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The Center on Global Energy Policy (CGEP) at Columbia University SIPA today announced new personnel additions who bring extensive experience from government and the private sector to the...
Announcement• July 3, 2025
Energy Explained
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The European Commission (EC) published a proposed regulation on June 17 to end Russian gas imports by the end of 2027; this followed the initial roadmap to do...
Artificial intelligence is transforming our world—and the energy sector. Earlier this year, the International Energy Agency (IEA) released a comprehensive report examining both AI’s projected energy demands and...
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When a country or community lacks sufficient, predictable, timely, and accessible funding to minimize the physical impacts from climate change, it can become trapped in a vicious cycle. Without resilient infrastructure, a country would likely suffer greater economic losses following a climate disaster than would otherwise be the case, which leads to a weaker fiscal position to spend on strengthening resiliency, thus leaving it more exposed to the next disaster, and the cycle goes on. To prevent such a downward spiral, sustained international support is needed for emerging and developing countries to access financing for building resiliency. However, international public flows to emerging economies for financing adaptation amounted to a meager $28 billion in 2022.
The first global stocktake undertaken during COP28 warned about the widening adaptation financing gap, which UNEP estimates to be $187-359 billion per year. Given the limited funding, it is important to direct them to places where they can have the maximum impact possible. The Climate Finance (CliF) Vulnerability Index can help in this regard. A donor can pick between two countries that face similar climate disaster risks based on where their funds can go further, as the index explicitly includes a separate dimension covering each country’s ability to access financing.
The Climate Finance (CliF) Vulnerability Index is designed to provide a comprehensive understanding of climate vulnerability for nation states in order to improve the targeting and provision of climate change adaptation financing.