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The Network of Central Banks and Supervisors for Greening the Financial System (NGFS) is a voluntary group of banks and supervisors that aim to share best practices on climate risk management in the financial sector and to mobilise mainstream finance to promote the transition to a sustainable economy. Climate Analytics contributes to this work by providing estimates of risk from climate change impacts using future climate projections and makes them publicly available through the Climate Impact Explorer online tool.
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Coal is the most carbon intensive fossil fuel - phasing it out is key to achieving the 1.5°C Paris Agreement goal. Most emissions from coal are in the electricity sector, so coal’s phase-out is relatively cheap and easy, as the technologies that can replace it already exist. Our research shows coal needs to be phased out globally by 2040 for the world to meet its climate commitments.
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We provide technical support to vulnerable developing countries to develop 2035 Nationally Determined Contributions (NDCs) and Long Term Low Emissions Development Strategies (LT-LEDS). The project aims to empower these countries to develop more ambitious emissions reduction and adaptation targets that contribute to global efforts in achieving the Paris Agreement.
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This project aims to empower island communities to assess what risks they face from flooding under different climate scenarios and help them determine which adaptation strategies will work best for their circumstances.
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Fossil gas has long been marketed as a “bridge fuel” on the way to a cleaner energy system – a less-polluting alternative to coal. But this is a dangerous fallacy promoted by vested interests. Our research shows gas needs to be phased out globally by 2045 for the world to meet its climate commitments.