Sameer Jain’s Post

Policy Watch: Countries connect the dots between climate and health, but will finance follow? Jess Beagley, policy lead at the Global Climate and Health Alliance, would like to see an onus on funders of big projects to have criteria stipulating that applications should include multiple sectors. “If it's an intervention in the energy sector, they should show that there is energy expertise and health expertise, or for a nutrition intervention, then again, from agriculture and health to make sure that those different players or ministries are actually talking to each other and decisions are going to be made in a way that offers maximum benefit.” https://lnkd.in/dH5FzHXV #climatefinance

Climate change is the defining challenge of our time for mankind, and there should be little dispute about it in the saner world. Its consequences are far-reaching, widespread, and profound. Yet, when the world's largest democracy goes to the polls in the coming weeks, there's little mention of crucial aspects of climate action in the loud political narratives and election campaigns. No political party is an exception. Almost all the experts I've spoken to – for this story or otherwise – are convinced that climate action and sustainability matter very little when it comes to elections, whether in India or elsewhere. Sadly, it needn't be this way. With some stellar inputs from Dhruba Purkayastha, PhD Sangeeth Raja Selvaraju Suruchi Bhadwal Nandini Das Rajeev Gowda Alongside the splendid Robin Hicks, for Eco-Business Climate Policy Initiative | Bhartiya Janta Party (BJP) | Climate Analytics | TERI - The Energy and Resources Institute | Indian National Congress | Grantham Research Institute on Climate Change & the Environment #Climatechange #sustainability #India #Pollution #Elections #Modi #Environment #Water

A new study from our partners at the University of Oxford found what should be obvious to us all: climate change is an economic disaster. The researchers found that in the UK, damage to the natural environment could cost the economy an estimated 12% reduction to GDP in the years ahead. This impact would be larger than the hit to GDP from the global financial crisis or Covid-19. As climate change becomes a bigger part of our lives, its impact on the economy will only grow. The #NYClimateExchange is committed to solutions that preserve both our environment and our livelihoods. Read more about the study: https://lnkd.in/eaY7nqiC

Check out the most recent deals and news in C4C's Climate Investment Newsletter, and let us know if there is anything you feel we should cover this week!

Addressing the interconnected crises of debt, biodiversity loss, and climate change requires innovative solutions and collaborative efforts. At the recent United Nations climate conference, multilateral development banks and environmental institutions committed to enhancing funding mechanisms to support developing countries in tackling these challenges. A proposed "Task Force on Sustainability-Linked Sovereign Financing for Nature and Climate" aims to reform debt-for-nature swaps, leveraging voluntary transactions to reduce debt in exchange for environmental commitments. Key reforms include scaling up debt relief, empowering debtor countries in implementation, using performance-linked instruments, and integrating metrics across conservation, emissions reduction, and climate adaptation. These reforms hold promise for achieving meaningful progress in addressing pressing global issues. 🌍💰 #DebtForNature #ClimateAction #BiodiversityConservation #GlobalPartnership https://lnkd.in/ezu7PRdM

Climate policy Q1 2022 - Q2 2024. Policy momentum in Q2 has slowed in terms of overall announcements when compared to Q1 2024, while key policy areas like clean power & agriculture have become transition battlegrounds, creating uncertainty in the global policy environment. IPR tracked 74 credible & material policy announcements in Q2 2024, a 24% decrease from policies tracked in Q1 2024. Changes in leadership, pre-election activity shifts & summer recesses are likely contributing to this decrease in activity. 60% of cumulatively tracked policies are in line with a well below 2°C outcome. Developing economies are closing their gap with new energy & land use policies. The largest policy gap by emissions in advanced economies is in the land use sector. Latest resouces from IPR: Download the full Q2 Report released on July 10th here: https://lnkd.in/ghh96QKm Catch Up - on the Webinar Watch or listen to the 10th July Webinar via Principles for Responsible Investment Webinars on Demand: https://lnkd.in/gr8QqH_h (1:01:11secs) Our IPR Policy Forecast - Mid Year Asessment explores the policy landscape further. https://lnkd.in/gC5JgMpP #iprforecasts #quarterlybriefings #webinar #climate #policy #transition #energy #landuse #investment #risk #opportunity #acceleration #netzero #stocktake #gst #ratchet #NETs #ESG #sustainability #NBS

🌍 New ActionAid Report: The industries fuelling the climate crisis are draining public funds in the Global South🌍 A shocking new report reveals that fossil fuels and industrial agriculture are draining over $600 billion in public subsidies from Global South countries every year. While these climate-wrecking industries thrive, essential sectors like renewable energy receive 40 times less public finance. The Global North's climate finance promises remain grossly insufficient, locking the Global South into harmful development pathways that devastate communities and ecosystems. It's time for a bold shift: redirect public finance toward people-led climate solutions like agroecology and decentralized renewable energy to safeguard livelihoods, food, and energy access. link : https://lnkd.in/dDG5UJjb #ClimateJustice #DebtJustice #PayUp #JustTransition

🌍 Insightful Session on Monetary-Fiscal Policy & Climate Commitments 🌍 I recently had the privilege of attending an insightful lecture by Prof. Lekha S. Chakraborty Madam, organized by the Odisha Economic Association, on the topic "Monetary-Fiscal Policy Interface & Climate Change Commitments." The session highlighted not only the core intersection of fiscal-monetary policy and climate action but also touched on the implications of climate catastrophes and social stability. I was fortunate to engage directly, posing a question about climate policy's role in enhancing national security frameworks amidst growing environmental crises. Prof. Chakraborty addressed it with clarity, considering it as one of the major repercussions of climate change. She emphasizes how integrated fiscal mechanisms can provide resilience against climate-related disruptions and improve socio-economic security. 🌱 This discussion reaffirmed the importance of adapting our fiscal policies in response to climate challenges. The discussion also stressed the Azerbaijan conference to be held on 11th Nov this year. Where the #climatefinancing will be emphasized at the top of every issue to leverage the green infrastructure and to clear the menace of #energypoverty. It’s inspiring to witness how thought leaders are tackling these critical issues at the intersection of economics and environmental sustainability. Grateful for this opportunity to learn and grow with such esteemed guidance! #ClimateAction #FiscalPolicy #Sustainability #EconomicPolicy #nationalsecurity #UNFCCC #COP29 #SDG

How can fossil fuel-dependent countries transition to cleaner, more equitable energy systems while ensuring prosperity? This is the urgent question we addressed at our Policy Dialogue on Just #EnergyTransitions held in #Salzburg in September. 🏞️    Climate Strategies and our partners convened global policymakers, researchers, and leaders from countries across Africa, Latin America, and beyond to share insights and co-design pathways for prosperity post-fossil fuels.⚡    Our discussions centred on the need for inclusive, evidence-based approaches that balance immediate socioeconomic needs—like health, jobs, and poverty reduction—with long-term climate goals. By creating a neutral space for open dialogues, we helped foster cooperation and develop context-specific solutions for nations facing complex challenges in the energy #transition. 🤝    Follow our page as we continue to refine these insights into actionable recommendations for policymakers over the coming weeks. 🌱 Visit our website for more details: https://lnkd.in/e9iNZkgS Salzburg Global Seminar Stanley Center for Peace and Security WINDWARD FUND 

An excellent piece by Karen Florini and Alice Hill published in the Foreign Affairs Magazine providing a very comprehensive, insightful and thought-provoking analysis on the sensitive connection between climate change and democracy. A couple of own thoughts and reflections: ◾ Climate change can pose a profound threat to democracy positioned in the economic equity, social cohesion and political stability nexus. ◾ Extreme weather events can exacerbate existing socio-economic inequalities. ◾ Populations being faced with existential threats will highly likely turn to authoritarian figures and regimes, undermining democratic norms, values and processes. The urgency of climate action can be manipulated via misinformation and disinformation narratives in order to justify the adoption of undemocratic measures, foster public confusion and deepen the fracturing of democratic discourses. ◾ The strain on natural resources will result in escalated conflicts and regional destabilizations making democratic governance very challenging. ◾ Economic disruptions caused by climate change can lead to the erosion of trust towards democratic institutions spiking public disillusionment around the ineffectiveness of these institutions to address urgent crises, undermining the overall legitimacy of democratic governance. Moreover, the disproportional effect of these economic disruptions to marginalized communities will highly-likely result in the deepening of social divides by fostering resentment, political polarization and apathy or even radicalization. ◾ Geopolitical ramifications, especially around competition for natural resources, can result in a fragmented international landscape hampering the development of equitable and fair climate policies putting democratic governance in peril. ◾ Climate-induced migration and large-scale displacements can provoke xenophobic and nationalist sentiments against climate refugees, promoting racist and exclusionary policies, raising ethno-nationalist movements and leading to societal polarization that are detrimental to democratic cohesion and norms. Climate change contributes towards a perilous environment for democratic governance. There is imperative need for reinforcing democratic norms and institutions to ensure societal resilience and inclusion in order to withstand the multifaceted intricacies and impacts of climate change. #climatechange #climatechangedemocracy #climatechangepolicies #climatedemocracy #climatechangeinstitutions #climaterisks #climatechangegeopolitics #foreignaffairs