As Trump upends aid and markets, who will pay for green development in Global South?
Ahead of key donor meetings, experts say a combination of debt relief, private investment and innovative sources of finance could help fill the gap
Finance
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Loss and damage fund to hand out $250 million in initial phase
The fund’s board has agreed a plan for the start-up phase of the UN mechanism to help developing nations tackle the consequences of climate disasters
Climate non-profits anticipate fight with Trump over tax status
US-based climate change campaign groups fear that President Donald Trump will try to use the US tax authority to damage them financially
New global fund for forests is a bold experiment in conservation finance
If successfully implemented, the sovereign-backed investment fund – championed by Brazil – could generate far more money for tropical forests than traditional donor models
Loss and damage fund proposes helping governments first, local communities later
Campaigners have welcomed the proposed priorities for the loss and damage fund but say grants for communities should not be deferred
Finance for renewable energy in sub-Saharan Africa is defying the odds
Most countries in the region finally have operating wind or solar projects, despite huge political and economic challenges – perseverance is needed
African banks back oil export pipeline despite climate commitments
Lenders including Afreximbank are backing Uganda’s EACOP project, while publicly talking up their support for a just energy transition.
Day 10 – Breaking news from COP17
Breaking news, tweets, interviews, webcasts and gossip from the COP17 climate talks in Durban.
EU says US “ping-pong” blame game with China must stop
EU calls US “arrogant and ignorant” for interfering in Emissions Trading Scheme and says deal must be agreed.
COMMENT: The tug-of-war over the private sector – time to stop?
Hannah Ryder, senior economist with the UK’s Department for International Development and former climate change negotiator tells RTCC why delegates in Durban need to focus on what the Green Climate Fund will do with its money, as well as how it sources those funds.
Day 9 – Breaking news from COP17
Breaking news, tweets, interviews, webcasts and gossip from the COP17 climate talks in Durban.
Day 8 – Breaking news from COP17
Breaking news, tweets, interviews, webcasts and gossip from the COP17 climate talks in Durban.
Day 7 – Breaking News from COP17
Breaking news, tweets, interviews, webcasts and gossip from the COP17 climate talks in Durban.
COP17: RTCC’s 60-second review of week one
RTCC and Climate Change TV reporter Daniel Schweimler takes a brief look back at what made the headlines on week one of COP17.
VIDEO: US stands firm on rejection of legally binding agreement without China/India
America will not commit without developing economies but expresses confidence in Green Climate Fund deal.
Day 6 – Breaking news from COP17
Breaking news, tweets, interviews, webcasts and gossip from the COP17 climate talks in Durban.
Bank of America: ‘No limit’ to scale of private sector finance
As Green Climate Fund talks continue, private sector urges swift action to mobilise resources.
Day 5 – Breaking news from COP17
Breaking news, tweets, interviews, webcasts and gossip from the COP17 climate talks in Durban.
VIDEO: EU “pleasantly surprised” with China’s climate action
EU Bloc’s chief negotiator wants other developing nations to follow Beijing’s example.
Green Climate Fund is “a matter of survival” for millions
As negotiations stutter in Durban RTCC looks at what the GCF means to those needing its help and explores the role of private sector finance in its future development.
Rich countries can afford to raise the funding they have promised, say leading NGOs
Speaking at their daily briefing, members from ActionAid, WWF and Oxfam joined together to call for the Green Climate Fund to materialise following yesterday’s set-backs.
Carbon focus: Innovative methods to cut emissions
While negotiations in the main Conference Centre in Durban remain deadlocked, there is plenty of innovation on display in the main conference centre.
Day 4 – Breaking news from COP17
Breaking news, tweets, interviews, webcasts and gossip from the COP17 climate talks in Durban.
Japan and US block Green Climate Fund progress
Disagreements over use of money from big business and so-called Robin Hood taxes blot positive session.
Pachauri: Worrying lack of urgency at COP17
The world’s chief climate scientist has told RTCC that he is worried about the lack of any urgency among delegates at COP17.
Day 3: Breaking news from COP17
All the breaking news from Durban as the climate change talks start to build momentum.
Qatar announced as host of COP18
From the football to the climate change World Cup, Gulf state will become first OPEC nation to host the negotiations as it continues to raise its international profile.
Day 2: Breaking News from COP17
Follow all the front line news and back stage gossip from Durban through the RTCC team’s Twitter pages.
UN climate change talks officially opened
South African minister sworn in to preside over talks as dignitaries plead for bold climate change solutions from negotiators.
Day 1: Breaking News from COP17
Keep up to date with all the breaking news from COP17 in Durban via the RTCC team’s Twitter pages…
COP17: Why should we bother?
The annual COP climate talks are an easy target for critics, but RTCC’s Ed King argues they still provide the best platform for global agreement on climate change.