Climate finance Archives

Vietnam charts uncertain coal path as finance falls short

Vietnam’s just energy transition partnership plan has no timeline for retiring coal, as backers offer mainly commercial loans, not grants

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.

Since President Widodo launched Indonesia’s exchange two months ago, there’s been barely any trading of carbon credits

Data shows countries provided $89.6bn in 2021, but funding for adaptation declined.

The taskforce, set to be launched at Cop28, will consider the feasibility of levies on shipping, aviation, financial transactions and fossil fuels.

After the UK cut short a £52m climate adaptation scheme in Malawi, vulnerable communities saw their livelihoods destroyed by Cyclone Freddy

Developing countries made key concession to land a draft deal on funding for climate victims, subject to political signoff at Cop28

Export credit agencies are still backing oil and gas projects – this week’s OECD meeting is a chance to change that

Climate Home analysed how highly-publicised commitments are faring two years on from their announcement

At the Global Partnership for Education, we paid a high price to be hosted by the World Bank. A loss and damage fund should be independent

The G7 has offered to mobilise $15.5 billion to get Vietnam from coal to clean energy but just 2% of this is grants

China opposed six Green Climate Fund projects because the proposals flagged the risk of forced labour in the manufacturing of solar panels.

The EU once led the world in combatting flawed forest offset schemes. Now it’s looking to give them a new lease of life.

Developing countries are outraged by a proposal to host a climate loss and damage fund at the World Bank, painting it as a US power grab

Clean energy is a priority as China promises $100 billion of development funding – but don’t call it climate finance

While technical tweaks should make the World Bank’s capital go further, their impact depends on shareholders injecting fresh funds

Major oil and gas producers hit back at World Bank reforms that aim to channel more money into clean energy

The World Bank says it will try to get governments to stop spending public money making fossil fuels artificially cheap

The UN’s flagship climate finance initiative can barely sustain its existing portfolio after a lackluster fundraising conference on Thursday