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8,000
AR6_WGIII
1,816
43
The depth and character of the local capital market also affect cities differently in generating bonds
high
2
train
8,001
AR6_WGIII
1,817
4
There is insufficient evidence about which financing schemes contribute to climate change mitigation and adaptations at community level
high
2
train
8,002
AR6_WGIII
1,817
15
Integrated urban capital investment planning is an option to develop cross-sectoral solutions that reduce investment needs, boost coordination capacity, and increase climate-smart impacts
high
2
train
8,003
AR6_WGIII
1,817
23
Investor demand is driving developments in innovative financial products
high
2
train
8,004
AR6_WGIII
1,817
26
The growth and diversity of the green bond market illustrates how innovative financial products can attract both public and private investors
high
2
train
8,005
AR6_WGIII
1,818
3
Significant potential exists for continued growth in innovative financial products, though some challenges remain
high
2
train
8,006
AR6_WGIII
1,818
18
Financial disclosure regulatory developments can help further align and specify definitions of green in the financial sector but are not a substitute for climate policy
high
2
train
8,007
AR6_WGIII
1,818
35
Identifying green financial products can increase uptake and may result in a lower cost of capital in certain parts of the market
high
2
train
8,008
AR6_WGIII
1,818
41
There is some evidence of a premium, or an acceptance of lower yields by the investor, for green bonds
medium
1
train
8,009
AR6_WGIII
1,819
11
Financial flows via these instruments have limited measurable environmental impact to date, however they can support capacity building on climate risk and opportunities within institutions to realise future impacts
high
2
train
8,010
AR6_WGIII
1,821
19
One challenge is unlocking unencumbered endowments to contribute to Paris and SDGs
high
2
train
8,011
AR6_WGIII
1,822
8
Institutional domestic and international investors have growing assets estimated to exceed USD100 trillion
high
2
train
8,012
AR6_WGIII
1,822
18
However, progress remains pilot, slow and piecemeal
high
2
train
8,013
AR6_WGIII
1,822
24
Options to mobilise institutional investors currently remain small pilots, relative to Paris and SDG ambitions
high
2
test
8,014
AR6_WGIII
1,822
37
Paris-aligned NDCs that integrate policies on COVID-19 pandemic recovery, climate action, sustainable development, just transition and equity can harness co-benefits including contribution to Invisible UN SDG 7 energy poverty sectors
high
2
train
8,015
AR6_WGIII
1,823
16
Combining approaches: (i) developed countries meeting UNFCCC USD100 billion commitment on a grant-equivalent basis, (ii) stepped up technical assistance, (iii) infrastructure coordination, (iv) knowledge sharing by project preparation entities, and (iv) harnessing project risk facilities such as guarantees could be ins...
high
2
train
8,016
AR6_WGIII
1,824
13
Existing project risk facilities including guarantees could benefit from coordination, scaling and better reporting frameworks
high
2
train
8,017
AR6_WGIII
1,824
27
Investment vehicles into green infrastructure come in various forms
high
2
train
8,018
AR6_WGIII
1,825
4
Developing government bond yield curves with different maturities can be an important policy objective
high
2
train
8,019
AR6_WGIII
1,825
24
Developing countries are using fiscal incentives, grants, and guarantees to support nascent bond markets with most taxonomies under development
high
2
train
8,020
AR6_WGIII
1,826
11
This makes a business case for deferred investments in grid infrastructure
medium
1
train
8,021
AR6_WGIII
1,826
28
MaaS tends to deliver significant urban benefits (e.g., cleaner air) and brings in efficiency gains in the use of resources
high
2
train
8,022
AR6_WGIII
1,827
2
If effectively implemented, nature-based solutions can be cost- effective measures and able to provide multiple benefits, such as enhanced climate resilience, enhanced climate change mitigation, biodiversity habitat, water filtration, soil health, and amenity values
high
2
train
8,023
AR6_WGIII
1,827
6
Nature-based solutions have large potential to address climate change and other sustainable development issues
high
2
train
8,024
AR6_WGIII
1,827
13
REDD+ can significantly contribute to climate change mitigation and also produce other co-benefits like climate change adaptation, biodiversity conservation, and poverty reduction, if well-implemented
high
2
test
8,025
AR6_WGIII
1,827
45
The development of nature-based solutions faces barriers that relate to the value proposition, value delivery and value capture of nature- based solutions business models and sustainable sources of public/ private finance to tap into
high
2
train
8,026
AR6_WGIII
1,828
7
Policies and frameworks to expand and enhance financial inclusion also extend to the area of climate finance
high
2
train
8,027
AR6_WGIII
1,828
14
At the level of public multilateral climate funds, there have been significant improvements in integrating gender equality and women’s empowerment issues in the governance structures, policies, project approval and implementation processes of existing multilateral climate funds such as the UNFCCC’s funds managed by the...
high
2
train
8,028
AR6_WGIII
1,828
24
Overall, efforts to promote gender responsive/sensitive climate finance, at national and local levels, both in the public and private dimensions and more specifically in mitigation-oriented sectors such as clean and renewable energy, remain deficient
high
2
train
8,029
AR6_WGIII
1,863
1
Innovation has also led to, and exacerbated, trade-offs in relation to sustainable development
high
2
train
8,030
AR6_WGIII
1,863
4
The currently widespread implementation of solar photovoltaic (solar PV) and light-emitting diodes (LEDs), for instance, could not have happened without technological innovation
high
2
train
8,031
AR6_WGIII
1,863
7
Trade-offs include negative externalities – for instance, greater environmental pollution and social inequalities – rebound effects leading to lower net emission reductions or even increases in emissions, and increased dependency on foreign knowledge and providers
high
2
train
8,032
AR6_WGIII
1,863
10
This systemic view of innovation takes into account the role of actors, institutions and their interactions, and can inform how innovation systems that vary across technologies, sectors and countries, can be strengthened
high
2
train
8,033
AR6_WGIII
1,863
19
A combination of scaled-up innovation investments with demand-pull interventions can achieve faster technology unit cost reductions and more rapid scale-up than either approach in isolation
high
2
train
8,034
AR6_WGIII
1,863
28
This inhibition occurs more often in developing countries
high
2
train
8,035
AR6_WGIII
1,863
30
Capabilities play a key role in these functions, the build-up of which can be enhanced by domestic measures, but also by international cooperation
high
2
train
8,036
AR6_WGIII
1,863
34
The effectiveness of such international cooperation arrangements, however, depends on the way they are developed and implemented
high
2
train
8,037
AR6_WGIII
1,863
37
International diffusion of low-emission technologies is also facilitated by knowledge spillovers from regions engaged in clean R&D
medium
1
train
8,038
AR6_WGIII
1,863
39
Some literature suggests that it is a barrier, while other sources suggest that it is an enabler to the diffusion of climate-related technologies
medium
1
train
8,039
AR6_WGIII
1,864
4
These gaps could be filled by enhancing financial support for international technology cooperation, by strengthening cooperative approaches, and by helping build suitable capacity in developing countries across all technological innovation system functions
high
2
train
8,040
AR6_WGIII
1,864
6
For example, despite building a large market for mitigation technologies in developing countries, the lack of a systemic perspective in the implementation of the Clean Development Mechanism, operational since the mid- 2000s, has only led to some technology transfer, especially to larger developing countries, but limite...
medium
1
train
8,041
AR6_WGIII
1,864
9
Addressing both sets of challenges simultaneously presents multiple and recurrent obstacles that systemic approaches to technological change could help resolve, provided they are well managed
high
2
train
8,042
AR6_WGIII
1,864
10
Obstacles include both entrenched power relations dominated by vested interests that control and benefit from existing technologies, and governance structures that continue to reproduce unsustainable patterns of production and consumption
medium
1
train
8,043
AR6_WGIII
1,864
16
System-level rebound effects may also occur
high
2
train
8,044
AR6_WGIII
1,864
21
At present, the understanding of both the direct and indirect impacts of digitalisation on energy use, carbon emissions and potential mitigation, is limited
medium
1
train
8,045
AR6_WGIII
1,864
24
Inspiration can be drawn from the global unit cost reductions of solar PV, which were accelerated by a combination of factors interacting in a mutually reinforcing way across a limited group of countries
high
2
train
8,046
AR6_WGIII
1,870
40
Spillovers related to energy and low-carbon technologies have been documented by a number of empirical studies
high
2
train
8,047
AR6_WGIII
1,870
44
The presence of spillovers can have both positive and negative impacts on climate change mitigation
high
2
train
8,048
AR6_WGIII
1,870
55
In addition, the presence of spillovers implies that a unilateral effort to reduce emissions in one region could reduce emissions in other regions
medium
1
train
8,049
AR6_WGIII
1,917
20
In conjunction with other enabling conditions, technological innovation can support system transitions to limit warming, help shift development pathways, and bring about new and improved ways of delivering goods and services that are essential to human well-being
high
2
train
8,050
AR6_WGIII
1,917
22
Trade-offs include negative externalities, such as environmental impacts and social inequalities, rebound effects leading to lower net emission reductions or even increases in emissions, and increased dependency on foreign knowledge and providers
high
2
train
8,051
AR6_WGIII
1,917
23
Digitalisation, for example, holds both opportunity for emission reduction and emission-saving behaviour change, but at the same time causes significant environmental, social and greenhouse gas (GHG) impacts
high
2
train
8,052
AR6_WGIII
1,917
28
Like other enabling conditions, technological innovation plays a balancing role – by inhibiting change as innovation strengthens incumbent technologies and practices – and a reinforcing role, by allowing new technologies and practices to disrupt the existing socio-technical regimes
high
2
train
8,053
AR6_WGIII
1,917
31
Against this backdrop, international cooperation on technological innovation is one of the enablers of climate action in developing countries on both mitigation and adaptation
high
2
train
8,054
AR6_WGIII
2,011
1
Sustainable Development Goals SectorSectoral mitigation optionsSDG 1 End poverty SDG 2 Zero hungerSDG 3 Good health and wellbeingSDG 4 Quality education SDG 5 Gender equalitySDG 6 Clean water and sanitationSDG 7 Affordable and clean energy SDG 8 Decent work and economic growthSDG 9 Industry, innovation and infrastructu...
medium
1
train
8,055
AR6_WGIII
2,011
2
Will likely require significantly more critical minerals Key context would include availability of land that does not compromise biodiversity Solar energy+ Solar PV can provide low-cost electricity to several communities (high confidence)± Land use for solar energy needs to be coordinated based on local circum- stances...
medium
1
train
8,056
AR6_WGIII
2,011
5
Large-scale bioenergy projects with CCS may be expensive
medium
1
test
8,057
AR6_WGIII
2,011
6
The reason for the tradeoff is competition between food and bioenergy crops (medium confidence)± Depending on the scale and infrastructural efficacy, bioenergy may result in good or poor air quality (medium confidence)± Some bioenergy feedstocks may cause competition for water
high
2
train
8,058
AR6_WGIII
2,011
7
High depen- dence of 2.2 billion people on traditional and non-sustainable biomass, with nega- tive impact on health and deforestation (high confidence)+ Potential to provide employ- ment, including to workers who may be transitioning from fossil sectors (high confidence)+ Considerable opportunities for integration wit...
high
2
train
8,059
AR6_WGIII
2,011
8
At the same time, effluents from biofuel production can also cause negative impacts on marine ecosystems when effluent treat- ment is not meeting high standards (high confidence)± Land use needs to be coordinated, otherwise can have negative implications on biodiversity and food production (high confidence)Sections 6.4...
high
2
train
8,060
AR6_WGIII
2,011
9
Much Literature on both the health benefits as well as risks arising from such power plants (high confidence)– Significant water consumption (high confidence)± Increased use of nuclear power can provide stable baseload power supply and reduce price volatility but has nuclear waste management needs (medium confidence)+ ...
medium
1
train
8,061
AR6_WGIII
2,011
11
In the latter case, a wide range of infrastructure issues need to be addressed, including facilities and equipment, as well as human and financial resources, and the legal and regulatory framework (medium confidence)± Cater to sustain- able production, low resource consumption, but has significant waste management need...
high
2
train
8,062
AR6_WGIII
2,011
12
Long- term solutions for high-level radioactive waste are under development (medium confidence)± Low impacts to biodiversity but high impact in case of an accident (medium confidence)Section 6.4.2.4, Figure 6.18Depends on the type of power plants being displaced Nuclear requires significantly less minerals than other l...
high
2
train
8,063
AR6_WGIII
2,012
2
Water management for reducing drought and adapting to climate change is important issue
high
2
train
8,064
AR6_WGIII
2,012
3
Water management for reducing drought and adapting to climate change is important issue (high confidence)± Probably no direct impact (soil–human health nexus through nutritional transfer: may contribute to better nutrient security through quality and nutrient-rich products and better living if higher prof- its and dive...
medium
1
train
8,065
AR6_WGIII
2,012
6
Trade-offs with other uses of the organic matter Reduce CH 4 and N2O emissions in agriculture± When part of improved agricul- ture, it may reduce hunger (low confidence)+ Cleaner air and soil-plant-herbivore nexus (high confidence)± Less use of water and less manure into water streams (low confidence)± Requires innova-...
low
0
train
8,066
AR6_WGIII
2,012
7
It can compete for land and thus with food provision Ecosystem restoration, reforestation, afforestation+ If it provides income, food and wood products, then neutral to positive
medium
1
train
8,067
AR6_WGIII
2,012
8
Reforestation and forest restoration can have co-benefits for food security, and cleaner air and greener environment generally leads to better health
medium
1
test
8,068
AR6_WGIII
2,012
9
Afforestation (on naturally unforested land) can compound climate-related risks to water security (medium confidence)– May lead to competition for land and less economic benefits (medium confidence)± When done with involvement of locals it can reduce inequality (low confidence)+ When surrounding cities, it may lead to ...
medium
1
train
8,069
AR6_WGIII
2,012
10
If car - ried out at massive scale, competition for food will arise; when carried out adapted to local circumstances, and for various needs, the trade-offs are small; may have high opportunity costs Improved sustainable forest management+ If it provides income and wood products, then neutral to positive (high confidenc...
high
2
train
8,070
AR6_WGIII
2,012
12
Reduce food loss and food waste+ Reduced food loss will reduce prices, and may lead to less poverty (high confidence)+ Reduced food loss will reduce prices, and may lead to more food available (high confidence)+ Reduced food loss will reduce prices, and may lead to more food available (high confidence)+ Less use of wat...
medium
1
train
8,071
AR6_WGIII
2,013
1
Sustainable Development Goals SectorSectoral mitigation optionsSDG 1 End poverty SDG 2 Zero hungerSDG 3 Good health and wellbeingSDG 4 Quality education SDG 5 Gender equalitySDG 6 Clean water and sanitationSDG 7 Affordable and clean energy SDG 8 Decent work and economic growthSDG 9 Industry, innovation and infrastructu...
medium
1
train
8,072
AR6_WGIII
2,013
6
Electrifica- tion of the urban energy system(+) Can address energy poverty that is linked to poverty; eradicating poverty is supported by access to modern energy services for all (medium confidence)(+) Electrification can support welfare; electric stoves can support nutritional food intake (medium confidence) (–) Can h...
high
2
train
8,073
AR6_WGIII
2,014
1
Sustainable Development Goals SectorSectoral mitigation optionsSDG 1 End poverty SDG 2 Zero hungerSDG 3 Good health and wellbeingSDG 4 Quality education SDG 5 Gender equalitySDG 6 Clean water and sanitationSDG 7 Affordable and clean energy SDG 8 Decent work and economic growthSDG 9 Industry, innovation and infrastructu...
low
0
train
8,074
AR6_WGIII
2,014
2
Furthermore, smart controllers and wireless communications that are used for control- ling lighting, windows, HVAC equipment, water heaters, and other building equipment provide many other non-energy benefits such as improved security, access control, fire and other emergency detection and management, and on-time ident...
high
2
train
8,075
AR6_WGIII
2,014
5
Also, buildings with high energy efficiency and/or green features are sold/rented at higher prices than conventional, low-energy- efficient houses (high confidence)+ Result in reduced consumption of natural resources (medium confidence)+ Reduce emissions and increase resilience
high
2
train
8,076
AR6_WGIII
2,014
7
Economic impacts (synergies and trade-offs) are associated with reduced energy demand, resulting in lower energy prices, energy efficiency investments, fostering innovation, and improvements in labour productivity Efficient heating, ventilation and air con- ditioning (HVAC)+ Reduce poverty due to less energy expenditur...
high
2
train
8,077
AR6_WGIII
2,014
8
In this case, appropriate access policies should be designed to efficiently shield poor households from the burden of carbon taxation Economic impacts (synergies and trade-offs) are associated with reduced energy demand, resulting in lower energy prices, energy efficiency investments, fostering innovation, and improvem...
medium
1
train
8,078
AR6_WGIII
2,014
9
Also, improved cookstoves provide better food security (medium confidence)+ Improve health through better indoor air quality, fuel poverty alleviation, better ambient air quality, and reduction of the heat island effect (high confidence) + Reduce school absenteeism due to better indoor conditions, while fuel poverty al...
medium
1
train
8,079
AR6_WGIII
2,015
1
Sustainable Development Goals SectorSectoral mitigation optionsSDG 1 End poverty SDG 2 Zero hungerSDG 3 Good health and wellbeingSDG 4 Quality education SDG 5 Gender equalitySDG 6 Clean water and san- itationSDG 7 Affordable and clean energy SDG 8 Decent work and economic growthSDG 9 Industry, innovation and infrastruc...
medium
1
train
8,080
AR6_WGIII
2,015
2
Also, green surfaces and urban farming (vertical, basement or unused buildings) contribute to local and resilient food production (medium confidence)+ Improve health through better indoor air quality, fuel poverty alleviation, better ambient air quality, and reduction of the heat island effect
high
2
train
8,081
AR6_WGIII
2,015
3
Also, these measures result in water savings due to improved indoor conditions and lower space of dwellings (medium confidence)+ Result in fuel poverty alleviation and improving the security of energy supply (high confidence)± Result in direct and indirect macro- economic effects (GDP , employment, public budgets) asso...
medium
1
train
8,082
AR6_WGIII
2,015
4
Also, improved access to electric- ity is necessary to treat water in homes – Switch to bioenergy may increase water use compared to existing conditions (medium confidence)+ Result in energy poverty alleviation and improving the security of energy supply – Risks of reduced energy access, in cases where the distribution...
medium
1
train
8,083
AR6_WGIII
2,015
6
Some of the trade-offs are mainly related to the switch to bioenergy, which may restrict the available land for food production and increase water consumption Economic impacts (synergies and trade-offs) are associated with reduced demand for fossil fuels, resulting in lower energy prices, RES investments, fostering inn...
high
2
train
8,084
AR6_WGIII
2,016
1
Sustainable Development Goals SectorSectoral mitigation optionsSDG 1 End poverty SDG 2 Zero hungerSDG 3 Good health and wellbeingSDG 4 Quality education SDG 5 Gender equalitySDG 6 Clean water and sanitationSDG 7 Affordable and clean energy SDG 8 Decent work and economic growthSDG 9 Industry, innovation and infrastructu...
medium
1
train
8,085
AR6_WGIII
2,016
7
Strengthened institutional capacity that also supports the scale and coordination of the mitigation options can increase these synergies Electric light- duty vehicles (LDVs)± Land use for solar energy needs to be coordinated based on local circumstances, otherwise can have negative implica- tions on food security
medium
1
train
8,086
AR6_WGIII
2,016
8
BEVs could create jobs associated with the EV supply chain, and could create jobs to build and operate the associated infrastructure
low
0
test
8,087
AR6_WGIII
2,016
9
Large-scale electrification of LDVs requires expansion of low-carbon power systems, while charging or battery swapping infrastructure is needed for some segments (high confidence)± Significant equity issues with EVs in the transition period can be overcome with programmes, for example, by expanding public charging infr...
high
2
train
8,088
AR6_WGIII
2,016
10
The reason for the trade-off is competition between food and bioenergy crops (medium confidence)+ Access to healthcare; reduce air pollution/ inrease air quality (high confidence) + Affordable public transport can increase access to educational resources (high confidence)+ Affordable trans- port access for all (high co...
medium
1
train
8,089
AR6_WGIII
2,017
1
Sustainable Development Goals SectorSectoral mitigation optionsSDG 1 End poverty SDG 2 Zero hungerSDG 3 Good health and wellbeingSDG 4 Quality education SDG 5 Gender equalitySDG 6 Clean water and sanitationSDG 7 Affordable and clean energy SDG 8 Decent work and economic growthSDG 9 Industry, innovation and infrastructu...
high
2
train
8,090
AR6_WGIII
2,017
7
Strengthened institutional capacity that also supports the scale and coordination of the mitigation options can increase these synergiesShipping efficiency, logistics optimisation, new fuels+ Some alternative fuels can help increase the share of renewable energy in the global energy mix (medium confidence) + Can suppor...
medium
1
train
8,091
AR6_WGIII
2,017
8
The biofuels supply chain may nega- tively impact air quality (e.g., due to increased fertiliser use) (medium confidence)+ Can help increase the share of renew- able energy in the global energy mix (high confidence)+ Could create jobs associated with the supply chain of biofuels + Could create jobs to build and operate...
high
2
train
8,092
AR6_WGIII
2,018
1
Sustainable Development Goals SectorSectoral mitigation optionsSDG 1 End poverty SDG 2 Zero hungerSDG 3 Good health and wellbeingSDG 4 Quality education SDG 5 Gender equalitySDG 6 Clean water and sanitationSDG 7 Affordable and clean energy SDG 8 Decent work and economic growthSDG 9 Industry, innovation and infrastructu...
high
2
train
8,093
AR6_WGIII
2,058
21
For pathways that limit warming to 2°C (>67%) or lower, using GWP100 to inform cost-effective abatement choices between gases would achieve these long-term temperature goals at close to least global cost within a few percent
high
2
test