"From Riches to Rags?" looks into the subject of stranded assets in the fossil fuel sector. Stranded assets are assets that lose value, or generate new liabilities, before they reach the end of their (planned) economic life. In this paper, assets primarily refer to fossil fuel resources (oil, gas and coal) that need to stay in the ground because otherwise the 2-degree target specified in the Paris Agreement would be jeopardised.
Climate-driven disasters are becoming business as usual. But how did climate change affect a particular extreme weather event such as hurricane Maria? This article looks at how attribution science helps policy making get off on the right foot and argues that in light of pressing climate risks, we must move from emergency relief to resilient programming.
Former UN climate Chief Christiana Figueres, one of the architects of the Paris Agreement, has called on the European Union to step up regulatory action against deforestation in the global south by tackling emissions of imported agricultural goods like beef, soy and palm oil.
Top officials from Canada, Mexico and the US are now renegotiating the 23-year old North America Free Trade Agreement (NAFTA). On the campaign trail, candidate Trump consistently called NAFTA “the worst trade deal ever,” and, in one of his first official acts as president, he signed an executive order to renegotiate the agreement. The first round has just ended, so we are about to get an important clue about the direction of travel of climate diplomacy and policy in Canada, Mexico and the US.
This report provides an assessment of how governments can generate inclusive economic growth in the short term, while making progress towards climate goals to secure sustainable long-term growth. It describes the development pathways required to meet the Paris Agreement objectives.
From 14-15 January 2017, the seventh session of the Assembly of IRENA will be held in Abu Dhabi, United Arab Emirates. At its sixth session, the Assembly designated Italy as President of its seventh session and the Dominican Republic, Indonesia, Jordan, and Morocco as Vice-Presidents.
Diplomacy has an important role to play in creating an economy compatible with the target of staying below 2°C warming, agreed in Paris in 2015. At the climate conference in Marrakech (COP22) from 7 to 18 November 2016, dubbed the “implementation conference”, many new initiatives strengthened the impression that low-carbon transformation had gone mainstream.
This brief summarises the insights of the regional workshop on Foreign Policy Contributions to Climate Economy in Latin America that was organised by adelphi, Fundación Futuro Latinoamericano (FFLA) and the German Embassy in Lima as part of the climate diplomacy initiative. It aimed to promote regional dialogue on the climate economy and brought together representatives from foreign ministries and other line ministries, civil society and the private sector from across Latin America, in particular the Andean countries.