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TACKLING THE CLIMATE CRISIS IS POSSIBLE: GROUNDBREAKING REPORT BY IEA CALLS ON GOVERNMENTS TO STOP ALL NEW INVESTMENT IN AND PRODUCTION OF FOSSIL FUELS TO STAY BELOW 1.5℃
18 May 2021
The International Energy Agency (IEA), the world’s most influential energy institution, today released its flagship report “Net Zero by 2050.” The report is a first of its kind from the agency providing a comprehensive roadmap that outlines how countries can achieve an energy transition towards a 1.5 C degree pathway and in line with commitments […]
Public Climate Finance for Climate and Social Justice
26 Mar 2021
By: Eddy Perez, Co-Coordinator, CAN Finance Working Group As part of its efforts to increase momentum on climate finance, on March 31st, the UK COP 26 President is hosting a Ministerial event on Climate & Development and has invited G7 and several other rich countries and countries from the South to participate. All items officially […]
Demanding Sound Responsibility in the Banking Sector
25 Mar 2021
By: Santiago Lorenzo, Head of Sustainable Finance (CAN); CAN Representative to the UNEP FI PRB Civil Society Advisory Body (CSAB) For many decades different actors, including civil society organizations, have been demanding that private sector companies take responsibility for their operations. Responsibility starts with respecting the law, but it is not limited to it. Despite […]
OPINION: Climate Advocacy in Eastern Europe, Caucasus and Central Asia
16 Mar 2021
By: Olha Boiko, Regional Coordinator of CAN EECCA April 2020 saw the emergence of the Green Just Recovery movement in the world. This movement stands for the economic recovery of countries after the COVID-19 pandemic, which, according to environmental experts and activists, should not lead to worsening of inequality and increase in greenhouse gas emissions. […]
#WorldWeWant on International Women’s Day
8 Mar 2021
Despite the fact that women are often playing a leading role during crises, they are far too often still absent from the decision-making process and in crafting the solutions that the world requires. Women are disproportionately affected by the multiple emergencies that the world is currently facing. The effects of COVID-19, climate impacts and political […]
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.