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Climate finance

Patricia Espinosa: Some rich nations felt demands on finance were 'too strong'

Patricia Espinosa: Some rich nations felt demands on finance were ‘too strong’

Outgoing UN climate change head says finance from rich to poorer nations is what makes the international action possible – and failure to deliver is stalling progress

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

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

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

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

'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

Haven of African elephants at risk, say park rangers decrying poor pay and conditions

Haven of African elephants at risk, say park rangers decrying poor pay and conditions

Forest guards in Gabon say their salaries are often paid several months late and are threatening to go on strike

EU lawmaker calls for carbon border tax revenues to boost climate finance

EU lawmaker calls for carbon border tax revenues to boost climate finance

Support to clean up industries in least developing countries is necessary for the propose levy to comply with WTO rules, Mohammed Chahim argues

What to watch in 2022: critical moments and issues for climate diplomacy

What to watch in 2022: critical moments and issues for climate diplomacy

An African Cop, landmark science reports and a long overdue biodiversity summit will shape the response to climate change this year

Brussels sets out new green aid rules, with ‘pragmatic exceptions’ for gas

Brussels sets out new green aid rules, with ‘pragmatic exceptions’ for gas

The new guidelines include a special clause for natural gas, allowing member states with the lowest GDP to transition from coal to gas

China 'trumps' the west by pledging larger share of IMF relief to African nations

China ‘trumps’ the west by pledging larger share of IMF relief to African nations

President Xi Jinping promised to share around a quarter of China’s pandemic recovery boost with Africa, more than European and American countries

African nations settled for 'moral pact' with US on adaptation finance at Cop26

African nations settled for ‘moral pact’ with US on adaptation finance at Cop26

With the US refusing to budge on the text of the Glasgow agreement, African nations reluctantly accepted a promise of stronger voluntary support

Mia Mottley: the 'fearless' leader pushing a global settlement for the climate frontlines

Mia Mottley: the ‘fearless’ leader pushing a global settlement for the climate frontlines

The first female prime minister of Barbados is elevating wonky discussions on the future of global finance to the highest political level

Climate reparations become a crunch issue as Cop26 goes into overtime

Climate reparations become a crunch issue as Cop26 goes into overtime

The US and EU have resisted calls for finance to the victims of climate disaster, but developing countries say it is a red line

Developing countries put a number on post-2025 climate finance ask: $1.3trn a year

Developing countries put a number on post-2025 climate finance ask: $1.3trn a year

African nations and a group of 24 “like-minded” countries that includes China and India accuse donor countries of ducking substantive talks on finance

Support for vulnerable nations could 'make or break' Cop26 talks

Support for vulnerable nations could ‘make or break’ Cop26 talks

As ministers arrive in Glasgow to broker a political deal, a lack of aid for those on the front lines of climate impacts is a sore point

South Africa $8.5bn finance package offers a model for ending reliance on coal

South Africa $8.5bn finance package offers a model for ending reliance on coal

The package was hailed as “groundbreaking” for being country-led and addressing a need to reskill and support coal miners

To close 1.5C gap, countries face call for another round of climate pledges by 2023

To close 1.5C gap, countries face call for another round of climate pledges by 2023

The Cop26 presidency is considering a proposal to strengthen ambition beyond the Glasgow summit, but it faces resistance from emerging economies

Donor countries set to reach $100bn climate finance target in 2023 - three years late

Donor countries set to reach $100bn climate finance target in 2023 – three years late

The UK presidency hopes a delivery plan for long-promised climate finance will start to restore trust ahead of Cop26, but experts warn late delivery means trouble

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