S&P Global Ratings’ COP23 outlook covered by Sustainable City Network

After a year of multiple extreme weather events around the world, there was growing sense of urgency for action at COP23, particularly from the small island states and developing countries looking to focus more attention on climate change adaptation.

As such, S&P Global Ratings’ produced a report “COP23: Two Degrees, With Separation” examining the nationally determined contributions (NDCs); America’s continued role in the fight against climate change; and the possibility for blended finance as a means to reach climate goals (i.e. the provision of both public and private funding from a range of different sources, including sovereign, development, and multilateral lenders as well as private entities).

The report’s key takeaways were covered by Sustainable City Network here.

Image Credit: CC Search user: Carl A (License).

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