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Climate finance

Why Denmark and Bangladesh are urging support for victims of climate disaster

Why Denmark and Bangladesh are urging support for victims of climate disaster

Millions of people in vulnerable nations are experiencing losses and damages from climate impacts. To help them, we need to break the deadlock at UN climate talks

Philippines inquiry finds polluters liable for rights violations, urging litigation

Philippines inquiry finds polluters liable for rights violations, urging litigation

The national human rights commission found 47 “carbon majors” acted “immorally” and could be sued – giving fresh impetus to legal challenges

IMF's resilience fund 'out of reach' for some nations in need

IMF’s resilience fund ‘out of reach’ for some nations in need

The Resilience and Sustainability Trust aims to help countries prepare for climate shocks. Bangladesh, Zimbabwe and the Philippines are among those unlikely to qualify

Vulnerable nations set to pilot loss and damage funding facility

Vulnerable nations set to pilot loss and damage funding facility

Finance ministers from vulnerable nations have secured philanthropic funds to demonstrate how support for victims of the climate crisis could work

No red alert was issued ahead of deadly South African floods

No red alert was issued ahead of deadly South African floods

Experts say a communication breakdown, poor housing and inadequate infrastructure contributed to a death toll from extreme rainfall of 300 and rising

DR Congo audit exposes 'lawless' logging sector, implicating six former ministers

DR Congo audit exposes ‘lawless’ logging sector, implicating six former ministers

As Norway, UK and Germany commit millions to protect the Congo rainforest, a damning report shows governance in chaos

In doubling adaptation finance, 'champions' aim to avoid repeat of $100bn failure

In doubling adaptation finance, ‘champions’ aim to avoid repeat of $100bn failure

Officials from European and vulnerable countries are trying to make sure promised money reaches those in need, but a US shortfall looms large

South African bank held to net zero standard for GCF accreditation

South African bank held to net zero standard for GCF accreditation

Developing country board members objected that it was unfair to hold institutions in rich and poor countries to the same green standards

The world's poorest have the strongest resilience, yet their voices remain unheard

The world’s poorest have the strongest resilience, yet their voices remain unheard

Those on the frontline of the climate crisis have something to teach the world about climate resilience if they are given a meaningful seat at the table

After US fails to pay its debt, UN's flagship climate fund warns of austerity

After US fails to pay its debt, UN’s flagship climate fund warns of austerity

Without more money coming in, the Green Climate Fund’s head warned that the pipeline of carbon-cutting projects in developing countries would have to be cut

Australian carbon traders defend troubled offset market against whistleblower claims

Australian carbon traders defend troubled offset market against whistleblower claims

Policy upheaval and stark criticism of the quality of carbon offsets from a former official have thrown Australia’s ability to deliver on carbon targets into doubt

Climate finance should not be made to compete with aid to Ukraine

Climate finance should not be made to compete with aid to Ukraine

As governments redirect emergency aid to Ukraine, they need to find additional funds for climate finance and not pitch the two crises against each other

Carney, Kyte oversee carbon offset rules to address greenwashing concerns

Carney, Kyte oversee carbon offset rules to address greenwashing concerns

Two initiatives will release standards for the voluntary carbon market this year, while campaigners denounce offsetting as a “scam” that delays real climate action

'Betrayal': US approves just $1bn climate finance for developing countries in 2022

‘Betrayal’: US approves just $1bn climate finance for developing countries in 2022

The Biden Administration committed to deliver $11.4 billion a year in climate finance by 2024, but Congress approved a mere fraction of that

'Misleading' Polish billboards blame EU climate policy for electricity costs

‘Misleading’ Polish billboards blame EU climate policy for electricity costs

State-owned utilities are using rising energy costs to attack the EU emissions trading system, stoking tensions between Warsaw and Brussels

Germany must bring African nations into its G7 'climate club'

Germany must bring African nations into its G7 ‘climate club’

The new German government must prioritise the climate crisis in its Africa policy, and make climate diplomacy with Africa a core component of its G7 presidency

WWF-UK faces backlash over plan to sell NFTs to fund conservation work

WWF-UK faces backlash over plan to sell NFTs to fund conservation work

On Twitter, WWF donors threatened to cancel their subscriptions, accusing the nature charity of greenwashing Ethereum and Bitcoin

Crypto bubble: The hype machine behind a $70,000 carbon credit

Crypto bubble: The hype machine behind a $70,000 carbon credit

UK-based cryptocurrency venture Save Planet Earth has convinced investors it can make them rich and fix the climate, but its tree-planting vision is a long way from reality

Norway underpaid Indonesia for forest protection results, study argues

Norway underpaid Indonesia for forest protection results, study argues

British research sheds light on why Indonesia might have cut ties with donors, finding that funds were inadequate to compete with palm oil sales

Germany backs gas as "transition" fuel in EU green finance guidelines

Germany backs gas as “transition” fuel in EU green finance guidelines

In a letter, Berlin stressed its opposition to nuclear while calling on the European Commission to ease restrictions on gas in the transition to clean energy

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