{"id":24772,"date":"2019-11-28T10:13:46","date_gmt":"2019-11-28T09:13:46","guid":{"rendered":"https:\/\/preprod.i4ce.org\/2019\/11\/28\/cop25-side-event-i-aligning-with-the-paris-agreement-what-does-it-mean-for-the-international-development-finance-club\/"},"modified":"2022-07-15T21:20:53","modified_gmt":"2022-07-15T19:20:53","slug":"cop25-side-event-i-aligning-with-the-paris-agreement-what-does-it-mean-for-the-international-development-finance-club","status":"publish","type":"post","link":"https:\/\/staging.i4ce.org\/en\/cop25-side-event-i-aligning-with-the-paris-agreement-what-does-it-mean-for-the-international-development-finance-club\/","title":{"rendered":"COP25 side-event I Aligning with the Paris Agreement: what does it mean for the International Development Finance Club?"},"content":{"rendered":"

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Aligning with the Paris Agreement: what does it mean for the International Development Finance Club?<\/strong><\/h3>\n

\u00a0<\/strong><\/p>\n

International Development Finance Club Pavilion <\/strong><\/p>\n

Saturday 7 December, 2-3:30 pm<\/strong><\/p>\n

 <\/p>\n

The Paris Agreement has reframed climate action from a focus on the near-term incremental increase of adaptation and mitigation actions to emphasize the importance of the long-term transformation of economies and societies. Since COP21, an increasing number of public and private financial institutions have taken the commitment to \u201calign\u201d with the Paris Agreement. While there is still no concrete and common understanding of what alignment with the Paris Agreement is, initial frameworks released by financial institutions present guiding principles for their activities.<\/em><\/p>\n

As such, Climate Policy Initiative<\/a> (CPI) and the Institute for Climate Economics (I4<\/span>CE<\/strong>) were mandated by the International Development Finance Club<\/a> (IDFC) and the European Climate Foundation<\/a> (ECF) to develop a framework that captures the implications of the Paris Agreement \u2013 both through the long-term goals and the process laid out to achieve them. As part of this project, I4CE has identified the three dimensions that financial institutions should take into account when considering the alignment of their activities. In turn, CPI has used the resulting framework to identify the changes the Paris Agreement implies for the role of Development Finance Institutions (DFI) \u2013 specifically, members of the IDFC \u2013 and how they may implement these changes through a targeted set of activities.<\/p>\n

 <\/p>\n

This side-event, organized by IDFC in partnership with I4CE, CPI and ECF aims to present and discuss key outcomes of the research project linking it with emerging approaches and practices of IDFC members to implement the recommendations made and align with the Paris Agreement.<\/p>\n

 <\/p>\n

Provisional Agenda<\/u><\/strong>:<\/p>\n