Many countries have rolled out climate policies since the adoption of the Paris Agreement in December 2015. A new report gathers data on the capital investments that will drive the construction of all that new infrastructure.
A recently released report from the International Finance Corporation (IFC) "shows that the historic global agreement on climate change adopted in Paris helped open up nearly $23 trillion in opportunities for climate-smart investments in emerging markets between now and 2030."
The study references the national climate-change commitments and policies of 21 emerging-market economies. In total, those 21 economies represent 48 percent of worldwide carbon emissions. The report targets the sectors with the greatest investment opportunities in each global region. So, for instance, green building offers investment potential of $16 trillion in countries like China, Indonesia, the Philippines, and Vietnam.
FULL STORY: CLIMATE INVESTMENT OPPORTUNITIES TOTAL $23 TRILLION IN EMERGING MARKETS BY 2030, SAYS REPORT
California is Updating its Climate Adaptation Strategy
The 2024 draft plan outlines the state's key climate resilience priorities, includes specific and measurable actions, and serves as a framework for collective efforts across sectors and regions in California.
FEMA Climate Resilience Loans Target Small Communities
A new loan program reduces the bureaucratic hurdles to implementing small-scale climate adaptation projects.
HUD Announces Grants for Efficiency Retrofits in Multifamily Housing
A new program will fund solar panels, heat pumps, and other measures aimed at reducing emissions, improving air quality and resident health, and reducing heating and cooling costs.
San Diego to Rescind Multi-Unit ADU Rule
The city wants to close a loophole that allowed developers to build apartment buildings on single-family lots as ADUs.
Has President Trump Met His Match?
Doug Ford, the no-nonsense premier of Canada's most populous province, Ontario, is taking on Trump where it hurts — making American energy more expensive.
Study: London ULEZ Rapidly Cleaning up Air Pollution
Expanding the city’s ultra low-emission zone has resulted in dramatic drops in particle emissions in inner and outer London.
San Jose Mayor Takes Dual Approach to Unsheltered Homeless Population
In a commentary published in The Mercury News, Mayor Matt Mahan describes a shelter and law enforcement approach to ending targeted homeless encampments within Northern California's largest city.
Atlanta Changes Beltline Rail Plan
City officials say they are committed to building rail connections, but are nixing a prior plan to extend the streetcar network.
Are Black Mayors Being Pushed Out of Office?
The mayors of New York, St. Louis, and Pittsburgh all stand to lose their seats in the coming weeks. They also all happen to be Black.
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