Financing the Urban Transition: Policymakers' Summary

National and multilateral development banks are key to scaling up clean energy investment to at least US$1 trillion per year, according to a new paper released ahead of the World Bank-IMF Spring Meetings.

Enhanced nationally determined contributions can forge the way towards a more inclusive, resilient and sustainable world after COVID-19 – and the world’s major emitters should lead the way, writes Helen Mountford.

A study by the World Resources Institute (WRI) identifies many real-world examples where government policies and sustained technological progress in the United States are creating opportunities to reduce greenhouse gas emissions, while delivering net economic benefits. "Business leaders are waking up to this reality and it’s time for more U.S. elected officials to do the same,” said Andrew Steer, President and CEO, WRI.

Chair of the Global Commission on the Economy and Climate Felipe Calderón joined Buenos Aires Mayor Mauricio Macri and Mexico City Mayor Miguel Ángel Mancera in announcing both the C40 City Bus Declaration of Intent and a Latin American Cities Declaration on the Compact of Mayors.

A new paper from the New Climate Economy shows there is large untapped potential for fuel efficiency gains in both aviation and shipping sectors that would cut costs and reduce emissions. International aviation and shipping have grown dramatically in the last few decades along with their emissions: aviation and shipping now produce 5% of global CO2 emissions, and by 2050, that share could rise to as much as 32%. Much of the potential to reduce emissions in aviation and shipping can be unlocked through existing technologies and practices that leading companies in each sector have already embraced. However, as this new paper shows, market failures and political barriers are hindering progress.

Statement from President Felipe Calderón, Former President of Mexico and Chair of the Global Commission on the Economy and Climate:

Acting on climate change can certainly be driven by pure pragmatism: the economics of it are clear, writes Felipe Calderón.

New analysis is finding that bold climate action could yield a direct economic gain of $US26 trillion through to 2030, compared with business=--as-usual.

Governments must build back better after the COVID-19 crisis via inclusive, green and resilient growth, writes Helen Mountford

The New Climate Economy project launched in Ethiopia on March 6th, some of the largest media outlets in the count

Former President Felipe Calderon launched the New Climate Economy's "Better Growth, Better Climate Report" in Mexico, along with Helen Mountford, Director of the New Climate Economy and María Amparo Martínez Arroyo, General Director of the National Institute of Ecology and Climate Change.

"We welcome this announcement and the fact that Mexico is the first major emerging economy to declare its commitment to a low-carbon future. This is an example for other countries, including developed countries, to follow,” former President Felipe Calderón and Chair of the Global Commission on the Economy and Climate said.

A new paper, Implementing effective carbon pricing, from the New Climate Economy shows that carbon pricing works and doesn’t harm the economy. It urges developed and emerging economies, with the G20 in the lead, to commit to introducing carbon prices of roughly comparable levels by 2020.