Examples of growing climate action: Finance

Read inspiring stories that show that action is happening to generate climate-friendly finance

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  1. (Posted 19 February) Big investors like Microsoft, Deutsche Bank and Bank of America are getting jazzed about green bonds. What makes green bonds different from other fixed income products is that their revenue often comes from climate-friendly businesses and projects, such as wind and solar power. Their S&P credit ratings are AAA and their scope and potential return is expanding. cnb.cx/1eznoIa #climatefinance
  2. (Posted 12 February) A model of #climatefinance: the New York Green Bank, the largest green bank in the US, is now open and seeking lenders/investors for renewable energy and energy efficiency projects bit.ly/1dH4sqP
  3. (Posted 28 January) Great example of climate finance. The Adaptation for Smallholder Agriculture Programme channels climate finance to millions of smallholder farmers worldwide so they can access the tools and technologies that help build their resilience to climate change. More: bit.ly/1bl14QP
  4. Great example of climate finance. The Adaptation
  5. (Posted 23 January) Sudan’s Low Smoke Stoves initiative delivers health and economic benefits to households in the strife-torn region of Darfur, where climate change, drought and desertification are a fact of life. The project provides micro-financing opportunities for families wanting to replace traditional wood and charcoal stoves with more energy-efficient and clean stoves. More: bit.ly/18cRaWO
  6. Sudan's Low Smoke Stoves initiative delivers ...
  7. (Posted 14 January) In Kenya, the African Development Bank has initiated a Green Zone Development project to provide biogas fuel for schools, saving trees from being cut for firewood, and improving food security. This is a great example showing how people can combine climate change mitigation with improved livelihoods: bit.ly/1agoBDz
  8. In Kenya, the African Development Bank has ...
  9. (Posted 13 January) Remarkable leadership: Typhoon-battered Philippines aims to be 100% per cent powered by renewables within a decade. The Philippines government has approved 8 new hydro projects and 4 wind projects steps, taking concrete steps towards achieving this goal bit.ly/1aWFza9
  10. Remarkable leadership: Typhoon-battered ...
  11. (Posted 26 November) Uzbekistan is one of the most carbon intensive countries in the world, with nearly 90% of power generated from fossil fuel-based plants. The Asian Development Bank is supporting the construction of the country's first solar power plant, which will dramatically cut greenhouse gas emissions. buzz.mw/b5jya_n
  12. Uzbekistan is one of the most carbon intensive ...
  13. (Posted 23 October) Costa Rica has opened its environmental bank BANCO2, a milestone towards the country's target of full carbon neutrality in 2021 bit.ly/16VLRbY
  14. Inspiring news on UNFCCC's Climate Finance ...
  15. (Posted 18 October) Good news from Sweden and a potential game-changer! The $38-billion Fourth Swedish National Pension Fund, AP4, has decided to start investing in low-carbon assets. Currently the Fund had large holdings in carbon intensive companies, but this is set to change - not least because low-carbon is simply more profitable. bit.ly/1crOkvo
  16. Good news from Sweden and a potential ...
  17. (Posted 2 October) The International Monetary Fund recently offered to “shine a light on the murky cobweb of energy subsidies” in order to accelerate the transition to a green economy. Read the full speech by Christine Lagarde here: tiny.cc/a4o93w
  18. Wednesday is #climatefinance day on UNFCCC ...
  19. (Posted 2 October) The City of Palo Alto, California is walking (or rather driving) the clean energy talk.  The city is showing climate leadership at a municipal level by obliging all new homes to install charging stations for electric cars. The financial burden is small, and comes at a fraction of the cost of retrofitting an older home. bit.ly/1btmhLI
  20. Walking (or rather driving) the clean energy ...
  21. (Posted 1 October) Zambia will be the recipient of US$38 million from the Climate Investment Funds' Pilot Programme for Climate Resilience. This crucial climate finance can make 800,000 rural communities in Zambia more climate resilient bit.ly/1blG4jF
  22. Zambia will be the recipient of US$38 million ...