Publications Development finance

From Aligning with Paris to the SDGs

4 November 2020 - Climate Brief - By : Alice PAUTHIER / Ian COCHRAN, Phd

Climate Action and Sustainable Development are two parts of the same challenge and must be addressed together. Both adopted in 2015, the Paris Agreement and the 2030 Agenda for Sustainable Development frame a set of global objectives that are deeply connected.  

 

Since 2015, discussions on the ‘alignment’ either with the climate or sustainable development objectoves have arisen with a need to develop robust frameworks that can support institutions in aligning themselves with these objectives from strategies to operations. This document aims to connect the dots between the climate and the sustainable development community and discuss how to connect – if not unify – alignment approaches.

 

This Climate Brief discusses how I4CE’s Framework for Alignment with the Paris Agreement could be used as a basis for broader SDGs alignment frameworks. It is intended to serve as a basis for exchange between financial institutions’ practitioners and the think tank and research community who have started to develop and sometimes implement alignment approaches with either climate or sustainable development objectives, or both.

 

Key messages:

 

– Alignment requires that both public and private actors look across three dimensions to assess whether their strategies and operations are both consistent with and best contribute to climate and sustainability goals:
– A Comprehensive Scope of Action,
– A Long-Term Time Horizon to Guide Impact,
– An Ambitious Scale of Contribution.

– Alignment approaches should rely on ambitious national pathways or ‘visions’ of how long-term climate and sustainability goals could be met nationally and internationally. How-ever, in practice national pathways are still insufficiently operationalizable and there is an urgent need to develop them.

– To overcome the inherent complexity of addressing both climate change and other SDGs simultaneously, the approach proposed by the 2019 Global Sustainable Development Report appears to be a step forward to guide the development of align-ment methodologies.

 

To learn more
  • 07/02/2025 Foreword of the week
    Bridging the gap: high-level climate & development finance commitments and the reality on the ground

    The 4th International Conference on Financing for Development (FFD4) in Seville represents a milestone for delivering on development (including climate action) goals, a decade after the adoption of the Sustainable Development Goals and the Paris Agreement. The “Seville Commitment” was adopted on June 30th, albeit in the absence of the United States – demonstrating that widespread support remains for a comprehensive package to finance development. However, the outcome also embodies the growing chasm between high-level commitments and the reality of financing for development and climate action on the ground. Recent research by I4CE attempts to bridge this gap on two crucial issues. 

  • 05/28/2025
    How can financial intermediation better contribute to the climate transition?

    This report aims to support better use of financial intermediation by public development banks (PDBs) providing international development finance, helping PDBs work better together as a system, with a common understanding of where they contribute the most to low-emissions and climate-resilient development. It mainly focuses on financial intermediation through on-lending to public (government-owned) financial institutions in developing countries.

  • 02/21/2025 Foreword of the week
    Public development banks: towards higher climate ambition

    Next week, representatives of public development banks and their stakeholders will gather in Cape Town for the 5th Finance in Common Summit (FiCS), to discuss how public development banks can align all their activities with the Sustainable Development Goals, the Paris Agreement, and the Global Biodiversity Framework. As the global network of public development banks, Finance in Common represents about 10% of total global development investments each year, which must all align with sustainable development pathways. This year, the discussions at FiCS will take place while South Africa hosts the first meeting of the G20 Finance Ministers and Central Bank Governors, with a focus on solidarity, equality, and sustainability.

See all publications
Press contact Amélie FRITZ Head of Communication and press relations Email
Subscribe to our mailing list :
I register !
Subscribe to our newsletter
Once a week, receive all the information on climate economics
I register !
Fermer