Finance
Emerging economies share ‘grave concern’ over EU plans for a carbon border tax
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
Climate vulnerability should be factored into debt relief, says IMF head
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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UK pledges to make scaling up adaptation finance a priority at G7 summit
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
Under fire over aid cuts, UK hosts summit to help vulnerable nations fund climate action
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
Rare IMF relief offers a hope of green recovery to debt-laden nations
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 rules out public subsidy for East African oil pipeline
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
Carbon markets are proving resilient to the coronavirus pandemic
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
Slash and burn: how the UK government is cutting aid while propping up fossil fuels
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
Scientists push to add “huge” fish trawling emissions to national inventories
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
