"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.
It is undoubtedly a challenge for climate policy actors to identify reliable evidence to support sound decision-making processes for tackling climate issues effectively. Still, differentiating between fact and fiction, well-designed and invalid science, evidence- or interest-based arguments is precisely what determines the quality of climate policies.
In the advent of taking over the next G20 presidency, Argentina lays out its G20 agenda for 2018. Entitled 'sustainable development', the agenda seeks clarity in the reduction of emissions and emphasizes the ratification of the commitments made in the Paris Agreement. Yet, the spotlight is being pointed to Argentina's own climate action efforts.
Russia is “playing politics with energy supplies,” said U.S. Secretary of State Rex Tillerson at a major policy speech at the Wilson Center in November. In Europe, the debate is raging over how best to achieve energy security in the face of the twin challenges of Russian dominance and the need to decarbonize the economy. The ongoing securitization of Russian natural gas could not only complicate the road to a low carbon future in Europe, it could also undermine a European integration project that has mostly been a success.
The conference will look at the health-related Nexus issues recognizing that with climate change these will increase. It will look at the migration and mobility as governments and stakeholders start to develop the Global Compact on Migration over the next two years.
Representatives from around the world are meeting in Bonn this week to discuss progress towards the goals of the Paris climate agreement. A large part of this challenge involves rapidly scaling up the deployment of renewable energy, while curbing fossil fuel use – but little attention has been paid to the minerals that will be needed to build these technologies.
News that the Trump administration will move to repeal and replace the clean power plan (CPP) – a major initiative to cut emissions from the US electricity sector – has been met with concern overseas.
The EU is currently negotiating a trade agreement with the four founding members of Mercosur. Negotiations cover a broad range of issues—but 1) do they consider climate change and 2) can compromises on environmental issues be found? In our interview, Christian Hübner, Head of the Regional Programme Energy Security and Climate Change Latin America, notes points of contention and shares how the EU and Mercosur can both benefit from deeper cooperation on energy and climate policy.
The region at the base of the Himalayas faces difficult tradeoffs when allocating water for energy production versus agricultural, industrial, and domestic uses. As weather patterns are becoming irregular, the construction of new power plants faces increasing resistance from local communities, resulting in social disruptions and instability. Keith Schneider argues that governments must look beyond hydropower and coal.
Recovering after a severe crisis may serve as a critical juncture to mainstream adaptation and drive sustainable resilience outcomes. Reflecting on the failures and missed opportunities in the case of reconstruction in Nepal two years after the devastating earthquake, several important lessons can be drawn that will help other world regions better integrate energy access with resilience thinking and adaptation planning.
Tomorrow's megacities will be more crowded, but also greener. What's in them for women as they increasingly demand a space suited to their needs? Can women take the lead in designing more sustainable cities?
Climate finance is supposed to fund projects in developing countries that support the path towards limiting global warming to 1,5°C – a goal that was confirmed in the Paris Agreement in December 2015. For this it needs a paradigm shift to low-emission and climate-resilient development as the statute of the Green Climate Fund (GCF) states. At the same time, projects funded under climate finance should not hamper development or lead to the violation of human rights. Climate finance can therefore not only focus on the environmental aspects of the investments funded, but also needs to be incorporated into the wider context of development, as i.a. the Sustainable Development Goals (SDGs) are reflecting.