This learning builds on the successful report, ‘Emissions Trading in Practice: Handbook for Design and Implementation’, developed by the Partnership for Market Readiness (PMR) and International Carbon Action Partnership (ICAP).

The case for climate action has never been stronger. Current weather extremes, including storms, floods and drought, affect millions of people across the world. Climate change is putting water security at risk; threatening agricultural and other supply chains as well as many coastal cities. The likelihood of severe pervasive and irreversible impacts will grow without action to limit and reverse the growth of GHG emissions globally.

The report is a one stop shop for learning about key developments and prospects of existing and emerging carbon initiatives. A challenging international carbon market has not stopped the development of domestic carbon pricing initiatives. Today, about 40 national and over 20 sub-national jurisdictions responsible for almost one fourth of global greenhouse gas emissions are putting a price on carbon.

Launched in May 2017, the Carbon Pricing Dashboard is an interactive online platform that provides up-to-date information on existing and emerging carbon pricing initiatives around the world.

St. Lucia has been a leader among vulnerable Caribbean states in prioritizing a response to climate change, both nationally and in international fora. Its Nationally Determined Contribution (NDC) outlines a balanced mitigation strategy backed by costed investment plans, and a qualitative adaptation strategy with identified priority sectors. This paper takes stock of St. Lucia’s plans to manage climate change, from the perspective of their macroeconomic implications.

Rapid urbanization and economic growth, new demographic trends, and climate change are key challenges that developing countries must face as they strive to meet growing energy demand. The main objectives of this study are to offer: (a) a global taxonomy of the economic and financial incentives provided by renewable support schemes and (b) an economic modeling of the sustainability and affordability of such support schemes.

The State and Trends of Carbon Pricing series reflects on the growing momentum for carbon pricing worldwide. It targets the wide audience of public and private stakeholders engaged in carbon pricing design and implementation. This report provides an up-to-date overview of existing and emerging carbon pricing instruments around the world, including national and subnational initiatives.

This paper responds to the request of G20 Finance Ministers in exploring scaled up finance for climate change adaptation and mitigation in developing countries. In so doing it builds upon and extends the work of last year‘s U.N. Secretary-General‘s High Level Advisory Group on Climate Change Financing (AGF). Its starting point is the commitment made in the Copenhagen Accord and Cancun Agreements on the part of developed countries to provide new and additional resources for climate change activities in developing countries.

Natural disasters have caused, and continue to cause, a significant amount of economic costs. The costs of disasters are often, and to a large extent, shouldered by governments, especially in economies where private insurance markets are not well developed. Governments are asked to provide financing for explicit commitments made prior to a disaster, and are often under pressure to make payments for which no such commitments were made earlier.

The Government of Vietnam (GoV) has conducted a Climate Public Expenditure and Investment Review (CPEIR) with the support of the World Bank and the United Nations Development Programme (UNDP). The review examined Vietnam’s policies and climate change expenditure for the period 2010–2013 from five ministries (MONRE, MOIT, MARD, MOC, and MOT) and three provinces (Bac Ninh, Quang Nam and An Giang).