The World Federation of Development Financing Institution’s Knowledge Hub (WFDFI_KH) is an online portal that clusters knowledge and resources on development financing across all development intervention areas. It is a free-for all web space where development financing practitioners and enthusiasts could access existing and compelling knowledge products from a wide range of institutions, with diverse structure and procedures, engaged in supporting and promoting development finance and its crosscutting issues in advancing policies, processes, programs, projects and practices for the benefits of their beneficiaries and stakeholders. The two-fold purposes of the WFDFI_KH are shaping and advancing policy and advocacy positions that impact the development of the banking and finance community worldwide and improve DFI capacity, as well as facilitating knowledge management and sharing.
To support Net-Zero Banking Alliance (NZBA) member banks in developing targets, the
Alliance has developed this short paper to provide clarification on the already-published
Guidelines for Climate Target Setting for Banks outlining how the Alliance views the treatment
of offsetting in relation to member commitments.
The paper does not introduce additional principles that member banks must meet as
part of their NZBA commitment.
This paper starts by analysing climate risks in Latin America and the Caribbean following the methodology developed by Ferrazzi et al. Then expand the analysis to understand what these risks imply for the financial sector. It focus on banks, as they represent the bulk of financial intermediation in the region.
Author: Marchitto, Barbara; Conde, Joana; Santos, Ricardo; de Nicola, Carlo; Ferrazzi, Matteo; Baldini, Alfredo; Pal x, Rozalia; Parigi, Eugenio; Bermingham, Colin
This report aims to give an overview of Korea’s energy efficiency policy experience for the benefit of policy makers and industry practitioners aiming to promote and scale up energy efficiency improvements in the industry sector, particularly in manufacturing. The report also aims to provide industry practitioners with lessons drawn from practices implemented by industry subsectors and groups of energy-intensive firms in Korea.
The EIB Group, through EIB Global, is a major partner of the European Commission, the European External Action Service and the EU Member States in delivering on the EU Global Gateway commitments. In 2022 alone, the European Investment Bank signed operations that will mobilise an estimated €30 billion or more of Global Gateway investments. The Global Gateway is the European Union’s contribution to narrowing the global investment gap.
The EIB Group has seen carbon emissions increase in many areas since 2021. The COVID-19 pandemic led to a significant decrease in emissions during 2020 and 2021. This effect is no longer present, as restrictions ended in 2022, resulting in a 125% increase in total gross emissions in 2022 compared with 2021, and a 36.4%4 decrease compared with the base year emissions (2018).
The survey results came at a critical moment for Africa, following COP 27, where the central issues were finding more resources to mitigate global warming and adapting to its effects. A decisive agreement was also made on a new “loss and damage” fund for vulnerable countries severely hurt by climate disasters.
Read the full survey to discover how people in Africa view climate change's impact on their livelihood.
This report presents two case studies in which coastal vulnerability modeling was used to quantify the role those coastal ecosystems play in reducing risk to coastal communities now and with future sea-level rise. These analyses were used to inform post-disaster reconstruction and coastal resilience building efforts as well as climate change adaptation strategies.
Little is known about mining taxation in Latin America and the Caribbean (LAC), although it is both particularly complex and has large effects on incentives for investments in mining activities. This paper reviews the types and consequences of mining taxes that are applied in the region and their implications for investment. Most countries assess royalties based on the value of production, which are consistent with royalties applied globally. However, miners confront additional taxes such that tax regimes, in the aggregate, inefficiently discourage investment, including income taxes, non-refundable sales taxes on capital purchases, capital taxes, gross receipt taxes, and real estate transfer taxes. Several reforms emerge from the analysis. The most important is for LAC countries to consider profit-based regimes--similar to Chile, Mexico, and Peru--supplemented by a minimum royalty based on the value of production. Company tax reforms should also be considered with the aim to tax mining similarly to other sectors of the economy to improve the allocation of capital.
Author: Bazel, Philip; Mintz, Jack M.; Reyes-Tagle, Gerardo
En este documento se propone un conjunto de indicadores para evaluar la seguridad energética de Belice, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua y Panamá. A partir del diagnóstico, centrado en los problemas energéticos de cada país, se presentaron indicadores que permitieran obtener un índice de seguridad energética (ISE). Estos indicadores se sometieron al criterio de expertos para su validación, con ayuda de especialistas del sector energético de los países de Centroamérica. Se utilizó el método Delphi en el procesamiento de los resultados y todos los indicadores fueron aprobados. Con el fin de compactar el número de indicadores, perder la menor cantidad de información y obtener una solución interpretable, se realizó un análisis de componentes principales con el software SPSS. Con las variables resultantes, se determinó el ISE de cada país. La tendencia del comportamiento del ISE en cada país se examinó a partir de acontecimientos nacionales e internacionales que pudieron repercutir en el comportamiento de los indicadores.
This report on digital tokens for climate action and nature-based solutions forms a valuable addition to the emerging body of knowledge and is specially intended to inform, inspire, and spur action for new, innovative, and potentially effective ways of providing financial resources and effective action for climate action and the conservation and regeneration of our natural capital.