Environment & Climate Change

Decarbonizing existing buildings is a key component of greenhouse gas emission reduction strategies, but private investors have been slow to finance residential decarbonization projects because of a range of barriers. Authors Chang, Fornara, and Sanghvi argue that green banks could play a major role in unlocking public and private financing for projects that are currently financially unviable. 

Amy Harder, the founding Executive Editor of the climate policy publication Cipher News, expressed her surprise with several positive outcomes from the recent 28th Conference of the Parties of the United Nations Framework Convention on Climate Change (COP 28) in Dubai during a special episode of “Environmental Insights: Discussions on Policy and Practice from the Harvard Environmental Economics Program.”

In May 2023, the Arctic Initiative hosted a workshop in partnership with the Science and Technology Directorate of the U.S. Department of Homeland Security (DHS). The focus was on the challenges posed by the impacts of rapid climate change in Alaska; how DHS and its components— including the Federal Emergency Management Agency (FEMA), the Cyber and Infrastructure Security Agency (CISA), and the U.S. Coast Guard (USCG)—are addressing them; and what possibilities may exist for DHS to do more and better.

Alaska is an important region for the Department of Homeland Security (DHS), given the
Department’s statutory authority and responsibilities. This reality applies with particular force to the U.S. Coast Guard (USCG), with its jurisdiction over fisheries enforcement, drug interdiction, marine safety, oil spill response, search and rescue, and more. This policy brief provides an overview of the challenges facing the USCG in its domains of operation around Alaska—the Arctic Ocean, the North Pacific Ocean, the Bering Sea, the
Chukchi Sea, and the adjacent communities.

The International Energy Agency predicted last month that demand for global oil for transport will peak around 2026, plateau for all uses by 2028, and possibly hit a zenith by the end of the decade. Harvard experts say the forecasts track with what’s going on in the developed world, but the energy needs of less-wealthy nations pressing to develop their economies could foil expectations for years to come.

This report summarizes a workshop co-hosted by the Arctic Initiative and the Science and Technology Directorate of the U.S. Department of Homeland Security (DHS), focused on the challenges posed by the impacts of rapid climate change in Alaska.

As climate change and economic activity in the region accelerate in the Bering Strait region, the United States and Russia have a common interest in mitigating these shared environmental risks. A November workshop hosted by Harvard Kennedy School’s Arctic Initiative, the Wilson Center’s Polar Institute, and the World Wildlife Fund (WWF) brought together seventeen experts to explore potential actions that the United States and Russia could pursue, jointly or independently, to protect the Bering Strait’s sensitive marine ecosystem and coastal communities. 

Joshua Schwartz and Sabrina Arias write that although Congress seems unable to act, enough states, cities and counties are mobilizing to make a dent in U.S. carbon emissions. The states, cities, counties, and towns that have committed themselves to upholding the Paris agreement currently release a majority of U.S. carbon emissions. If they do manage to meet their targets, they can make a meaningful difference.

For many, integrating “decarbonization” into public policy, corporate and financial strategies has become a requirement, not an option — yet, what happens when the critical link between climate stability and decarbonization breaks?

The Danish Minister of Climate, Energy, and Utilities expressed his hope that the tragic war in Ukraine will help accelerate the clean energy transformation by weaning Europe off Russian gas during a Virtual Forum (view recording here) last Friday (April 8). The event was hosted by the Harvard Project on Climate Agreements (HPCA) and moderated by Robert Stavins, HPCA Director and A.J. Meyer Professor of Energy and Economic Development.