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 UN’s flagship climate finance initiative can barely sustain its existing portfolio after a lackluster fundraising conference on Thursday
The UN’s flagship global climate fund looks likely to have to rein in its ambition, after France announced just a 4% boost in its contribution.
The Green Climate Fund suspended a $117 million forest conservation project in Nicaragua over escalating violence against indigenous people.
Developed countries pushed for more focus on private money while developing governments wanted more public money from rich nations
The pledge sets the bar for other wealthy countries and puts the fund on track for what it calls a “mid” level of ambition
The UN’s flagship climate fund is struggling to clearly manage risks in its projects, an independent review has found, making it wary of taking on high-impact projects in developing countries
Indigenous people in Nicaragua have accused a Green Climate Fund project of exacerbating violence with settlers invading their land
The CEO of the Climate Investment Funds has been picked to head the Green Climate Fund as its board faces its first complaint case
The oil and gas giant offset part of its emissions with over a million credits from Chinese projects suspended because of integrity concerns
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.
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
The US and EU couldn’t agree on common rules for bilateral carbon trades in Dubai, leaving a vacuum for voluntary certifiers
As carbon credits face intense scrutiny, negotiators will wrangle over how to ensure the integrity of a new global carbon market
Samuele Landi has been convicted for bankruptcy fraud in Italy. That was no problem for the UAE firm doing forest carbon credit deals across Africa.
Strong action on climate change would shrink demand for vessels by a third, impacting investment decisions being made now, analysts say
The French president gathered the world’s biggest investors this week to push them to back climate-friendly projects
Ratings agencies say the state’s bid to go 100% renewable poses a ‘significant threat’ to gas generators’ credit stability
Shareholders are taking the Commonwealth Bank to court, alleging that it is misleading investors about its financial position
Report by Climate Action Tracker warns that overly bullish gas demand forecasts will lead to stranded assets or an unsafe future climate
Shareholders in world’s largest private oil company won a victory that signals deep unease about climate change amongst major investors
Major investors BlackRock and Vanguard could tip the balance and force oil firm to publicly divulge risk clean technology and regulations pose to its business
PM Theresa May has offered to help wean Saudi Arabia off oil, but her government’s subsidies to North Sea producers are a poor model for the Middle East petrostate
Rich nations always say they need their parliaments approval for climate finance at Cops – now is the time to start
Fossil fuel fights, finance struggles, a resurgent relationship, and much more. We recap the most impactful international climate developments in 2023.
A joint statement forming the basis of Africa’s negotiating position for Cop28 is silent on the role of oil and gas
Draft guidelines for its export credit agency signal support for some gas projects until 2025 – three years after the deadline set by the Glasgow pledge
The UK promised to deliver £11.6 billion in international climate finance by 2026. But a leaked memo suggests the target is being dropped.
While drawing up their renewables deal with wealthy countries, Senegalese government, civil society, business and researchers had their say
Ten multilateral development banks have agreed on how to make sure their investments meet climate goals. But experts told Climate Home the rules do not go far enough.
Public money should stop flowing towards the expansion of animal agriculture, which is responsible for a fifth of the world’s emissions
The International Finance Corporation is closing a loophole that allowed its financial clients to continue funding new coal projects
Climate Investment Funds CEO Mafalda Duarte has been tasked with mobilising private capital to help wean developing countries off coal and create cleaner jobs
CIMB has been hailed as the first major bank in an emerging market to publish a coal exit strategy, after investing $2.6 billion in the sector last decade
Incentives for long-term sustainability, an end to fossil fuel subsidies, more telework are all needed to make the global economy resilient to shocks like Covid-19
Climate Analytics research group calls on Seoul to phase out existing coal-fired power plants, stop new construction and halt funds for coal projects in other Asian nations
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Trump, Thunberg set out radically different visions for the economy and climate in the 21st century
International negotiations have always focused on carbon emissions, not the coal, oil and gas that create them. That’s changing
The Japan Bank for International Cooperation approved a loan to the controversial Vung Ang 2 coal project from a facility intended for “environmental preservation”
Nominee to lead the bank told MEPs it could adopt new measures to prefer green investments if she is confirmed
Christiana Figueres is urging public authorities and corporates to scale up climate-friendly infrastructure investment by 2020, under the “green bond pledge”
Money raised by the Power Finance Corporation will support solar and wind projects, contributing to national renewables target of 175GW capacity by 2022
Prime minister Frank Bainimarama says money raised with help from the World Bank sets an example for innovative green finance to protect the vulnerable
Beijing’s sustainable finance push is bearing fruit, with a world-leading $36.9bn worth of green bonds issued last year
Donald Trump’s US election win may damage the Paris climate deal, but climate risk reporting rules for businesses could radically change the investment landscape
Investors are sceptical about Warsaw bid to finance renewables, given its coal-heavy energy policy