Climate Policy Advisor - Consultant Carbon Market - Speaker Climate Tech - Senior Associate International Financial Reforms @eccoclimate
Earth
Joined March 2012
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Eleonora Cogo retweeted
⚖️ DEGs: RECURSO VALIOSO, MAL DISTRIBUIDO Y SUBUTILIZADO
El grupo de think tanks del G20, publicamos un paper titulado “Reformar los criterios para la asignación de DEG para fortalecer su papel en la respuesta a crisis globales y el financiamiento para el desarrollo sostenible”.
Eleonora Cogo retweeted
📌 IDA21: $100 billion for development
At its 21st replenishment conference the World Bank's International Development Association (IDA) raised $24 billion in donor contributions, which will leverage a total of $100 billion in financing
"An increased IDA is a significant commitment by G7 countries which finally put some new development finance on the table which is also in line with the COP29 deal. Italy's increase and support for IDA during the year of the G7 presidency - which occurred with the announcement of increase of its share by President Meloni at the G20 Summit in Rio - confirms that multilateral development assistance is vital for supporting stability, peace, and security, and this is ever so crucial for Africa's future resilience and development” said @lucaberga
🌍 In 2022, IDA was the largest provider of climate finance to African countries with $4.45 billion. The climate finance mobilized by IDA will critically contribute to the new climate goal (NCQG) adopted at COP29 in Baku
"This is good news for climate following the results of COP29. IDA, together with contributions from other Multilateral Development Banks, will play a crucial role in achieving the goal agreed in Baku of tripling support to developing countries by 2035, and is particularly significant given the highly concessional nature of its funding" added @elecogo
👉 Read our press release here eccoclimate.org/ida21-100-bi…
Eleonora Cogo retweeted
📌 Governare la transizione energetica: una sfida italiana e mondiale
🗓️giovedì 12 dicembre, h10-17:30
📍Sala Convegni, Fondazione Barberini, Bologna
Gli esperti di politiche climatiche di ECCO e @ecosistemi_ parleranno di come costruire un ponte strategico tra dimensione locale e globale e dell’importanza di una governance multilivello per affrontare le sfide climatiche
Interverranno:
Bibi Bellini (@FondazBarberini)
@fra_bellisai
Gabriele Cassetti
@elecogo
@silviafrance
Sabina Nicolella(@ecosistemi_)
Scopri di più e iscriviti 👇
eventbrite.it/e/biglietti-go…
Eleonora Cogo retweeted
The IMF, World Bank, and even the US argue many distressed low income countries face liquidity strains & need financing to tide them over. No! They need debt relief. It's time for a new HIPC/MDRI-like debt initiative. Thanks to Kevin Gallagher!👇
omfif.org/2024/11/distressed…
Eleonora Cogo retweeted
Now that governments @COP29_AZ agreed the #NCQG that sets out future goals for international climate finance, the focus turns to how they will be delivered.
Here are my thoughts, featuring more MS Paint graphics that I know @edking_I loves so much:
nrdc.org/bio/joe-thwaites/ho…
Eleonora Cogo retweeted
📌 Risultati chiave della COP29
🤝 Nella notte tra sabato e domenica è stato trovato l’accordo che ha chiuso la #COP29
Scopri di più sui risultati chiave della COP29 nell'articolo di @elecogo e @AlexScottLondon
Leggilo qui 👇 eccoclimate.org/it/risultati…
Eleonora Cogo retweeted
I’m waking up from the post-COP29 slumber.
What an intense few days. Many reflections have been shared already on the disappointing finance goal outcome.
My key takeaways with the wonderful @elecogo below.
And sharing a few rays of hope in this 🧵
eccoclimate.org/key-takeaway…
Eleonora Cogo retweeted
📌 COP29: Accordo al ribasso sulla finanza e stallo sull’uscita dalle fonti fossili
Si è conclusa nella notte la #COP29. L’accordo sull'#NCQG è stato raggiunto
Leggi il comunicato 👇 eccoclimate.org/it/accordo-a…
Eleonora Cogo retweeted
I'd add, per statement last week, MDB finance will rise to
$185bn annually by 2030
+$41bn bilateral in 2022
+$3.7bn multilat climate funds in 2022
+$9.2bn private mobilised by bilats
=$239bn with no additional bilat growth
Important note: On a "business-as-usual" trajectory, with...
⛔️NO new finance pledges
⛔️NO new finance system reforms
⛔️NO extra effort
Climate finance reaches ~$200bn by 2030
...According to analysis by @WatsonCharlene @joethw8s @DavidRyfisch @elecogo
nrdc.org/bio/joe-thwaites/ge…
Eleonora Cogo retweeted
Il 22 novembre a Caterpillar @RaiRadio2
- @elecogo di @eccoclimate su #Cop29
- L’inchiesta radio-podcast che ha vinto il Premio Morrione
- Il lago Camastra in Basilicata si è prosciugato provocando una crisi idrica per 140mila persone
caterpillar.rai.it
Eleonora Cogo retweeted
🔎 #NCQG
L’NCQG, l'obiettivo di finanza per il clima, è il tema al centro dei negoziati tra le Parti alla #COP29
❓ Perché è così importante?
@elecogo ne ha parlato a @SkyTG24
Guarda l'intervista 👇
video.sky.it/news/ambiente/v…
Eleonora Cogo retweeted
In light of yesterday's big MDB #climatefinance announcement @COP29_AZ, we've updated the business-as-usual scenario total in our #NCQG modelling from $173bn to $197bn in 2030.
More details here: nrdc.org/bio/joe-thwaites/ge…
Yesterday @COP29_AZ, MDBs announced that they estimate their public #climatefinance for low- and middle-income countries will rise 60% from $74.9bn in 2023 to $120bn/yr by 2030, and that this will mobilize $65bn in private finance. $185bn from MDBs alone. Good sign for #NCQG
Eleonora Cogo retweeted
🇦🇷 El gobierno de Milei decidió retirar a la delegación argentina de la conferencia climática #COP29 y no participará en las negociaciones. Me lo confirmaron de la subsecretaría de Ambiente de la Nación
En breve nota en @Climatica con lo que esto realmente implica
Eleonora Cogo retweeted
In his speech today at #COP29 in Baku, #China's Vice Premier Ding Xuexiang stated, "Since 2016, China has provided and mobilized project funds of more than 177bn RMB ($24.5bn), strongly supporting other developing countries in addressing #climatechange." 🧵
1/8
Eleonora Cogo retweeted
Solar PV.
68 years from the Bell Solar Battery (1954) to the first terawatt installed (2022).
2 years (2024) to install the second terawatt.
@GSolarCouncil
What Trump victory means for COP29 ⬇️ worth a read ⬇️
What does a Trump win mean for COP29?
The incoming climate denier will loom large. But before panic sets in, we should examine the lessons from history.
The task at hand is for the rest of the world to show the value of multilateral climate cooperation.
medium.com/@alex_scott_clima…
Eleonora Cogo retweeted
Climate crunch time is here.
@UNEP's new #EmissionsGap Report shows we need G20 led 🌎 action at a scale and pace never seen before or the 1.5°C goal be lost.
Ahead of #COP29, countries must increase efforts now & deliver truly ambitious NDCs next year.
unep.org/resources/emissions…
Eleonora Cogo retweeted
🔎 Getting from Here to There: Scaling Up Climate Finance for the #NCQG
What are the pathways to scale up international climate funding to meet the NCQG on #climatefinance?
Read more👇
nrdc.org/bio/joe-thwaites/ge…
@joethw8s @NRDC @WatsonCharlene @ODIclimate @DavidRyfisch @Germanwatch @elecogo
Eleonora Cogo retweeted
On big questions of how everything could add up to the scale of investment needed to meet climate goals, @joethw8s @WatsonCharlene @DavidRyfisch @elecogo have a great piece mapping that out ahead of the decision on the New Collective Quantified Goal at COP
nrdc.org/bio/joe-thwaites/ge…
Eleonora Cogo retweeted
📌 Tassazione internazionale per clima e sviluppo
Questo rapporto presenta prospettive e opportunità offerte dalla tassazione internazionale per facilitare la transizione energetica e aiutare ad affrontare i cambiamenti climatici
Leggilo qui 👇
eccoclimate.org/it/una-tassa…