Climate 411

Solutions to Scale at Climate Week NYC: Driving Climate Actions that Benefit People, Create Economic Wins, and Scale for Impact

We’re halfway through the “decisive decade” leading up to 2030, and the urgency of climate action is at our doorstep.  

Leaders have several major milestones this September to mark that halfway point, gathering in Addis Ababa, Ethiopia for the second UN Climate Week of 2025 and Africa Climate Summit and later in New York City for the UN General Assembly and Climate Week NYC 2025.

Whether we’re gathering in Addis or Manhattan, however, we face a hard truth: despite a decade of work under the Paris Agreement, our current commitments, and in particular the pace of implementation, are simply not enough. A recent UN report shows that even if every country meets its current goals, we are still on track for a dangerous 2.7°C of warming. This isn’t just a number representing a distant threat; communities are already experiencing intensified wildfires, floods, and extreme weather. 

The economic evidence is also mounting, revealing the immediate cost of inaction. Climate-related disasters already saddle the U.S. with an estimated $150 billion bill annually. For a child born in the United States in 2024, a failure to act could mean facing nearly $500,000 in climate-related costs over their lifetime. The costs affect all of us, globally: climate change is an economic imperative that is already costing too much money—and too many lives—to ignore. 

Bright spots and solutions point the way forward 

But Climate Weeks aren’t just about sounding the alarm—they’re about showcasing the solutions that work. We’re seeing a global wave of progress that proves a clean energy future isn’t just possible, it’s already happening: 

  • According to the International Renewable Energy Agency (IRENA), the three cheapest electricity sources globally last year were onshore wind, solar panels, and new hydropower. 
  • Electric car sales topped 17 million globally in 2024, a massive jump from just 500,000 in 2014, according to the International Energy Agency (IEA).

These solutions provide cost savings and immediate health benefits by reducing air pollution. In the U.S., one economic study shows that the benefits of air pollution regulation exceed the costs by 10 to 1. This means for every dollar we spend, we get $10 worth of benefits to our health, our climate, and our society. 

These moments, from the conversations in Addis or New York to the UN climate negotiations in Brazil, are our opportunity to turn the tide. They are about more than just setting goals; rather, they are about mobilizing solutions that are proven to work for people, make good economic sense, and can be scaled up to meet the moment. 

Solutions that work for people 

Imagine healthier communities free from polluted air and water, benefiting from the economic opportunities that arise from new green industries, and the safety and stability that come from energy security and a resilient planet. Science-backed solutions exist that offer near-term progress while simultaneously enhancing quality of life. 

For example, cutting methane from agriculture can lead us toward better nutrition, health, and farmer livelihoods, alongside climate benefits. Agriculture is a significant contributor to methane, a pollutant with 80 times the warming power of carbon dioxide over a 20-year period. A substantial portion of this comes from livestock, with a single dairy cow producing up to 500 liters of methane per day. EDF is working with partners to integrate sustainable practices, like new feed and genetics, into national climate plans. This improves animal health, reduces methane output, and protects the livelihoods of farmers and the global food supply. By cutting agricultural emissions, we improve air quality and the health of rural communities, showing that a just transition is possible.

Solutions that make good economic sense 

Research shows that maximizing economic prosperity requires that we address climate change. The path forward is to scale the solutions we already have. EDF is working to advance solutions that make good economic sense for the people and companies we need to engage while delivering benefits for our planet. 

Oil and gas operations are another major source of methane pollution from leaks and venting–and an economic opportunity. Methane leakages are not only a waste of a valuable resource but also a source of harmful pollutants that harm the health of nearby communities. Slashing methane emissions is one of the fastest ways to slow climate change. At COP28, EDF helped broker an agreement for leading oil companies to reduce pollution by as much as 90%. For these companies, capturing methane translates into direct economic benefits by recovering a valuable product. For communities, it leads to tangible public health benefits. Globally, these efforts can help prevent 225,000 premature deaths and 73 billion hours of lost labor from extreme heat. 

Solutions ready to implement and scale 

Seizing this moment requires an all-of-society mobilization. Collaborative efforts, bringing together diverse perspectives and resources, are the key to scaling and implementing solutions that genuinely work. Governments must enact supportive policies, businesses must innovate and invest, and communities must shape and champion changes. 

For an example of how we can scale solutions regionally and globally, look to wildfire management. Climate change is fueling a vicious feedback loop, with wildfires releasing greenhouse gases that accelerate climate change, leading to more intense and frequent fires. The economic toll is staggering, with an estimated $250-$275 billion in damages from the 2025 Los Angeles wildfires alone. EDF is advancing a proactive, integrated wildfire management strategy that includes leveraging new data systems like the FireSAT, owned and operated by Earth Fire Alliance, for real-time prediction and incorporating the traditional ecological knowledge of Indigenous communities. This approach strengthens community resilience and reduces the devastation that wildfires wreak on local economies. Shifting from reactive emergency response to long-term prevention not only saves lives but also makes sound economic sense. 

We have just over two months until the world gathers in Belém, Brazil, for the United Nations climate talks at COP30. We need to arrive with a unified, actionable plan to scale up these solutions and accelerate progress. The task before us is to overcome entrenchment in outdated systems and focus our collective energy on scaling up solutions fast. From the collaborative spirit of Climate Week NYC to the crucial negotiations at COP30, and onwards to 2030, the call to action is resounding: it’s time to act. 

 

Check out EDF’s upcoming events and activities at Climate Week NYC.

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Climate Week NYC Kicks Off a Critical Window for Climate Action

2030 is six years away! In these next six years, we have to slash greenhouse gas emissions by 45% to avoid the worst impacts of climate change, according to the United Nations.  

To make the most of these essential years, we need to shift into a higher gear and accelerate the pace of action. The next 18 months of climate decisions are pivotal to set ourselves up for success: 

  • A New Climate Finance Goal at COP29: This November, at the UN’s COP29 in Azerbaijan, nations need to agree on a new global finance goal. This decision-point will determine how much money we must dedicate to support developing countries in taking climate action, and how that money will reach the countries and communities that need it most.   Read More »
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Multilateral Development Banks Must Turn Words into Action on Climate Finance

Shoreline protection in Bangladesh. IMF Photo/K M Asad 2021 via Flickr (CC BY-NC-ND 2.0)

By Angela Churie Kallhauge, Executive Vice President, Impact  

Addressing our planet’s climate crisis requires commitment, cooperation, and urgency – all underpinned by finance. But our international financial systems were not designed for a challenge of this scale, and we are falling behind in meeting the needs of developing countries in combatting climate change. 

In response to this challenge, the World Bank, the world’s largest multilateral development bank (MDB), adopted a reform agenda last year to become more fit-for-purpose, by providing countries with easier access to money to face the climate crisis. Other MDBs are pursuing similar transformations. 

We now need to ramp up the implementation of these reforms over the coming year. In November, the world will convene in Azerbaijan for the UN Climate Conference, COP29, to set a new target for climate finance. And unless we know how these reforms will allow MDBs to deliver and mobilize money where it’s needed most, the new finance goal may fall flat.  

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Progress to catalyze jurisdictional REDD+

Boat on a river in the Ecuadorian Amazon rainforest

Ecuadorian Amazon. Photo by Leslie Von Pless, EDF.

This blog post is authored by Angela Churie Kallhauge, Executive Vice President, Impact at Environmental Defense Fund (EDF), with contribution from Katie Goslee, Director of Nature-Based Solutions, Winrock International; Stephanie Wang, Associate Director, Wildlife Conservation Society; Jason Funk, REDD+ Strategy Director at Conservation International; and Daniela Rey Christen, Director, Climate Law and Policy

In the fight against the climate crisis, high-integrity jurisdictional REDD+ is intended to be transformational, giving forest communities and governments the ability to tap into the voluntary carbon market to access climate finance needed to ensure that large areas of tropical forests remain intact.

Jurisdictional REDD+ can deliver results, to the benefit of people, nature, and climate. Research shows that larger scale programs to pay for emission reductions from forest conservation – the scale of a whole forest region, state, or nation – are better able to ensure additionality and prevent leakage than are smaller-scale carbon programs. And larger scale programs do so for a longer period of time.

Ensuring high-integrity jurisdictional REDD+ programs are fully functioning has therefore become a key priority for many actors working to reduce deforestation and forest degradation, including businesses, governments, and Indigenous Peoples and local communities.

One problem is that forest nations looking to establish jurisdictional REDD+ programs may not currently have the technical capacity needed to deliver high-integrity carbon credits. This is holding back their access to carbon markets, even as demand for high-integrity jurisdictional tropical forest credits seems poised to accelerate.

The task at hand is to support these jurisdictions in fully unlocking the promise and potential of high-integrity carbon markets at the rapid pace and large scale needed to address the climate crisis. We don’t have much time. If we don’t end and reverse tropical deforestation and degradation by 2030 – only six years from now – the effects could be irreversible.

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Posted in Carbon Markets, Forest protection, Indigenous People, International, REDD+, United Nations / Authors: / Comments are closed