Policy

Financing the climate transition in China’s agri-food systems

The urgency of China’s agri-food system to transition towards net zero and climate resilience is unquestionable. Agri-food systems are responsible for about 21%-37% of global total GHG emissions but also face considerable climate risks which make them a critical factor in both climate change mitigation and adaptation efforts. Furthermore, aligning the climate transition of the agri-food system with the Sustainable Development Goals (SDGs) is crucial to ensure justice and inclusivity especially given the role of the sector as a major employer in rural areas.

The role of policymakers in mobilising private finance to ensure a credible and just transition in steel and cement

This is the decade of change for steel and cement, which as the two largest industrial emitters globally are crucial to the net- zero transition. Steel and cement are pivotal to meeting the Paris Agreement objectives but while fuel substitution can help address emissions from steelmaking, it cannot fully address those from cement.

This paper, prepared for the G20 Sustainable Finance Working Group, examines how policymakers can speed, steer, and simplify the transition of the steel and cement industries to net zero. 

Fiscal Policy and Sustainable Finance: Enhancing the Role of the Financial Sector in Achieving the Sustainable Development Goals

Authored by Climate Bonds Initiative, the report outlines the approach to integrate climate action into fiscal policies that can be considered by governments to trigger the growth of sustainable finance, highlighting successful measures implemented by the Association of Southeast Asian Nations plus three (ASEAN+3) countries. Amongst the suggestions include developing sustainable finance roadmaps to demonstrate how policies that prioritise climate action connect with real economic activities, and encouraging countries to adopt multi-pronged strategies to drive change.