Climate finance
Cop25: What was achieved and where to next?
After two weeks of talks, many issues remain unresolved. Here we break down the major fights and minor breakthroughs of the UN conference in Madrid
Australia and Brazil carbon credits will put 1.5C out of reach, 31 countries say
Group led by Costa Rica publishes ‘minimum’ standards for carbon markets that rule out double counting and use of Kyoto-era credits
Push for carbon loopholes sends climate talks into overtime
Australia, US and Brazil threatening ‘spirit’ of the Paris Agreement, says Costa Rican minister, as fractious talks could drag into the weekend
Carbon markets will not help stop climate change
Trading carbon is widely said to make emissions cuts cheaper. But for whom? And why is it dominating climate diplomacy in Madrid?
US seeking further block on compensation for climate damage
US proposal would also allow country to remain eligible to sit on governing committee of ‘loss and damage’ talks after it leaves Paris deal
The UN climate talks can tackle fossil fuels head-on: here’s how
The UN process has largely ignored the production of fossil fuels. That can, and must, change
Australia, Brazil and Saudi Arabia blocking climate talks, says Green MEP
Efforts to bring together different strands of the financing of climate action are being hampered at Cop25, says Bas Eickhout, while elsewhere steps forward are being made
Carbon offsets have patchy human rights record. Now UN talks erode safeguards
A new global carbon market could unleash finance for projects around the world. But protections for local communities were weakened in draft rules at Cop25
In depth: The EU’s plan to become the first climate-neutral continent
CHN’s media partner EURACTIV takes a look at the ‘king of policies’ that will define Europe’s future, just as the EU finally looks ready to adopt it
Loss and damage: Who pays for the impacts of the heated Earth?
The current system for accounting for loss and damage from climate change is contentious and up for review at UN talks in Madrid
In a climate emergency, there must be compensation for victims
With impacts spreading, declarations of climate emergency are worthless unless those making them help the afflicted
What is Article 6? The issue climate negotiators cannot agree
It has proven the hardest part of the Paris Agreement to create rules for, with warnings a weak decision could undermine the accord. Now it will dominate UN talks in Madrid
Angela Merkel criticises EIB decision to ban gas lending
The German chancellor made the comments after incoming EU Commission president Ursula Von der Leyen praised the bank’s progress on climate action
The world is awash with fossil fuels – it’s time to cut off supply
Australia is a major contributor to the world’s fossil fuel supply problem. It must set production targets aligned with global climate goals
Countries’ fossil fuel production plans inconsistent with Paris Agreement
A UN Environment report warns production of oil, gas and coal to 2030 is on track for warming way beyond 1.5C goal
Banking on the future – Climate Weekly
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European Investment Bank ends lending to fossil fuel projects
EU finance ministers agreed to phase out EIB lending to unabated oil and gas projects, overcoming opposition from some member states in marathon board meeting
GCF partners with Chilean private equity firm as unrest continues
Board members call for reform to accreditation process after civil society warns of due diligence shortfalls
IEA World Energy Outlook outlines 1.5C scenario
Observers warn the IEA’s projection is inconsistent with the world’s long-term sustainable development needs
How to make the Green Climate Fund a better force for change
Vastly more of the fund’s money should go to projects that adapt to the impacts of climate change