The Supreme Court unanimously restricted federal environmental reviews under NEPA to direct project impacts, easing infrastructure approvals...
Beyond Numbers: Strengthening Climate Finance Through Evidence-based Impact
Summary
As COP29 highlights the need for climate finance, experts emphasize a shift toward evidence-based metrics to maximize the impact of climate funding. A recent Environmental Defense Fund report finds a lack of robust evaluations in climate finance, with only a fraction of adaptation and mitigation efforts thoroughly assessed. This gap limits funders' ability to optimize resource allocation and track successful approaches, potentially hindering global climate goals. Strategies for improvement include standardizing impact metrics, building evaluation capabilities, and incorporating local knowledge into assessments. Closing this evidence gap is critical for transparency, accountability, and enhancing the effectiveness of climate finance to support sustainable, impactful climate solutions.
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