UN rules governing bilateral carbon offsetting between governments have yet to be agreed but deals are being done, raising concerns about integrity
Farmers need crop irrigation to help beat drought – but it’s unclear if that would qualify for new loss and damage funding
In its first such move, the Green Climate Fund has pulled out of a project after developers failed to address environmental and social compliance issues
Fossil fuel companies that built gas power plants more than a decade ago are hoping for rewards from a new carbon credit market
Britain has changed how it calculates its international climate aid, boosting its progress towards a 2026 goal without giving vulnerable countries more money
A new wave of climate litigation is targeting state institutions that are still providing public finance for fossil fuels, despite pledges to turn off the funding tap
Developed and developing countries are gearing up for heated discussions over the size of the goal and who should provide money for it
Without proper interventions anchored on the latest and best available science, even more people would be vulnerable to disastrous impacts of tremendous economic and non-economic costs.
‘Blended finance’ took centre stage at Cop28, with the Green Climate Fund among its supporters. But there are still major problems with the concept that must be addressed before considering any further expansion.
Ex-Im’s financing would boost fossil fuel production in the Gulf state with the construction of over 450 new oil and gas wells
The oil and gas giant offset part of its emissions with over a million credits from Chinese projects suspended because of integrity concerns
Their failure to agree risks delaying help for victims of climate disasters in developing countries
Rich nations always say they need their parliaments approval for climate finance at Cops – now is the time to start
Renewable energy schemes make up four-fifths of Kyoto-era projects hoping to keep selling offsets under Article 6, sparking concerns over the credibility of the new market.
Setting finance goals without the revenues and systems to deliver on them is a recipe for disappointment – this year it must be different.
The minister Jean-Pierre Bemba bribed witnesses in his war crimes trial and holds power over the environment minister Eve Bazaiba
As Switzerland buys the first ever bilateral offsets, civil society’s analysis suggests the claimed emissions reductions from Thai buses would have happened anyway
The US election and negotiations on a new global finance target are the most important things for the climate in 2024
Fossil fuel fights, finance struggles, a resurgent relationship, and much more. We recap the most impactful international climate developments in 2023.
The US and EU couldn’t agree on common rules for bilateral carbon trades in Dubai, leaving a vacuum for voluntary certifiers