“Forgotten” fragile states unite to end climate-finance blind spot
Conflict-affected countries are urging Brazil to put funding to help them build resilience to climate change front and centre at COP30, as needs grow
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Trump’s aid cuts make Malawians more vulnerable to climate change
The US government has ended support for a scheme that taught villagers how to produce honey, mangoes and cleaner cookstoves
It’s time for shipping to launch first global tax on a polluting sector
Decarbonising the seas is a strategic imperative for a sustainable trade system that can also generate climate finance for vulnerable countries
Zimbabwe plans to expand coal use to address drought-induced blackouts
The Southern African nation faces severe power shortages but lacks the funding to shift to cleaner energy sources, campaigners say
UK aid budget cuts threaten climate finance pledge to vulnerable nations, experts warn
The UK is the latest wealthy nation to announce cuts to its overseas aid budget after agreeing to step up climate finance to developing countries at COP29
After US retreat, countries clash over who should make up Green Climate Fund shortfall
At this week’s board meeting, Germany and Sweden encouraged wealthier developing nations to step up – an idea rejected by Saudi Arabia
The world’s biggest climate finance coalition is in crisis. Is it worth saving?
After big North American banks exited the net zero alliance, remaining members weigh up future options amid lacklustre real-world impact
Can climate funders overcome fear to tread in conflict zones?
At COP29, fragile climate-vulnerable countries launched a network aimed at securing the climate finance they say has been slow to come as their needs surge
As climate-vulnerable countries, we know what kind of finance we need
COP29 negotiators must agree a new climate finance goal that genuinely works for debt-strapped developing nations
COP29 Bulletin Day 8: G20 backs new climate finance goal but ignores fossil fuels
G20 leaders “commit to successful negotiations in Baku”, including on climate finance, but promise little else to unblock fraught talks
Gender equality cannot be last on the agenda at COP29 climate talks
Climate action initiatives will only achieve their potential if women get more decision-making power and access to finance
Why the international community should back Colombia’s post-fossil fuel plan
At COP29 talks in Baku, rewarding Colombia’s leadership would build confidence in the transition to a greener, fairer world
COP29 host Azerbaijan shelves fossil-fuelled climate fund
Baku postponed the planned launch of a voluntary fund with contributions from fossil fuel producers after getting “tangled up” with official UN negotiations
With increased climate finance, Africa can lead the green industrial revolution
Africa could see the creation of millions of green jobs, along expanded and resilient global value chains – but for this to happen, it needs more international support
Frontline countries must not be stuck with the climate bill at COP29
Someone will have to pay for the rising costs of the climate crisis – will it be those causing the damage, or those that suffer it?
From cyclone to drought, Zimbabwe’s climate victims struggle to adapt
Five years after Cyclone Idai devastated eastern Zimbabwe, relocated communities face a new threat – water shortages – with authorities saying they lack money to build a dam
Biodiversity market takes off at COP16, in shadow of carbon credit chaos
Several new guidelines for biodiversity credits were launched at COP16 in Cali, Colombia, where activists warned on risks to nature conservation efforts
G20 waters down experts’ climate finance report, despite UN pressure to act
A report by top economists on finance for climate action was weakened after feedback from G20 nations, even as the UN says they must all slash emissions
At COP16, countries clash over future of global fund for nature protection
Some biodiverse developing nations want to replace it with a new fund that would give them a bigger say in how it’s run and easier access to its resources
European Central Bank holds back plan to boost climate finance for Africa, Latam
The African and Inter-American Development Banks want assets channelled through them so they can get more from the money
Parametric triggers: How small islands can escape the climate-poverty trap
The loss and damage fund should use parametric triggers to pay out when climate disaster strikes small island developing states
The Global South is surging ahead in the renewables revolution
Many developing countries are rich in renewable resources and growing them fast – with more investment, they can tip the balance towards green industrialisation
To capture renewable energy gains, Africa must invest in battery storage
With rich raw materials and rising interest in manufacturing capacity, the continent can become a global leader in the battery storage value chain – but it needs international capital
How the world can set itself up for success at COP29
A new climate finance goal is the top priority for the Baku summit – and there are signs of convergence on critical issues
Progress on structure for new global climate finance goal but trickier divides persist
Negotiators cite “convergence” on the shape of the post-2025 finance goal but gaps remain on contributors and amounts
Japan backs fossil fuels in Southeast Asian “zero emission” initiative
Japan’s Asia Zero Emission Community (AZEC) supported 56 projects using fossil fuel technologies in Southeast Asia — including LNG and carbon capture
Colombia adds nature to the mix with its $40-billion energy transition plan
The investment plan mirrors the model of Just Energy Transition Partnerships (JETPs) – and includes $8.5 billion to conserve and restore nature
Amazon state that will host COP30 strikes “largest carbon credit sale in history”
A coalition of governments and multinational corporations promises to pay Pará state $180m to save its rainforest
UN climate chief warns of “two-speed” global energy transition
Simon Stiell tells investors in NYC that rich countries are benefiting most from clean energy growth while poorer nations are deprived of finance for cheaper renewables
Senegalese banker Ibrahima Cheikh Diong picked to lead new loss and damage fund
Diong has experience in development banking, government and insurance against climate disasters in Africa
Biodiversity finance grew ahead of COP16 but came mostly as loans, says OECD
Funding for efforts to protect and restore nature increased to $15.4 billion in 2022 – mostly driven by concessional loans from multilateral banks