Policy making is required in cases in which a public good needs to be either maintained or created, and private or civil initiatives cannot deal alone with this. Policy making thus starts with a phase of problem identification and determining whether there is a problem that needs to be dealt with. Rapidly evolving contexts exert influence on policy makers who have to take decisions much faster and more accurately than in the past, also facing greater complexity. There is a need for a method that lowers the lead time of the exploratory phase of the policy cycle.
This report focuses on investigating the SLCP mitigation technologies offering the highest mitigation potential of the three major SLCPs: black carbon, hydrofluorocarbons (HFCs), and methane, and each of the sectors identified by the CCAC sector initiatives. The report assesses the barriers to expediently mobilise private financial flows towards SLCP mitigating technologies in a number of key sector and markets; analyse the financial profiles of the key technologies.
In 2015, global investment in renewables grew about 5 percent relative to the previous year and reached an all-time high of US$ 286 billion (bn). And there are more interesting trends: Investment in renewables’ based electricity generation capacity in 2015 has been more than double the investment in the major fossil fuels (renewables: US$ 266 bn versus US$ 130 bn for coal and gas stations). This also leads to added capacity in terms of Gigawatts in 2015 in renewables (134 GW) outstripping all other technologies combined (conventional coal, gas, and nuclear).
Generating electric power based on geothermal energy is attractive (i) because of the low CO2 emissions and (ii) because electricity can be produced constantly, independent of the availability of wind or sunlight. These characteristics make geothermal energy an important option for safe, cost-effective and climate friendly power production. The main caveats are that geothermal energy is not available everywhere and that it is uncertain whether the resource will actually be found at a given site.
Renewable power has significant potential to reduce the cost of electricity in rural and island settings across the developing world. In areas distant from main power grids, regional isolated grids – often referred to as mini-grids – are often the main source of electricity to industry and households. Power generation usually relies on diesel fuel, often imported over long distances. Yet generating costs can be reduced by hybridising these mini-grids with solar photovoltaic (PV) or other renewable power sources.
The MEbA project recently published its first systematisation effort to identify adaptation measures that could be promoted through microfinance products and services. The 40 selected principles may be implemented independently or in conjunction to support small-holder producers in adapting to Climate Change effects. The measures are organised in descriptive fact sheets that contain the required information to put each EbA option into practice. The ultimate goal of this exercise was to integrate EbA options within the microfinance context.
This report studies the development of criteria for assessing the compatibility of financial investments with the international goal to limit global temperature increase to below 2°C above pre-industrial levels. The findings are intended as a starting point and a key input for a longer term process to develop consensus-based 2°C investing criteria. The focus here is placed on investments in projects and physical assets, in particular of development and climate finance organisations.
Books/Chapters in Books: (1) David Ojo. 2016. Watermelon live mulch climatic adaptation capabilities in Africa tropical cropping systems. In: Handbook of Cucurbits: Growth, Cultural Practices and Physiology. Taylor & Francis Publishing Group (TFG), Boca Raton, Florida, U.S.A. Edited by Pessarakli. Catalog #: K23003. ISBN: 978-1-4822-3458-9. 13pp. (2) David Ojo. 2015. Cucurbits: Botany, Ecology, Genetic Resources and Breeding. In: Handbook of Cucurbits: Growth, Cultural Practices and Physiology. Taylor & Francis Publishing Group (TFG), Boca Raton, Florida, U.S.A.