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Climate Change Policy: Adjusting Energy Markets
17 Feb 2021
Dr. Stephan Singer, Senior Advisor Global Energy Policies at Climate Action Network International:”There is no one size fits all solution. Approaches to policy and financing need to be tailor made depending on the regional, national, and local situation. And approaches need to be reliable and predictable for investors for planning security and a supportive infrastructure such as with net metering, storage and preferred grid access for renewables – may that be the individual houseowner that puts solar on his roof or the utility scale investment by larger corporates.”
Blog 09.12.20 Five years of the Paris Agreement – time for the MDBs to increase action
9 Dec 2020
Five years ago, negotiators were celebrating the adoption of the Paris Agreement. An agreement to unite global efforts to limit global warming to 1.5°C. Today, the fight for these global efforts continues as we witness the impact of climate change on frontline communities and the importance of fighting for climate justice for those who have contributed least to this crisis but who are suffering some of the worst impacts.
Finance in Common: A missed opportunity for leadership and ambition on climate and energy
12 Nov 2020
The Finance in Common Summit brought together over 420 public development banks (PDBs) including the multilateral development banks (MDBs) as well as regional and national development banks. Given the PDBs’ mandate for environmentally sustainable development, collaboration between these banks should have had the potential to catalyse investments and build momentum towards the achievement of the […]
Finance in Common Joint CSO Statement
11 Nov 2020
Posted as an op-ed article here: https://news.trust.org/item/20201109103303-glxq3 Full CSO statement uploaded here: https://forus-international.org/en/resources/193 The world faces the gravest global health crisis in a century, intertwined with the rising social and economic inequality, the sixth mass extinction of species and record-breaking ecological and climate disasters. Against this backdrop of global upheaval, we call on public development banks meeting […]
CAN Arab World holds its General Assembly
10 Nov 2020
Despite the challenges with having a virtual meeting, CAN Arab World pulled off a very successful General Assembly (GA) on 7 and 8 November. Members from Sudan, Lebanon and Yemen shared their challenges in dealing with multiple emergencies including impacts, the pandemic and political and economic upheaval. These particular members sounded the alarm on the issues they are facing, particularly with impacts and food insecurity.
Finance in Common Summit: Public Development Banks must Deliver on the World We Want
10 Nov 2020
Originally posted as an op-ed article READ: Full CSO statement The world faces the gravest global health crisis in a century, intertwined with the rising social and economic inequality, the sixth mass extinction of species and record-breaking ecological and climate disasters. Against this backdrop of global upheaval, we call on public development banks meeting this […]
CAN Reaction to the US Elections
9 Nov 2020
The Biden-Harris administration has won this victory on the back of a strong grassroots movement that has laid the groundwork for the fight for democracy, and transformative climate action. We salute and stand by our friends and allies in the United States who worked so hard to make this happen and together we will fight […]
Blog 5.11.20 Finance in Common – An opportunity for bold climate action
5 Nov 2020
The Finance in Common Summit will be the first ever meeting of all 450 public development banks including the Multilateral Development Banks as well as regional and national development banks from across the globe The summit takes place on the 11th and 12th November and is organised by the AFD (French Development Agency), with the backing of President Macron and UN Secretary General Gutteres. It was due to take place in person in Paris but unsurprisingly has been moved online due to the pandemic.
US Withdrawal from the Paris Agreement
4 Nov 2020
The formal withdrawal of the US today from the #ParisAgreement comes amidst a shifting tide of public support for urgent and far-reaching action to stop the climate crisis. Poll after poll show that the American people want climate-friendly policies. As the US formally exits the #ParisAgreement, the world is moving forward. China, Japan and South […]
Blog 26.10.20 World Bank Annual meetings – Bolder Action Needed.
26 Oct 2020
The World Bank Annual meetings which took place virtually last week, saw calls from Big Shift Coalition members and many others for the bank to green its COVID-19 response, to stop funding fossil fuels and contribute to building the world we want.