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Climate finance

A street in Colombia's capital Bogota

Colombia gets $70m from new global renewable integration fund

Colombia will get the first pay-out of a $300m Climate Investment Funds pot for transmission lines, batteries, EV chargers and green hydrogen

Africa objects to US chairing UN climate fund, citing unpaid $2bn

Africa objects to US chairing UN climate fund, citing unpaid $2bn

The Green Climate Fund is making cutbacks to its project portfolio, while the US fails to deliver on a years-old funding pledge

Construction in Pakistan's Karachi in ongoin efforts to prevent floods

World Bank adaptation funds slept through Pakistan’s record flooding

A $100 million project was meant to protect Karachi slumdwellers from flooding, but instead made many homeless before work stalled

A storm-damaged road in Mozambique

World Bank moots stronger strategic focus on climate action

A draft document suggests the bank will broaden its “twin goals” of boosting prosperity and ending extreme poverty to encompass climate action

At the UN biodiversity negotiations, countries agreed to protect 30% of the world's land and oceans.

‘Kunming-Montreal’ deal sets up new fund for biodiversity by 2023

Countries committed to mobilise $200 billion “from all sources” to protect 30% of the world’s land and water ecosystems by 2030

The sweet life goes sour - Climate Weekly

The sweet life goes sour – Climate Weekly

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Cop15 delegates in Montreal clash over finance negotiations

After developing country walkout, ministers arrive to rescue nature talks

Tensions are running high at the Cop15 biodiversity summit over a finance gap estimated at $700 billion per year

Rich nations mobilise $15.5bn for Vietnam's coal-to-clean transition

Rich nations mobilise $15.5bn for Vietnam’s coal-to-clean transition

The deal will help Vietnam to peak its greenhouse gas emissions five years earlier than planned and scale up renewable energy generation

Which countries are 'particularly vulnerable' to climate change?

Which countries are ‘particularly vulnerable’ to climate change?

The European Union pushed to restrict loss and damage funds to “particularly vulnerable” nations, but the definition is still up for debate

'Don't fail us' - Climate Weekly

‘Don’t fail us’ – Climate Weekly

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Who should pay for loss and damage? Spoiler: not China

Who should pay for loss and damage? Spoiler: not China

While there is a case for South Korea, UAE and Israel to join the donor pool, whichever way you measure it the US should pay more

Scientists warn data gaps must not block loss and damage

Scientists warn data gaps must not block loss and damage

A shortage of weather stations across Africa shouldn’t stop climate victims accessing critical funds, scientists say

clean cookstove

Greenwash alert as Cop27 draft allows double claiming of carbon credits

Companies and countries could take credit for the same tonne of CO2 cut under rules being negotiated in Sharm el-Sheikh

Cop27 tees up speed dating for climate investment deals

Cop27 tees up speed dating for climate investment deals

Sharm el-Sheikh talks are expected to approve a series of matchmaking events between investors, governments and project developers

Republican gains quash hopes of US delivering on climate finance

Republican gains quash hopes of US delivering on climate finance

The results of the US midterm elections make it harder for president Joe Biden to meet his promise to developing countries

a woman in a red headscarf holds a water container in front of a makeshift shelter

EU opens the door to a loss and damage facility – if China pays

Frans Timmermans gave the strongest signal yet the EU is willing to consider a fund for climate victims – but no decision this year

wind turbines in a desert landscape

German, US cash aims to cut Egypt’s gas use and boost exports

Egypt has agreed to consider a net zero target and speed up renewable deployment with the multimillion dollar package

Colombia's environment minister, Susana Muhamad, at COP27 calling for unity in Latin America

Latin America closes ranks at Cop27 around climate finance

Debt and climate shocks, combined with political shifts, have united historically left- and rightwing countries behind common asks

Vulnerable nations publish climate spending wish-lists

Vulnerable nations publish climate spending wish-lists

Over 30 countries are putting together “prosperity plans” – but their priorities are not always the same as funders’

Pakistan queue for relief

Cop27 bulletin: Could polluter taxes fund loss and damage?

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