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  • Fuchs, Alan  (1)
  • Multilateral Investment Guarantee Agency  (1)
  • Nozaki, Natsuko K.  (1)
  • World Bank Group  (1)
  • Washington, D.C : The World Bank  (3)
  • Bielefeld : transcript
  • Climate Change Mitigation
  • 1
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: 2185
    Keywords: Alignement Tools ; Climate Change Mitigation ; Climate Change Mitigation and Green House Gases ; Environment ; Finance and Development ; Finance and Financial Sector Development ; G-20 ; Sustainable Finance
    Abstract: The first action in the G-20 Sustainable Finance Roadmap proposes six high-level principles for the development and global coordination of approaches to align investments with sustainability goals. "Alignment approaches" are national and international frameworks for the financial sector that aim to monitor global sustainable finance flows and ensure that they are contributing to the temperature goals of the Paris Agreement, the Sustainable Development Goals (SDGs), and other international sustainable finance objectives. These approaches increasingly leverage "alignment tools," which include but are not limited to (a) taxonomies (or classifications) of private sector activities that can be labeled as achieving environmental and social objectives; (b) certifications and labels that confirm that products or services have met environmental, social, and governance (ESG) standards; (c) disclosure frameworks that guide private sector entities to manage and report on their ESG performance; and (d) transition frameworks that help the private sector design a credible shift to low-carbon technologies and practices. The tools can then be applied in different ways-ranging from national-level regulations to voluntary private sector-led initiatives, to corporate-level practices. The tools can be applied by investors and finance providers for different purposes at different levels: at the "asset level" (as in determining whether a project or activity is compatible with a relevant sustainable finance taxonomy or due diligence framework); the "entity level" (as inwhether a corporate or financial institution has a robust low-carbon transition plan and adheres to the International Labour Organization (ILO) Declaration on Fundamental Principles and Rights at Work); or "portfolio level" (as in whether an index is aligned with a credible temperature objective or supports poverty reduction). The G-20 Voluntary Principles for Developing Alignment Approaches provide a common foundation for ensuring these alignment approaches are robust and consistent
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  • 2
    Language: English
    Pages: 1 Online-Ressource (30 pages)
    Parallel Title: Erscheint auch als Baquie, Sandra Impacts and Sources of Air Pollution in Tbilisi, Georgia
    Keywords: Air Quality and Clean Air ; Carbon Policy and Trading ; Carbon Pricing ; Climate Change Mitigation ; Environment ; Health Impacts of CO2 Pollution ; Transportation Pollution ; Urban Air Pollution ; Urban Development ; Urban Environment ; Urban Real Estate Prices
    Abstract: Air pollution profoundly impacts welfare, causing more deaths globally than malnutrition, AIDS, tuberculosis, and malaria combined. In the Georgian capital, Tbilisi, air pollution levels exceed international standards and surpass levels in other cities in the region. The average monthly PM2.5 concentration in Tbilisi is 20 Mu g/m3, four times higher than the World Health Organization's annual recommended limit. This paper uses multiple data sources -- administrative data, satellite imagery, private real estate transactions, and traffic data -- to estimate the impact of air pollution on the health and productivity of people in Tbilisi. It estimates that a 1 percent increase in PM2.5 levels corresponds to a 0.24 percent increase in respiratory hospitalization rates. A 1 percent increase in PM2.5 is also associated with a 0.2 percent decrease in rental prices. All the estimates are lower bounds of the total impact of air pollution as they only account for short-term consequences. The study shows that traffic and industrial activity are significant drivers of air pollution in Tbilisi. The paper also estimates the positive co-benefits of potential carbon pricing policies from air pollution reduction. Adopting a carbon tax of USD 25 per ton would reduce hospitalizations by 0.44 percent per district by 2036, while increasing rental prices by 0.38 percent
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  • 3
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: 2129
    Keywords: Access To Power ; Climate Change Mitigation ; Climate Change Mitigation and Green House Gases ; Development Challenges ; Environment ; Environment and Health ; Finance and Financial Sector Development ; Low-Income Countries ; Macroeconomics and Economic Growth ; Polital Risk Mitigation ; Private Investment ; Record World Bank Lending ; Sustainable Development ; Urban Environment ; Urban Health
    Abstract: Celebrating thirty-five years since its founding, in FY23 MIGA issued a record 6.4 billion in new guarantees across forty projects. Through these projects, the Agency remained focused on encouraging private investors to help host governments manage and mitigate political risks. In FY23, as it did during the COVID-19 pandemic, MIGA demonstrated its agility to respond to crisis, employing multiple products during the year to assist the embattled people of Ukraine following Russia's invasion. An institution of the World Bank Group, MIGA is committed to strong development impact and supporting projects that are economically, environmentally, and socially sustainable. MIGA helps investors mitigate the risks of restrictions on currency conversion and transfer, breach of contract by governments, expropriation, and war and civil disturbance. It also offers trade finance guarantees, as well as credit enhancement on obligations of sovereigns, sub-sovereigns, state-owned enterprises, and regional development banks
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