A lot is riding on the #NCQG negotiations at #COP29 but one thing is clear: representatives must leave Baku with a strong agreement on international climate finance. 💰 In our latest article, Global Climate, Economics & Finance Program Director Melanie Robinson lays out the three essential elements that negotiators must reach consensus on this week ▶️ https://bit.ly/490cXSp
WRI Climate
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Rising to the climate change challenge
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Advancing transformative climate solutions. Analysis, insight, and research on climate change from World Resources Institute.
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https://www.wri.org/climate
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🌍 The U.S. #NDC commits to a 61-66% emissions reduction below 2005 levels by 2035, including a 2035 GHG target and an economy-wide approach. However, it lacks strengthened 2030 targets and adaptation plans—key for near-term progress. Explore more on #ClimateWatch: https://bit.ly/3M6zy5A
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The U.S. has unveiled a bold new climate commitment: reducing emissions 61-66% by 2035 under the Paris Agreement. This target provides critical direction for states, cities, and businesses to scale up climate solutions, even without federal action. Learn more from Debbie Weyl , Acting Director, WRI US ➡️ https://lnkd.in/g4-2Dkan
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COP29 delivers New Climate Finance Goal — But is it enough? At #COP29 in Baku, countries agreed on a new climate finance goal (#NCQG) of $300 billion annually by 2035, triple the previous target. While this marks progress, it’s far from the $1.3 trillion needed to support developing nations in tackling climate change. Read the full analysis: https://bit.ly/496Tr77
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Global greenhouse gas (GHG) emissions grew by 51% from 1990 to 2021 🏭 These emissions warm the planet & contribute to the increasingly devastating extreme weather events. But where exactly do emissions come from? 4 charts explain greenhouse gas emissions by sector here👉 https://bit.ly/3Vxk92S
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Today the US Environmental Protection Agency (EPA) granted California the authority to enforce strong emissions rules for passenger cars and trucks 🚗💨 California established a rule to phase out new polluting passenger vehicle sales and sell 100% zero-emission vehicles by 2035. Eleven states and Washington D.C. follow California’s light-duty zero-emission vehicles rule. Read WRI's statement: https://bit.ly/3DmATnu
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The countdown to stronger #NDCs is on. Sophie Boehm, Senior Research Associate at World Resources Institute, shares why sector-specific targets for power, transport, and food are essential for achieving national net-zero goals. 🎥 Discover how sectoral targets can turn climate commitments into action: https://bit.ly/4eVv7Xt
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Join #ClimateWatch tomorrow to explore the latest updates on NDCs, including new submissions from Brazil and the UAE, and insights into how countries are stepping up their climate ambition—or promising to do so. World Resources Institute experts Jamal Srouji, Leandro Vigna, and Brynne Wilcox will provide an overview of the current state of play and offer a live demo of the new NDC Tracker on Climate Watch. Register ➡️ https://bit.ly/3zwY0ds
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WRI Climate reposted this
🔋⚠️With the election of Donald Trump, the US faces a shifting energy landscape. What will the new administration mean for clean energy? What changes to energy policy can we expect, and where can progress continue? The clean energy transition is well underway in the US and globally, and it shows no sign of slowing down. Join our webinar on December 18 at 1 pm ET to learn more about areas where #CleanEnergy progress is still achievable➡️ https://bit.ly/3OMXb4l #Energy #TrumpAdministration #Webinar #GreenEnergy #EnergyTransition #ClimatePolicy
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NEW RESEARCH: With forecasts projecting that industry will be the highest emitting sector in the United States by 2030, decarbonizing this sector is critical for the U.S. to achieve net zero emissions. WRI Climate’s new research explores the many industrial policy tools that both federal and state policymakers can use to secure the future of U.S. industries by catalyzing private sector funding, creating jobs, revitalizing manufacturing communities, and ensuring American competitiveness in global markets, while reducing emissions. Three key policy categories from our research include: 💰 Tax credits, subsidies, and grants to incentivize reducing the emissions intensity of products. 🛒 Demand-side levers to create a market for those products. 🪙 Market-based mechanisms to disincentivize use of conventional, emissions-intensive processes. Read the Expert Note to learn more ➡️ https://bit.ly/4gc4770