Finance for climate action is growing—however, much of this money is being invested in wealthier nations, while the regions where funds are needed most are often overlooked and underfunded by both public and private institutions. The good news for funders is that there are climate solutions that not only significantly reduce greenhouse gas emissions, but also create cascading social and public health benefits for communities on the frontlines of the climate crisis. For those looking to get the biggest return on their investment—for both people and planet—we offer two particularly promising solutions: ramp up funding for clean cooking and electricity where they matter most. 

Last September, Secretary-General António Guterres outlined the United Nation’s Our Common Agenda in a speech to the General Assembly. His remarks focused on the future of global cooperation for the next 25 years. It was imperative, he messaged, to recognize that our accelerated interconnectedness, and the formidable challenges we all face, can only be addressed through a reinvigorated multilateralism, with the United Nations at the core of collective member efforts. We must think big, act swiftly, and work effectively, he said, to reshape how we move forward today to achieve the goals of the UN declaration commemorating the 75th anniversary of the United Nations.

In this Year of the Tiger, China, the world’s largest carbon emitter, is signaling more aggressive climate action on several fronts, including expanding its national carbon emission trading system (ETS).  Since the launch of the program on July 16, 2021, results have been encouraging; carbon intensity fell three and a half percent in the second half of 2021 and total carbon emissions only grew by four percent, compared to nine percent in the first half of the year. However, China’s implementation of ETS has triggered criticism for having low penalties, loose restrictions, and too low a carbon price. Like a tiger in tall grass, it is vital that Chinese policymakers pounce on the obstacles to expanding ETS coverage and transition from an intensity-based cap to an absolute cap. Signs show this can happen sooner as opposed to later.

Whiskey is for drinking, water is for fighting. Mark Twain may or may not have said it, but it gets repeated because it rings true. Water is central to human wellbeing, from drinking water and hygiene to growing food, producing electricity, and supporting identity-defining landscapes.  

As Russia’s unprovoked assault on Ukraine continues, the world’s focus is rightfully on ending this conflict as soon as possible. But the global impact of a senseless war launched by a petro-dictator also calls for deeper reflection.  

The crisis in Ukraine is rightly at the center of U.S. foreign policy attention but, even in the midst of that justified focus, the latest IPCC report unflinchingly reminds us of another emergency: we are running out of time to avoid the most devastating effects of climate change, including the social, economic, environmental and security risks that can actually drive war.

China continues blazing a trail across the Wider Caribbean through large capital flows, loans, and investment. In the last two years alone, more than a dozen Caribbean nations have signed on to China’s Belt and Road Initiative—even as some still recognize Taiwan, perhaps the only remaining sticking point preventing further signatories. The deepening of relations did not happen overnight, but it is only recently that the Belt and Road Initiative has drawn attention to China’s strategic investments and growing political bonds with Caribbean island nations.