Making finance flows consistent with a pathway towards low greenhouse gas emissions and climate-resilient development is one of the objectives of the Paris Agreement. Limiting global temperature rise and achieving resilience goals will not be possible without aligning finance, both in the real...

The Paris Agreement on Climate Change requests signatory countries to specify voluntary caps on their greenhouse gas emissions. The caps stated by the end of 2021 imply percentage emission reductions that vary widely across countries. This paper uses globally representative data from the Global...

System models help policymakers to produce net zero decarbonization pathways. In 2019, Costa Rica launched its National Decarbonization Plan (NDP) - constructed using a detailed Open-Source energy Modelling System (OSeMOSYS-CR) model and simplified ones for non-energy sectors. The country then...

The 29th Climate Change Conference (COP29) in Baku revealed a shift in the balance of power in international climate politics following the US elections. While China played a constructive role in the negotiations on international climate finance, vulnerable countries were forced to make painful...

The signatories of the Paris Agreement are required to submit new nationally determined contributions (NDCs) by 10 February 2025, laying out targets for 2035. These third generation NDCs - "NDCs 3.0" - are supposed to serve as comprehensive investment and transformation plans and incorporate the...