The goal of the World Resources Institute’s Sustainable Cities Program in China is to ensure that cities drive economic opportunity, while mitigating pollution, sustaining natural resources, and improving quality of life. China is the largest carbon emitter in the world, and transport emissions are a significant part given the rapid urban and vehicle growth in cities. By 2030, transport will be 33 percent of China’s total carbon emissions. With this grant, the Institute will support the implementation of Low Emissions Zone and Congestion Charging mechanisms in Beijing, and set up a model for replication in more Chinese cities. The instruments will contribute to solve three problems: air pollution, carbon emission, and traffic congestion.
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Grants to this Grantee
for expanding electric mobility in India
The World Resources Institute’s Sustainable Urban Mobility program in India has focused on city-based solutions to clean and accessible transportation. The Institute has also served as the secretariat for the newly launched Go Electric forum, which convenes career government staff, civil society, transport service providers, infrastructure providers, and manufacturers to discuss topics with the goal of developing agreements and solutions to meet India’s aggressive electric mobility goals.
for the SBTi-Finance project
This scope of work is to further grow the Science Based Targets Initiative, specifically for financial institutions (SBTi Finance). SBTi Finance builds on attributional accounting based on the Greenhouse Gas Protocol’s Corporate Value Chain (Scope 3) Standard. SBTi Finance is a framework for financial institutions to set targets that are aligned with climate scenarios, and that enable an ex-post evaluation of financial institutions’ contribution to real-economy emissions reductions in relation to the Paris Agreement’s mitigation goal. The framework includes a set of methods that can be used to set targets, criteria that SBTi will use to assess and validate targets submitted to the initiative, and implementation guidance.
for electricity market design for deep decarbonization
Rapid decarbonization of electricity generation is essential to fighting climate change. Organized wholesale markets account for roughly two-thirds of U.S. generation. These markets are "designed" by policymakers, and current designs are not compatible with deep decarbonization. The project will work with academics and practitioners to develop new models for electricity markets around deep decarbonization and variable renewable energy.