also presents a golden opportunity for Beijing to assume the role of a global leader. China has the capacity to do it in a way that the United States, Russia, India, and the European Union do not. Taking swift climate action is in Beijing’s interest. Greater contributions to climate governance will certainly help advance China’s long-term political interest in both raising its political status and demonstrating the claimed superiority of its system of government. Positive rhetoric and robust action by China are likely to have a disproportionate effect on the rest of the world. Policy adjustment and implementation by Beijing will bring benefits to the rest of the world. Climate policy options that Beijing may take in the future are not mutually exclusive. The policy shift on climate change could also be attached more firmly to the idea of sustainable development as a defining factor of China’s approach to tackling the climate change threat.


2021 ◽  
Author(s):  
Sofía Viguri ◽  
Sandra López Tovar ◽  
Mariel Juárez Olvera ◽  
Gloria Visconti

In response to the Paris Agreement and the Sustainable Development Goals (SDGs), the IDB Group Board of Governors endorsed the target of increasing climate-related financing in Latin America and the Caribbean (LAC) from 15% in 2015 to 30% of the IDB Groups combined total approvals by 2020. Currently, the IDB Group is on track to meet this commitment, as in 2018, it financed nearly US$5 billion in climate-change-related activities benefiting LAC, which accounted for 27% of total IDB Groups annual approvals. In 2019, the overall volume and proportion of climate finance in new IDBG approvals have increased to 29%. As the IDB continues to strive towards this goal by using its funds to ramp-up climate action, it also acknowledges that tackling climate change is an objective shared with the rest of the international community. For the past ten years, strategic partnerships have been forged with external sources of finance that are also looking to invest in low-carbon and climate-resilient development. Doing this has contributed to the Banks objective of mobilizing additional resources for climate action while also strengthening its position as a leading partner to accelerate climate innovation in many fields. From climate-smart technologies and resilient infrastructure to institutional reform and financial mechanisms, IDB's use of external sources of finance is helping countries in LAC advance toward meeting their international climate change commitments. This report collects a series of insights and lessons learned by the IDB in the preparation and implementation of projects with climate finance from four external sources: the Climate Investment Funds (CIF), the Forest Carbon Partnership Facility (FCPF), the Green Climate Fund (GCF) and the Global Environment Facility (GEF). It includes a systematic revision of their design and their progress on delivery, an assessment of broader impacts (scale-up, replication, and contributions to transformational change/paradigm shift), and a set of recommendations to optimize the access and use of these funds in future rounds of climate investment. The insights and lessons learned collected in this publication can inform the design of short and medium-term actions that support “green recovery” through the mobilization of investments that promote decarbonization.


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