GIZ India’s Post

India, the US, and 12 other countries are expected to sign an agreement today to meet their climate goals through collaborative financing without imposing barriers. Read more at: https://ow.ly/Y5vN50Sawv3 #Climate | #Finance | #India | #US | #Agreement | #Collaboration | #TPCI

New report investigates how #climate entrepreneurs experience #ClimateAdaptation in #Kenya, and finds that they’re motivated by both market opportunities and personal ideals/values related to addressing climate change. Major challenges faced by these entrepreneurs include: - Lack of appropriate financing - Limited technical capacity - Resistance to new technologies due to consumer and regulatory unawareness - Over- and under-regulation Opportunities identified for business expansion: - Increased supply chain synergies - Circular economy strategies - Consumer-centric subscription-based models Recommendations for supporting the growth of the sector: - Implement regulation specific to emerging climate adaptation sectors - Provide training in financial literacy for entrepreneurs - Support entrepreneurs in monitoring and evaluation to attract long-term impact-driven investments New paper co-authored by #OxfordSmithSchool Tonny Kukeera 👇

💛 NEW PAPER ALERT 💛 Our teams have been very busy with publications recently and here is another useful addition to the resources available to anyone working on #sustainableecononomicgrowth #cleanenergytransition and #climateentrepreneurship in #theglobalsouth. LMICs on the front lines of climate change impacts, rely on #entrepreneurs to provide critical adaptation services (eg in the agricultural and energy sectors). However, the perspectives, motivations, and approaches of climate entrepreneurs are minimally documented, which prevents replication of their effective strategies at scale. This study therefore investigates the experiences of climate adaptation entrepreneurs in #Kenya. We find that entrepreneurs are motivated to address climate adaptation issues both due to market gaps and their own underlying ideals and values. They report that their businesses are already creating simultaneous environmental, economic, and social impact at a small scale. However, they face a lack of appropriate finance and technical capacity to support scaled-up implementation of innovation-heavy emerging climate technologies. Due to a lack of awareness among consumers and regulators, they report resistance to novel offerings and both over- and under-regulation (ie a lack of technology-specific regulation while being bound to outdated regulation in multiple adjacent sectors eg energy, agriculture, transport). Read the whole paper here: https://lnkd.in/esJFN8xb It was written by: Alycia Leonard Kuthea Nguti (Ph.D.) Faith N. Tonny Kukeera and Stephanie Hirmer

Hey connections, The National Bank for Agriculture and Rural Development (NABARD) unveiled its Climate Strategy 2030 document on Earth Day to address India’s growing need for green financing. The strategy aims to mobilize resources for climate change mitigation, adaptation, and resilience projects in the country. India’s Green Financing Gap 1] India requires approximately $170 billion annually to reach a cumulative total of over $2.5 trillion by 2030 for green financing. 2] As of 2019-20, India garnered only about $49 billion in green financing, with the majority of funds earmarked for mitigation. 3] A mere $5 billion was allocated towards adaptation and resilience, reflecting minimal private sector engagement due to challenges in bankability and commercial viability. About NABARD’s Climate Strategy 2030 The strategy is structured around four key pillars: 1] Accelerating green lending across sectors 2] Playing a broader market-making role 3] Internal green transformation of NABARD 4] Strategic resource mobilization The initiative reinforces NABARD’s commitment to environmental stewardship and positions it as a pivotal player in India’s transition towards a resilient and sustainable economy. About India’s efforts to sustainable Environment * India is the world’s third-largest emitter of greenhouse gases, after China and the United States. * The country has set an ambitious target of achieving 450 GW by 2030. India’s Nationally Determined Contribution (NDC) under the Paris Agreement includes reducing the emissions intensity of its GDP by 33-35% by 2030 from the 2005 level. * The Indian government has launched several initiatives to promote green financing, such as the Partial Credit Guarantee Scheme for NBFCs, the Green Climate Fund, and the National Adaptation Fund for Climate Change. This is a significant step towards mobilizing green financing in India and helping the country meet its climate change commitments.

SDG Performance in OECD Countries 🌎 The image highlights how progress on the SDGs across OECD countries remains limited, with many targets showing stagnation or slow improvement. While some countries are making headway in certain areas, significant challenges remain, particularly in addressing critical goals like climate action and reducing inequalities. On a global scale, the picture is even more concerning. Based on the 2024 Sustainable Development Report, only 16% of SDG targets are on track to be met by 2030, while 84% show limited progress or even a reversal. Key goals like Zero Hunger (SDG 2), Sustainable Cities (SDG 11), Life Below Water (SDG 14), and Peace and Justice (SDG 16) are notably off track, with issues such as rising obesity rates, declining press freedom, and worsening biodiversity adding to the challenges. The SDG targets related to food and land systems are especially concerning. By 2030, it's estimated that 600 million people will still suffer from hunger, while emissions from agriculture, forestry, and other land use remain a major contributor to climate change. Despite some positive trends in areas like infrastructure access (SDG 9), overall progress remains uneven and too slow. While the SDGs are not a perfect framework, they do provide a clear snapshot of how far we still have to go to address the world's most pressing social and environmental challenges. The data underscores the need for more decisive action, particularly in areas where progress has stalled or reversed. Source: Sustainable Development Report 2024 #sustainability #sustainable #business #esg #SDGs #SustainableDevelopmentGoals

Absolutely! Agribusiness investment is a key to sustainable development, ensuring food security, economic growth, and environmental sustainability. It's a pathway to a resilient and prosperous future. 🌱💼 #AgribusinessInvestment #SustainableFuture

Have you hear of the ‘Dasgupta Review’? 🙋🏼♀️ Anyone working to build new markets and funding mechanisms for biodiversity and nature - take note. [me, me, over here] 💂 In 2021, a legendary Cambridge economist Prof Sir Partha Dasgupta published a report that transformed our understanding of biodiversity’s value. And now.. it’s packaged in a tall blond swedish package with the most mesmerizing eyes.. ✨ Jokes aside, I’ve been a big fan of Alexander Skarsgård since we met in Maputo 2008 where he recorded Generation Kill, and he does this voice over so well!! 🌱 The 'Dasgupta Review’, challenges us to rethink how we measure economic success and highlights the urgent need to integrate nature's value into our systems. 🎬 The video highlights - the flaws of current GDP measurements - why valuing nature makes a real financial and well being difference - how nature loss affects our economies - and concludes that we ultimately need new measures of progress, move away from our obsession with growth and measure other indicators for success 🙏 Thanks to Oliver Bolton who surfaced this great version of the report #biodiversity #nature #business #esg #sustainability #conservation #cop16 #gdp #economics

🚨 Action Alert for Government Decision Makers: The AIM for Climate Report is Here! 🚨 The AIM for Climate Report, “Cultivating Transformative Investments in Climate-Smart Agriculture and Food Systems Innovation,” offers a strategic blueprint for governments to embed climate-smart agriculture and food systems innovations into their nationally determined contributions (NDCs) under the Paris Agreement. With COP29 Azerbaijan approaching, the moment for decisive action is NOW. 🌱 INTEGRATE INNOVATIONS Urge all government decision-makers to incorporate climate-smart agriculture and food systems innovations into the design and implementation of NDCs, following the key recommendations from the AIM for Climate report. 💰 ACCELERATE INVESTMENTS Advocate for increased and sustained financial commitments from both public and private sectors to scale climate-smart agriculture and food systems for long-term sustainability. 🤝 FORGE & SCALE PARTNERSHIPS Promote partnerships such as AIM for Scale, which harness collective action, networks, and expertise to overcome challenges, while scaling investments, accelerating R&D, and driving innovative solutions into national policies. 🌍 LEAD BY EXAMPLE AT COP29 COP29 represents a pivotal moment—advocate for climate-smart agriculture and food systems innovations in global climate discussions, and share your country’s success stories on the world stage. Now is the time to act - let’s lead by example, foster partnerships, and invest in a sustainable future. Together, we can drive change for people, the planet, and global food systems. 📑 You can read the report here! https://bit.ly/4gEbKUe #AIMforClimate #ClimateAction #SustainableAgriculture #Innovation #NDCs #PublicPrivatePartnerships #FoodSystemsTransformation #Sustainability #ParisAgreement #Ag4NDCs #AIM4CReport #COP29

After looking at the Agenda and topics under consideration in the first day at #UNEA6, while I was not in attendance, I wish to submit my thoughts on Nature Based Solutions and Scaling up investment in Africa and how this relates to #ClimateAction. First, nature based solutions are important especially in helping keep carbon stored in soils. It is instructive to note that when cover crops such as grass are disturbed, the carbon stored escapes to the atmosphere adding to emissions from fossil fuels. Agriculture contributes to erosion. This then accelerates carbon emissions from the soils . Given that Africa is predominated by smallholder farmers, thinking of addressing #Environmental issues must include investing in their activities and initiatives. Hope this is part of what was on the table at #UNEA6. This takes me to the question of which kind of investment that are required to assist smallholder farmers adopt nature based solutions. One of the potential pathways is to pay farmers for keeping the carbon emissions in the ground. Helping farmers not to clear extra land for cultivation and encouraging agroforestry. Is it time to pay farmers who are conserving the environment? In parts of Europe this is happening. With the carbon market framework such as those introduced in Kenya through climate change amendment 2023 could help. its operationalization should be accelerated. The conversation, however must go beyond nature based and consider the question of #FoodSecurity among smallholder farmers. Can nature based solutions help improve food security? how does this relate to #Water given that water is the fuel for agriculture development? It is important, as the conversation concerning global multilateral environment diplomacy gets traction, we embrace a broad based strategy. This strategy should include mainstreaming #ClimateAction in every sector. Climate Policy Initiative The Australian National University EU Environment and Climate Climate Centre for Cities (C-CUBE) Climate Action Network (CAN) Europe Dr. Richard Munang JAMES THONJO UN Environment Programme Inger Andersen Rachel Wanyoike Stefanos Fotiou

The world’s foundational NATURAL ASSETS - clean air, land, and oceans - are CRITICAL for HUMAN HEALTH and NUTRITION, and underpin much of the global economy. But SUBSIDIES for FOSSIL FUELS, AGRICULTURE and FISHERIES are driving the DEGRADATION of these assets and HARMING PEOPLE, the PLANET, and ECONOMIES. According to The World Bank Group, these subsidies exceeded $7 TRILLION - or about 8% of global GDP - in 2022. This includes both EXPLICIT SUBSIDIES, which are direct public expenditures totaling about $1.25 TRILLION, and IMPLICIT SUBSIDIES, which measure the societal impacts of externalities amounting to more than $6 TRILLION. For in-depth insight, see: 🔎 https://lnkd.in/dHmgaW7X Earth Track, in its most recent report, estimated that in 2023 the world spent at least $2.68 TRILLION, equivalent to 2.5% of 2023 global GDP, on ENVIRONMENTALLY HARMFUL SUBSIDIES (EHS), of which $1.715 TRILLION went to the fossil fuels, agriculture and fisheries sectors. See previous post: 🔎 https://lnkd.in/gdYNjGKs) The key overall messages in The World Bank Group's report "Detox Development: Repurposing Environmentally Harmful Subsidies", published June 15th, 2023, are: ✅ Governments are spending trillions on INEFFICIENT SUBSIDIES that are making climate change worse - money that could be tapped to help solve the problem. ✅ REPURPOSING these wasteful subsidies will help ensure a green and just TRANSITION that can provide jobs and OPPORTUNITIES for all. ✅ The consequences of INACTION are COSTLY. We are running out of time to deal with the climate crisis. ✅ Subsidy REFORM is PRO-POOR. #biodiversity #healthyfood #nutrition #healthcare PROBLEMS require SOLUTIONS thru INNOVATION driven by ENTERPRISE #innovators #entrepreneurs #startups #smallbusiness WinSolutions | Winning Impact