Brazil, South Africa, India and China say EU plans for a carbon levy on imported products like steel and cement will unfairly penalise their economies
Kristalina Georgieva said the IMF was considering proposals to ensure climate vulnerable middle-income nations receive support to build back better from Covid-19
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At a ministerial meeting of donor and developing countries, the UK said it would aim to secure additional financial support for vulnerable nations by June
Research to enhance climate action in developing countries is being threatened with aid cuts at a time when the UK is seeking ‘practical steps’ to boost climate investment
As the IMF prepares a $650 billion injection of funds into the global economy, there are calls to target support to climate vulnerable nations
UK Export Finance will no longer back oil and gas projects overseas, shutting off a potential source of support for a major pipeline across Uganda and Tanzania
In contrast with the aftermath of the 2008 financial crash, carbon prices have not taken a big hit from Covid-19, reflecting improvements in market design
There’s a huge shameful loophole in the Cop26 host’s pledge to stop funding fossil fuels abroad. It must be fixed before other nations copy it
Bottom-trawling for fish releases more carbon dioxide each year than Germany, a study has revealed, yet this is not included in national carbon accounts
As John Kerry promises to “make good” on a $2 billion pledge to the GCF, the UN’s flagship fund faces critically low confidence in its senior management
Flood walls in Samoa financed by the UN’s flagship climate fund are inadequate and could put people in danger, experts warn
A letter signed by 46 climate and green groups urges the White House to fulfill its $2bn outstanding pledge to the UN-backed fund and double its initial contribution
Campaigners accuse the Green Climate Fund of letting governments game the UN’s Redd+ forest protection scheme, as Indonesia is awarded $103 million
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The GCF’s board meeting was held in Switzerland after some members objected to hold the session online, one delegate said
Candidates pledged to boost climate finance for developing nations and break US dependence on fossil fuels
Vastly more of the fund’s money should go to projects that adapt to the impacts of climate change
Environment minister Claude Nyamugabo is accused of violating a moratorium on logging in the Congo rainforest, by awarding concessions the size of Wales
As the UN special envoy for climate action and finance unveils plans to scale up the voluntary carbon market, campaigners warn big gaps remain on quality standards
China’s national emissions trading scheme could become a significant lever for climate action, but experts warn that it will do little to curb emissions in the short term
Countries are under mounting pressure to resolve carbon trading rules at Cop26, as the future of the Clean Development Mechanism hangs in the balance
Brazil is seeking to join the net zero club, but campaigners denounced its pledge as meaningless while deforestation rises under President Bolsonaro
With more and more businesses setting net zero emissions targets, the voluntary carbon market needs stronger quality control to scale up, says UN special envoy
In an agreement that took two years to negotiate, Peru will get finance for sustainable development projects while Switzerland takes credit for the emissions cuts
The executive board is considering an extension of the Clean Development Mechanism beyond 2020, under industry pressure but with no political mandate
Strong action on climate change would shrink demand for vessels by a third, impacting investment decisions being made now, analysts say
The French president gathered the world’s biggest investors this week to push them to back climate-friendly projects
Ratings agencies say the state’s bid to go 100% renewable poses a ‘significant threat’ to gas generators’ credit stability
Shareholders are taking the Commonwealth Bank to court, alleging that it is misleading investors about its financial position
Report by Climate Action Tracker warns that overly bullish gas demand forecasts will lead to stranded assets or an unsafe future climate
Shareholders in world’s largest private oil company won a victory that signals deep unease about climate change amongst major investors
Major investors BlackRock and Vanguard could tip the balance and force oil firm to publicly divulge risk clean technology and regulations pose to its business
PM Theresa May has offered to help wean Saudi Arabia off oil, but her government’s subsidies to North Sea producers are a poor model for the Middle East petrostate
The world’s newest country is seeking to expand renewable energy, tree planting and climate smart agriculture, but UK aid cuts threaten progress
Graduation from the UN group of least developed countries is usually seen as a win, but Angola deferred the move after oil exports plummeted during the pandemic
Building coalitions on green finance and carbon pricing and putting climate at the heart of diplomacy will allow the big three emitters to deliver on net zero goals
Almost every country rolled out measures such as cash transfers, food and sick pay to cope with coronavirus. Victims of climate shocks need the same support
Presidential climate envoy John Kerry said the US would work to protect the vulnerable and make amends for a four-year absence from international climate action
The presidency of next year’s Cop26 climate talks will bring vulnerable countries and donors together to address climate and development challenges
As developing countries prepare to negotiate a scaling up of climate finance at next year’s Cop26, the UK host faces criticism for reneging on its aid commitment
The EU investment arm’s climate roadmap ends lending to airport expansions but does not require all the bank’s intermediaries to have decarbonisation plans
CIMB has been hailed as the first major bank in an emerging market to publish a coal exit strategy, after investing $2.6 billion in the sector last decade
Incentives for long-term sustainability, an end to fossil fuel subsidies, more telework are all needed to make the global economy resilient to shocks like Covid-19
Climate Analytics research group calls on Seoul to phase out existing coal-fired power plants, stop new construction and halt funds for coal projects in other Asian nations
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Trump, Thunberg set out radically different visions for the economy and climate in the 21st century
International negotiations have always focused on carbon emissions, not the coal, oil and gas that create them. That’s changing
Nominee to lead the bank told MEPs it could adopt new measures to prefer green investments if she is confirmed
The world’s largest development bank proposed a pivot to clean energy, in a draft plan for consideration by EU finance ministers in September
The Japan Bank for International Cooperation approved a loan to the controversial Vung Ang 2 coal project from a facility intended for “environmental preservation”
Christiana Figueres is urging public authorities and corporates to scale up climate-friendly infrastructure investment by 2020, under the “green bond pledge”
Money raised by the Power Finance Corporation will support solar and wind projects, contributing to national renewables target of 175GW capacity by 2022
Prime minister Frank Bainimarama says money raised with help from the World Bank sets an example for innovative green finance to protect the vulnerable
Beijing’s sustainable finance push is bearing fruit, with a world-leading $36.9bn worth of green bonds issued last year
Donald Trump’s US election win may damage the Paris climate deal, but climate risk reporting rules for businesses could radically change the investment landscape
Investors are sceptical about Warsaw bid to finance renewables, given its coal-heavy energy policy
London’s expertise places it in pole position to channel private finance to China, as superpower seeks to invest around $4 trillion a year in infratsructure