The largest climate change conference of the year is only a few weeks away. Governments, civil society and industry will come together in Sharm El-Sheikh, Egypt, for the 27th Conference of the Parties of the UNFCCC (COP27) on 6-18 November to exchange ideas, raise ambition and accelerate implementation of global climate action. In collaboration with partners from across the world, GGKP is co-organizing two official side events. Join us on 9 November for Accelerating Circularity as a Holistic Response to the Triple Planetary Crisis: The Economic Case and on 16 November for Financing and Scaling Up Nature Action. Read more.
SECTORS: Agriculture, Energy, Finance, Water
THEMES: Climate Change, Development, Gender, Natural Capital
Green Industry Platform:
I-GO in Africa – Nigerian and Ugandan SMEs on board for resource efficiency
In parallel to the upcoming global summits on climate change and biodiversity, I-GO initiative for SME resource efficiency is as focused as ever on making change on the ground, including in the Africa region. In collaboration with the Uganda Parliamentary Alliance on Food and Nutrition Security (UPA-FNS) and Circular Lagos, African SMEs were able to learn how to use the I-GO Assistant to self-assess their resource efficiency status, then subsequently access customized knowledge, training and financing solutions. Read more.
THEMES: Circular Economy, Consumption, Trade and Supply Chains
Green Policy Platform:
Full steam ahead for nature action
As 2022 comes to a close, two pivotal global conferences – UNFCCC COP27 and CBD COP15 – will set the course for future action on climate change and biodiversity loss. In the lead up to the meetings, the Green Policy Platform and its partners are centering natural capital as momentum builds. Discover past and upcoming events for nature action, from the next frontiers for a nature-positive economy to mainstreaming nature in development finance. Read more.
THEMES: Natural Capital, Infrastructure, Development
Green Finance Platform:
Aligning finance with sustainable development through national roadmaps
Under the Global Environment Facility-funded Aligning Finance Policies project, six sustainable finance roadmaps in China, India, Kazakhstan, Mexico, Mongolia and Nigeria have been developed and endorsed with a unique focus tailored to the country’s financial system priorities and needs. The Green Finance Platform is contributing to building the sustainable financial architecture for sustainable economic transitions with the Sustainable Finance Diagnostic Toolkit, Green Finance Measures Database and Global Resource Library.
THEMES: Climate Change, Standards and Regulations, Sustainable, Green, and Social Bonds
PARTNERS: Global Environment Facility
LATEST KNOWLEDGE RESOURCES
Debt-for-Nature-Swaps: Feasibility and Policy Significance in Africa’s Natural Resources Sector
This flagship report from the African Development Bank, WWF, and Potomac Group examines the role of nature-based debt transactions as innovative financing tools for Africa’s sustainable development and provides policy recommendations for mobilizing finance for achieving climate and nature goals.
THEMES: Climate Change, COVID-19, Natural Capital
Greening Capital Requirements
This INSPIRE paper supports central bankers and financial supervisors by analysing how capital requirements can become green and exploring how green differentiated capital requirements (GDCRs) can be incorporated into financial regulation frameworks.
THEMES: Standards and Regulations, Stock Markets and Regulators
SBTi Forest, Land and Agriculture (FLAG) Guidance
The Science Based Target initiative’s (SBTi) guidance provides the world’s first standard for companies in land-intensive sectors to account for land-based emission reduction and removals, setting near- and long-term science-based targets.
SECTORS: Agriculture, Forestry and Timber Products, Food Processing, Metals and Minerals Processing, Wholesale and Retail
THEMES: Climate Change, Natural Capital, Indicators and Measurement
Still Flying Blind: The Absence of Climate Risk in Financial Reporting
The Carbon Tracker Initiative reviews 134 carbon-exposed companies’ financial statements and finds that most of the companies provide little evidence that they had considered the impacts of material climate-related matters in preparing their financial statements.
THEMES: Climate Change, Indicators and Measurement
Supporting Women’s Empowerment through Green Policies and Finance
This OECD policy paper analyses the impact of green policies, finance and infrastructure in supporting women’s empowerment, as well as the challenges and opportunities for mainstreaming gender in environmental policy and finance and throughout the infrastructure project cycle.
THEMES: Climate Change, Gender, Infrastructure
EREK Energy and Resource Self-Assessment Tool
The European Resource Efficiency Knowledge Centre (EREK)’s self-assessment tool measures where enterprises can make tangible energy and resource savings, allowing users to deep dive into different sectors – including timber, waste, textile, plastics and chemicals – and access practical tips to emit less and cut down on costs.
SECTORS: Manufacturing, Wholesale and Retail, Buildings and Construction, Chemicals and Process Engineering, Energy Supply and Services
THEMES: Circular Economy, Consumption, Indicators and Measurement
FROM THE COMMUNITY
→ Circular economy principles and practices can serve as a catalyst to promoting human well-being, preserving nature, cutting pollution and making economies more competitive. However, fiscal pressures and the immediate needs of covering energy demand and ensuring food security may derail progress towards sustainable economic transformation. Share your thoughts on accelerating the global shift towards circular economy in this context!
→ Join the Global Green Growth Week 2022. Under the theme of “Unlocking the Potential of Green Growth and Climate Finance Innovation,” the Global Green Growth Institute (GGGI) is hosting its annual flagship event on 24-28 October 2022. Attend sessions on knowledge sharing and capacity development, climate finance and gender just transition.
Join the Green Forum! Share and discuss insights with a global community of professionals working towards a sustainable economic transformation.
The Green Growth Knowledge Partnership