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The bank is under pressure to free up more money to tackle climate change but one expert said this measure does not go far enough
Last year, the World Bank’s president David Malpass refused to accept the scientific consensus on global warming, leading to calls for the US government to push him out
With Jair Bolsonaro out of power, one obstacle to US funding for Amazon rainforest protection has gone – but Republicans in Congress could still block funding.
Fewer than half the seats on a loss and damage transitional committee have been filled, holding up work to channel funds to climate victims
Colombia will get the first pay-out of a $300m Climate Investment Funds pot for transmission lines, batteries, EV chargers and green hydrogen
The Green Climate Fund is making cutbacks to its project portfolio, while the US fails to deliver on a years-old funding pledge
A $100 million project was meant to protect Karachi slumdwellers from flooding, but instead made many homeless before work stalled
A draft document suggests the bank will broaden its “twin goals” of boosting prosperity and ending extreme poverty to encompass climate action
Countries committed to mobilise $200 billion “from all sources” to protect 30% of the world’s land and water ecosystems by 2030
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Tensions are running high at the Cop15 biodiversity summit over a finance gap estimated at $700 billion per year
The deal will help Vietnam to peak its greenhouse gas emissions five years earlier than planned and scale up renewable energy generation
The European Union pushed to restrict loss and damage funds to “particularly vulnerable” nations, but the definition is still up for debate
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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
A shortage of weather stations across Africa shouldn’t stop climate victims accessing critical funds, scientists say
Companies and countries could take credit for the same tonne of CO2 cut under rules being negotiated in Sharm el-Sheikh
Sharm el-Sheikh talks are expected to approve a series of matchmaking events between investors, governments and project developers
The results of the US midterm elections make it harder for president Joe Biden to meet his promise to developing countries