The New Climate Debt: Carbon Trading Wrapped in a Green Bond Proposal

During the upcoming negotiations on climate change in Cancún, Mexico, International Emissions Trading Association (IETA) members will be trying to sell their June proposal on “green sectoral bonds” as a “new carbon mechanism.”1 Like a conventional bond, the “green sectoral bond” is a debt instrument issued for a specific purpose, in this ca

Grain Reserves: A Smart Climate Adaptation Policy

Consider these four developments: 1.) Climate change is having a profound effect on current and anticipated food production; 2.) Those effects are expected to be greatest in some of the world’s most impoverished regions, particularly in the countries that sit around the equator; 3.) The anticipated effects of climate change, coupled with the already evident disruptions to natural phenomena, inc