In an exclusive interview, André Corrêa do Lago says negotiators can work out rules or a timeline for the energy transition, but it’s up to countries to act on what they agreed
If it lets wealthy countries off the hook, the “Baku-to-Belém” roadmap risks entrenching climate injustice and increasing debt burdens in the Global South
By removing words like “ESG” and “sustainable” from their titles, funds can keep investing in fossil fuels despite the Europe’s new anti-greenwash rules
Campaigners want the president-elect of the African Development Bank to shift away from all fossil fuels, but its energy policy signals more support for gas
The US administration has pulled clean energy and just transition funding in South Africa and is pressuring EXIM and the World Bank to back fossil fuels
Many Global South countries spend five times more on repaying debt than tackling climate change – governments meeting in Seville next month can stop this downward spiral
Least-developed countries and island nations are struggling with crippling debt levels made worse by global currency fluctuations and climate disasters hitting their economies
If successfully implemented, the sovereign-backed investment fund – championed by Brazil – could generate far more money for tropical forests than traditional donor models