Climate finance Archives

UN carbon market fights for its future at Lima talks

NEWS: Clean Development Mechanism is “in crisis” after EU decision, says chair Hugh Sealy, but can be salvaged under a new carbon market architecture

NEWS: From a lawsuit in Boston to a “die-in” in London, campaigners are raising pressure on universities to drop fossil fuel ties

NEWS: Contribution brings Green Climate Fund total up to US$9.7 billion, ahead of UN climate conference in Lima

NEWS: OPEC president warns new oilfields could be unsustainable as prices fall to 4-year low, while activists target Exxon Mobil

NEWS: Experts say cross-border links can make emissions cuts cheaper, but socialist states want to block market mechanisms

NEWS: Beijing plans to launch national carbon market in 2016 to be mature by 2020, says official

COMMENT: Latest data shows climate funds dropped $28 billion in 2013, there are signs for hope, argues Barbara Buchner

NEWS: Harper government fulfils promise to help developing countries address climate impacts

NEWS: Ben van Beurden calls for gas and renewables to replace coal, argues Shell wants to be part of solution to climate challenge

NEWS: US, UK, France, Germany joined by Mongolia, Monaco and Panama among others as fund tops $9 billion

NEWS: UN climate chief hails contributions, saying it is one of the “wisest investments in the 21st century”

NEWS: London’s commitment more than France and Germany despite strong domestic opposition

NEWS: More funds expected as developing country leaders say UN deal requires strong financial package

INTERVIEW: Gambia’s Pa Ousman Jarju on why the cash needs to flow at the GCF’s Berlin meeting if there’s to be a UN climate deal

NEWS: Diocese of Oxford demands divestment, and promises to review its own investments in fossil fuels

NEWS: Hopes for global climate agreement rise as UN-backed bank nears $10 billion fund-raising target

NEWS: US and Japan offer $4.5 billion at G20 talks in Brisbane as efforts to secure fund’s future gather pace

ANALYSIS: The UN’s climate body is holding up World Cup 2014 as a model for other sporting events, but it failed to raise green investment

NEWS: The US is poised to pledge at least $2.5 billion to help poor countries tackle global warming, with Japan contributing $1-1.5bn

NEWS: New injection of cash welcomed by UN, but funding levels still well short of $10 billion target