From World Resources Institute <[email protected]>
Subject Week 2 at COP26: Will It Deliver?
Date November 9, 2021 7:04 PM
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Key funders will invest billions in restoration ...



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WRI DIGEST

The Highs and Lows of the World Leaders Summit

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The World Leaders Summit at COP26 delivered several big announcements. The highs included more than 100 countries pledging to reduce methane emissions, another 100 countries committing to end deforestation, as well as new plans from India to accelerate their shift to renewables and some new finance announcements from Scotland, the U.S. and Canada. The lows: Numerous G20 countries are not yet on a trajectory to reach their net-zero goals. Negotiations continue this week to resolve important rules. Read more

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Countries covering more than 70% of global emissions have set net-zero emissions targets. Announcements are heavy on net-zero but light on near term action.

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New Action Agenda Points $1 Trillion Towards Solar Investment

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WRI partnered with the International Solar Alliance and Bloomberg Philanthropies to unveil a new Solar Investment Action Agenda at the UN Climate Summit. Current solar investment lags far behind global needs. “The time for solar energy is now. Solar makes economic sense for energy access, energy security and climate mitigation,” said WRI President Ani Dasgupta in a press release. The Action Agenda identifies opportunities to rapidly mobilize $1 trillion towards solar by 2030. Read more

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China’s Future Economic Prosperity Rests on Climate-resilient Infrastructure

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WRI China released a new report,  Accelerating Climate-resilient Infrastructure Investment in China, exploring how climate-resilient infrastructure investment could help China be more resilient to major climate disasters, while tripling economic returns. Extreme weather events — like typhoons — are intensifying across China, but are often forgotten during climate talks. To better thrive in a warming world, China can implement climate-resilient infrastructure in its post-COVID-19 recovery plan. Read more

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Funders Aim to Mobilize $2 Billion in Locally Led Land Restoration in Africa

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African ministers challenged funders to invest $2 billion to support land restoration through the AFR100 initiative — Africa’s locally led campaign to restore 100 million hectares of degraded and deforested land — by COP27. A core group of funders answered the call, announcing plans to invest in significant land restoration by 2026. This will help move AFR100 into its next phase where accelerating action on the ground is critical. Read more

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Explore WRI’s COP26 Resource Hub, where our experts are tracking developments, sharing ideas and providing analysis to unpack what’s at stake and critical areas for progress. Explore the hub now

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Read More EXPERT INSIGHTS

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UPCOMING EVENTS



WRI Events at COP26

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Monday, November 1 - Friday, November 12, 2021

Glasgow and Online

Land Accelerator South Asia 2021 Impact Days

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Tuesday, November 16, 2021: 7:30 - 9:30am EDT | 6:00 - 8:00pm IST

Wednesday, November 17, 2021 7:30 - 9:30am EDT | 6:00 - 8:00pm IST

Ocean Watch Launch

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Tuesday, November 30, 2021: 8:00- 9:00am EDT

Online



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