Tag Archives: Cop

Publication: Keys to Energy-Efficient Shipping

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Abstract

This report quantifies the extent to which energy efficiency measures can reduce greenhouse gas (GHG) emissions and fuel costs in global shipping. Drawing on a fleet-wide analysis across key vessel segments (bulk carriers, container ships, and tankers), it assesses the untapped potential of technical and operational efficiency measures through to 2050. Findings show that maximizing energy efficiency can cut global shipping’s GHG emissions by up to about 40% by 2030, exceeding current IMO interim targets, while simultaneously lowering the costs of the energy transition. Roughly half of these potential GHG savings by 2030 pay for themselves, offering savings of up to $220 billion annually in total costs as green fuel supply chains develop, and helping to build resiliency against fuel price volatility and rerouting shocks. The report highlights the role of short-term operational measures (such as forms of port call and speed optimization) and medium-term technical innovations (for example, wind-assisted propulsion) in achieving substantial efficiency gains. It identifies persistent economic, behavioral, and organizational barriers to uptake and illustrates them through deep dives on port call optimization and wind-assisted propulsion, showcasing innovative industry initiatives being applied to overcome these barriers. Finally, the report offers targeted recommendations for policymakers, industry, ports, and financiers to accelerate the adoption of energy efficiency solutions at scale.

“Credit: World Bank Group. All rights reserved”

Why inclusive finance must be central to the climate response

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As we approach the high-level week of the United Nations General Assembly and the UN climate change conference COP29, the global climate agenda is being defined by intense discussions around climate finance. But largely missing from this debate is the question of who has access to this funding.

The need to channel climate finance into the hands of those most affected by climate change is well recognized. The issue is at the heart of the loss and damage talks and was central to UN Secretary-General António Guterres’s speech on World Environment Day, where he underscored how it’s “a disgrace that the most vulnerable are…struggling desperately to deal with a climate crisis they did nothing to create,” and argued that “the global financial system must be part of the climate solution.” It has also been key to COP negotiations ever since the Warsaw International Mechanism on Loss and Damage was established in 2013.

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eC2: ASSESSMENT OF THE FEASIBILITY OF AND DEVELOPMENT OF A STRUCTURE FOR THE SECURITIZATION OF AGRICULTURE RECEIVABLES INCLUDING CROP RECEIPTS

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Deadline:  11-May-2021 at 11:59:59 PM (Eastern Time – Washington D.C.)

The International Finance Corporation: IFC, a member of the World Bank Group, promotes sustainable private sector investment in developing countries to reduce poverty and improve peoples lives. In addition to its investment work, IFC provides advisory services to several clients to support them in meeting specific development goals. IFCs advisory support to the financial sector is implemented via its Financial Institutions Group and is organized around the following main themes: Innovation/Base of Pyramid: including Microfinance, Mobile Financial Services, Housing Finance, Rural Finance. Banking Services: SME Finance, Sustainable Energy Finance, Insurance, Agri finance, Leasing, Trade Finance, Gender, Risk Management, and Corporate Governance. Financial Infrastructure: Credit Reporting, Collateral Registries and Secured Transactions, Securities Markets

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