Finance
Developing nations put numbers on the table for the next climate finance goal
Nearly 100 developing countries have come together to define what success means at Cop26, raising the stakes for donor countries to step up their finance pledges
EU’s border tax gives countries 5 years to clean up industries or face penalties
Unpopular among the bloc’s trading partners, countries are seeking exemptions to the carbon levy, as Brussels hints alternatives to pricing may be considered to dodge the tax
G20 backs carbon pricing, ‘raising stakes’ among emerging economies
The EU’s threatened carbon tariff on imports has spurred trading partners like Indonesia and Turkey to consider making polluters pay at home
Argentina pitches green debt swap, with the Pope’s blessing
Pope Francis is the unlikely champion of a pioneering green debt relief plan for Argentina, but it is a politically sensitive issue in his home country
G20 ministers must scale up climate finance in solidarity with vulnerable countries
As environment ministers for Costa Rica and Grenada, we call on the G20 to give our countries a fair shot at a resilient Covid recovery
As Elsa heralds a busy hurricane season, Caribbean states count on resilience plans
After the devastating impacts of Hurricane Maria in 2017, Caribbean islands invested in measures to help communities bounce back from extreme weather
Row erupts at Green Climate Fund over who defines climate adaptation
Two adaptation projects didn’t make it pass the UN’s flagship fund’s technical panel, while board members decide to partner with a fossil fuel backing Japanese bank
‘Hot air’ carbon offset scheme undermines Colombia’s climate goal, experts warn
Colombia stands to lose $62m in carbon tax revenue and underperform its emissions targets due to flawed forest carbon credit projects, investigators claim
Norway pays Gabon $17m for forest protection despite deforestation spike
While proponents say results-based payments can support forest protection in the long term, critics say the Gabonese government has done little to earn the money
Climate fund considers India, South Africa to pilot $2bn coal transition scheme
Climate Investment Funds CEO Mafalda Duarte has been tasked with mobilising private capital to help wean developing countries off coal and create cleaner jobs
