Climate finance
Emerging economies share ‘grave concern’ over EU plans for a carbon border tax
Brazil, South Africa, India and China say EU plans for a carbon levy on imported products like steel and cement will unfairly penalise their economies
Climate vulnerability should be factored into debt relief, says IMF head
Kristalina Georgieva said the IMF was considering proposals to ensure climate vulnerable middle-income nations receive support to build back better from Covid-19
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UK pledges to make scaling up adaptation finance a priority at G7 summit
At a ministerial meeting of donor and developing countries, the UK said it would aim to secure additional financial support for vulnerable nations by June
Under fire over aid cuts, UK hosts summit to help vulnerable nations fund climate action
Research to enhance climate action in developing countries is being threatened with aid cuts at a time when the UK is seeking ‘practical steps’ to boost climate investment
Rare IMF relief offers a hope of green recovery to debt-laden nations
As the IMF prepares a $650 billion injection of funds into the global economy, there are calls to target support to climate vulnerable nations
UK rules out public subsidy for East African oil pipeline
UK Export Finance will no longer back oil and gas projects overseas, shutting off a potential source of support for a major pipeline across Uganda and Tanzania
Carbon markets are proving resilient to the coronavirus pandemic
In contrast with the aftermath of the 2008 financial crash, carbon prices have not taken a big hit from Covid-19, reflecting improvements in market design
Slash and burn: how the UK government is cutting aid while propping up fossil fuels
There’s a huge shameful loophole in the Cop26 host’s pledge to stop funding fossil fuels abroad. It must be fixed before other nations copy it
Scientists push to add “huge” fish trawling emissions to national inventories
Bottom-trawling for fish releases more carbon dioxide each year than Germany, a study has revealed, yet this is not included in national carbon accounts
Green Climate Fund whistleblowers urge US to take its money elsewhere – until ‘toxic’ workplace is fixed
As John Kerry promises to “make good” on a $2 billion pledge to the GCF, the UN’s flagship fund faces critically low confidence in its senior management
EU lawmakers threaten to veto green finance rules – for opposing reasons
A draft EU sustainable finance taxonomy is under fire for being too strict and not strict enough, with gas and nuclear at the heart of the controversy
South Sudan plans to raise climate ambition amid ‘dire’ humanitarian crisis
The world’s newest country is seeking to expand renewable energy, tree planting and climate smart agriculture, but UK aid cuts threaten progress
Concerns raised about Green Climate Fund flood defence project in Samoa
Flood walls in Samoa financed by the UN’s flagship climate fund are inadequate and could put people in danger, experts warn
DR Congo campaigners take minister to court over illegal logging rights claims
Environment minister Claude Nyamugabo is accused of violating a moratorium on logging in the Congo rainforest, by awarding concessions the size of Wales
Angola’s oil dependency thwarts its exit from the group of poorest nations
Graduation from the UN group of least developed countries is usually seen as a win, but Angola deferred the move after oil exports plummeted during the pandemic
Three ways the EU, China and US should deepen cooperation on climate in 2021
Building coalitions on green finance and carbon pricing and putting climate at the heart of diplomacy will allow the big three emitters to deliver on net zero goals
US campaigners call on Joe Biden to commit $8bn to the Green Climate Fund
A letter signed by 46 climate and green groups urges the White House to fulfill its $2bn outstanding pledge to the UN-backed fund and double its initial contribution
Cop26 dream team: The people setting the climate agenda on seven key issues
From Denmark’s Dan Jørgensen to Malawi’s Nancy Tembo, here are the leaders to watch ahead of UN climate talks in Glasgow, UK
Covid-19 normalised social protection. Now apply it to the climate crisis
Almost every country rolled out measures such as cash transfers, food and sick pay to cope with coronavirus. Victims of climate shocks need the same support