There’s a strong economic case for investing in climate adaptation: Across five sectors, every $1 invested in adaptation generates a return between $2 and $10. The GSI is a leadership initiative established by CEOs from the farmed salmon sector around the world – including Norway, Chile, Canada, the Faroes, the UK, New Zealand and Australia – with a shared goal of producing healthy food with less environmental impact. GCA, through its regional office in Abidjan, will act as the lead coordination partner to implement the vision and roadmap of the African Adaptation Initiative. The Climate Finance Leadership Initiative (CFLI) and the Association of European Development Finance Institutions (EDFI) today announced a partnership that will advance the public-private collaboration vital to closing the climate finance gap in emerging markets. Launched by Mike in January 2019 to support global Paris Agreement goals, the Climate Finance Leadership Initiative (CFLI) works to increase private-sector investment in clean energy and climate solutions in emerging markets. This is aim of the Climate Finance Leadership Initiative (CFLI), a group of banks, asset managers and energy developers handpicked by Michael Bloomberg, former mayor of … The Gap Fund is an initiative of the governments of Germany and Luxembourg together with the Global Covenant of Mayors for Climate and Energy (GCOM), in partnership with several other key players in the climate finance arena (including C40, ICLEI - Local Governments for Sustainability, and Cities Climate Finance Leadership Alliance). IFLAS - Initiative for Leadership and Sustainability. Bloomberg — an American billionaire and philanthropist in his own right — was named the head of the Climate Finance Leadership Initiative, a year-long U.N program that aims to raise as much as $100 billion in private funding to help countries reduce carbon emissions and adhere to standards set out in the Paris climate accord. Mr. Zaidi leads the Governor’s efforts on all aspects of climate policy and finance, including implementation of the Climate Leadership and Community Protection Act. The Cities Climate Finance Leadership Alliance is a coalition of leaders committed to deploying finance for city level climate action at scale by 2030. Five years after the Paris Agreement, along with IPCC’s call for urgent action to prevent climate change catastrophe in the coming decade, 2020-21 has been billed as a key year for climate action. Climate Thought Leadership. Climate Finance Leadership Initiative (CFLI) The IPCC report found that achieving the 1.5°C target would require emissions to decrease to net zero by 2050, necessitating far-reaching transitions across the global economy in energy , land, urban, infrastructure , and industrial systems. Ross, through his firm Glycon Advisory, is a specialist adviser in sustainable finance, capital markets, infrastructure financing and delivery, fintech, and bank regulation. BDA Launches Climate Risk Finance Initiative. Climate Finance Photo by Cristina Lopes Limiting global temperature rise to below 1.5°Celsius while achieving sustainable development will require trillions in new investments, and a deliberate shift toward low-carbon, climate-resilient economic models. As the founding member and first regional anchor for the Asia Chapter of the Alliance for Green Commercial Banks– a new initiative launched by IFC to help develop green commercial banks and encourage more green finance in order to address climate change– the HKMA will serve as the hub for green finance among commercial banks in Asia. The Finance for Biodiversity Initiative was catalysed by the MAVA Foundation based in Switzerland. Global Climate Leadership Council. The Climate Finance Leadership Initiative will draw members from top international financial firms and corporations to catalyze scaled up investments in clean energy and climate resilience projects around the world, in both developed and emerging markets. “This is a transformative new initiative to help cities invest in low-carbon and climate resilient infrastructure. The group, led by the Governor’s Office of Planning and Research in partnership with Stanford University’s Sustainable Finance Initiative, aims to further California’s leadership on addressing the immense challenges posed by climate change. A Kenyan national with over 30 years of post-qualification experience, Dr. Kariuki is renowned in the power sector for passion and leadership in power systems, renewable energy, energy policy and regulation, utility transformation, infrastructure project finance, and climate resilient sustainable development. With this in mind, we — the Climate Finance Leadership Initiative (CFLI), the … Bermuda Launches Initiative To Become Climate Risk Finance Center April 27, 2021 The Bermuda Business Development Agency (BDA), under the leadership of the Bermuda government and in collaboration with the private sector, has launched an initiative to establish and promote the jurisdiction as the world's climate risk finance capital. T he African Adaptation Initiative and GCA consolidated their partnership with the signing of a Memorandum of Understanding to support African leadership to accelerate climate change adaptation across the continent. Climate Policy Initiative – an international climate policy organization launched in 2009 based on the concept that nations building low-carbon economies need support in developing and implementing effective climate and energy policies – works to improve, with a particular focus on finance, critical energy policies around the world. United Nations Secretary-General António Guterres tapped Michael R. Bloomberg, the UN Special Envoy for Climate Action, to lead an initiative that will support a global mobilization of private capital in response to the challenge of climate change. Hamilton, Bermuda, April 21, 2021 – As part of its strategy to foster sustainable, equitable growth in Bermuda, the Bermuda Business Development Agency (BDA), led by Government and in collaboration with the private sector, has launched an initiative to establish and promote the jurisdiction as the world’s climate risk finance capital. Anna Liao Executive Assistant. Partnership between United Nations Environment and the global financial sector to promote sustainable finance HAMILTON, Bermuda — As part of its strategy to foster sustainable, equitablegrowth in Bermuda, the Bermuda Business Development Agency (BDA), led by Government and in collaboration with the private sector, has launched an initiative to establish and promote the jurisdiction as the world’s climate risk finance capital.. The Global Climate Leadership Council was formed in 2014 to advise UC on achieving the ambitious goal of achieving carbon neutrality by 2025 (pdf) while also providing guidance for furthering its other longstanding sustainability goals. There is an urgent need to act fast. Relocated from Bay Area to DC area August 2020. To this respect, the Climate Finance Leadership Initiative is an outstanding opportunity for us to catalyze efforts and work hand in hand with other leading businesses to ensure sustainable and inclusive growth for our world.” Shemara Wikramanayake, Chief Executive Officer of Macquarie Group: Winner! Alphabet Inc. has been recognised in the Climate Bonds Awards 2021 as one of the world's leading green finance organisations. Macquarie to invest in 20 GW pipeline of renewables . This Climate Finance Leadership Initiative (CFLI) report, our second, highlights the policies that governments in emerging markets can advance — with support from business and the international community — to facilitate the mobilization of private sector investment in clean energy, low-carbon mass transit, climate- Given the urgency of climate change, and the potential cities have to reduce its impacts, the need for collaboration in this sector is more important than ever. Global Leadership on Climate Change and Clean Energy. The Climate Finance Leadership Initiative (CFLI) was created in January 2019 at the request of the UN Secretary-General to increase private sector investment in clean energy and climate solutions in emerging markets. Athena Ronquillo-Ballesteros is managing director of global climate strategies for the Climate Leadership Initiative (CLI), leveraging her deep climate expertise and extensive global network to guide new climate … MAVA focuses on the environment with a mission to conserve biodiversity for the benefit of people and nature by funding, mobilising and strengthening our partners and the conservation community. Read full article. News Release: HAMILTON, Bermuda – As part of its strategy to foster sustainable, equitable growth in Bermuda, the Bermuda Business Development Agency (BDA), led by Government and in collaboration with the private sector, has launched an initiative to establish and promote the jurisdiction as the world’s climate risk finance capital.. Free. Open data and analytics initiative aims to enable better risk management and boost financing for climate solutions. Ali A. Zaidi was appointed Deputy Secretary for Energy and Environment and Chairman of Climate Policy and Finance in 2020. Changing the Finance, Financing the Change Climate finance refers to local, national, or transnational financing, which may be drawn from public, private and alternative sources of financing. Advisor to Global Innovation Lab for Climate Finance and Cities Climate Finance Leadership Alliance. The center’s climate alignment initiative is a critical step forward to better understand climate-related issues and risks, as well as opportunities to mobilize capital needed for the transition to a low-carbon economy,” said Karen Fang, managing director and global head of Sustainable Finance at Bank of America. The Leadership Group is supported by a Technical Working Group whose role is to consult on and draft the three key outputs. Mark Carney, UN Special Envoy for Climate Action and Finance and Prime Minister Johnson’s Climate Finance Advisor for COP26, said: “This is the breakthrough in mainstreaming climate finance the world needs. The Modern Leadership initiative, which seeks to improve this statistic, helps companies measure and report on diversity as a part of their environmental, social and governance strategy. CARING FOR CLIMATE SERIES HSBC was a founding member in the Climate Finance Leadership Initiative formed by UN Special Envoy for Climate Action Michael Bloomberg, helping to mobilise our industry to take action on climate. The Climate Bonds Awards are the premier international event marking leadership, best practice and innovation in green and sustainable finance with 23 categories encompassing bonds, loans, sukuk, social and sustainability categories and significant market developments in climate … Stephen Weinstein, chairman of the BDA, said: “As we expand our global reinsurance leadership into climate risk finance, we can play a key role helping to … Article content. In recognition of the urgent threat of climate change, the United States and India recognize the urgency of the threat of climate change and are therefore committed to bringing the Paris Agreement into force as quickly as possible. The Climate Finance Leadership Initiative (CFLI) and the Association of European Development Finance Institutions (EDFI) today announced a partnership that will advance the public-private collaboration vital to closing the climate finance gap in emerging markets. Public and private collaboration is essential to dramatically reduce emissions and spur transformative change. Visit bloomberg.com to read the full press release. On July 18, 2019, Governor Andrew M. Cuomo signed into law the Climate Leadership and Community Protection Act (Climate Act). The aim is to make climate risk finance an … Adding to the buzz is the Climate Finance Leadership Initiative (CFLI), a private-sector-led initiative formed by Michael Bloomberg and chief executives from seven major private-sector institutions. This leader will be based in San Francisco, CA at the Climate Leadership Initiative headquarters. International Climate Finance is a UK government commitment to support developing countries to respond to the challenges and opportunities of climate change. You can add location information to your Tweets, such as your city or precise location, from the web and via third-party applications. Launching a Global Climate Ambition Initiative. Join us for "Adaptive Leadership and Climate Action," a conversation with two HKS alums working to solve the climate crisis – in Brazil and the United States. EDFI and the CFLI will engage their members with the aim of building project pipelines, managing risks, and broadening opportunities The Climate Finance Leadership Initiative (CFLI), founded and chaired by UN Special Envoy for Climate Ambition and Solutions Michael R. Bloomberg, today released Unlocking Private Climate Finance in Emerging Markets: Private Sector Considerations for Policymakers in partnership with EDFI, and the Global Infrastructure Facility (GIF). Ross Pennington Co-Chair. By Adele Peters, Fast Company. Membership does not expire . Connecticut, Geneva, Gland, Paris, November 19, 2020. Pegasus Capital Advisors (Pegasus), the International Union for Conservation of Nature (IUCN), BNP Paribas, Gold Standard, and R20 – Regions of Climate Action today launched the Sub-national Climate Finance Initiative (SCF), a novel global funding instrument to mitigate climate change and strengthen … 23 September 2019: A group of countries and stakeholders announced the ‘Leadership of Urban Climate Investments’ (LUCI) Initiative, which will scale up and leverage climate finance for climate-friendly urban infrastructure. The Climate Finance Leadership Initiative (CFLI) and the Association of European Development Finance Institutions (EDFI) announced a partnership that will advance the public-private collaboration vital to closing the climate finance gap in emerging markets. The initiative brings together finance ministers, senior technical staff, and other relevant stakeholders to design climate-smart macroeconomic policies, discuss fiscal-policy measures for mitigating the impact of climate change, and develop financing strategies for implementing the nationally determined contributions. San Francisco, Calif., September 1, 2020 —The Linux Foundation (LF), the nonprofit organization enabling mass innovation through open source, today announced the intent to form the LF Climate Finance Foundation (LFCF), a new initiative with the goal of empowering … The Cities Climate Finance Leadership Alliance, founded by 20 organisations including The Gold Standard, World Bank and Bank of America, will stimulate investment into low carbon and climate resistance urban infrastructure. The Cities Climate Finance Leadership Alliance (CCFLA) is a multilevel and multi-stakeholder coalition launched under the initiative of UN Secretary General Ban Ki-moon in 2014.

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