A new compass for climate action

The climate crisis has become devastating across the world over the past few months: super typhoons sweeping through the Western Pacific, unprecedented superstorms in the Gulf of Mexico, raging wildfires across the Amazon rainforest, severe flooding in Central and Eastern Europe, just to mention a few. Rising seas and intensifying

Net zero by 2050 delays needed urgent climate action

Net zero emissions by 2050 prioritise mitigation for climate stabilisation. Pledges to achieve this still distant target have grown but inadvertently delay urgently needed climate action in the near term. Net Zero The 1992 United Nations Framework Convention on Climate Change (UNFCCC) committed to “the stabilization of greenhouse gas [GHG] concentrations in

Bangladesh can raise up to $12.5b more for climate action: WB report

Bangladesh can raise up to $12.5 billion in additional financing in the medium-term for climate action with the financing options include budget prioritization, carbon taxation, external financing and private investment. According to the World Bank Group's Country and Climate Development Report for Bangladesh released today, Bangladesh continues to face severe and