Climate politics
SBTi’s rigid emissions rules don’t reflect business reality
The Science Based Targets initiative ignores the good a company’s products do in avoiding planet-heating emissions – only counting those from its operations
UN climate chief calls for “quantum leap in climate finance”
Simon Stiell says far more money is required for developing countries to submit bold new climate plans, which would benefit all economies
Spring Meetings can jump-start financial reform for food and climate
The World Bank and IMF have a big part to play in raising the $3 trillion needed to help countries meet global development goals and the Paris accord
Forest carbon accounting allows Guyana to stay net zero while pumping oil
Experts say UN rules around forests and oil are open to abuse, so that countries like Guyana can claim to be carbon-negative without cutting emissions
Zambia’s fossil-fuel subsidy cuts help climate and kids – but taxi drivers suffer
Under pressure from the IMF, the government has redirected subsidies into education, welfare and debt reduction, leaving fuel-heavy sectors with higher costs
Cancellation of UN climate weeks removes platform for worst-hit communities
The UNFCCC has said it will not hold regional climate weeks in 2024 due to a funding shortfall – which means less inclusion for developing-country voices
What will it take to protect India’s angry farmers from climate threats?
Indebted farmers, facing falling yields and water scarcity, want legally guaranteed price support for more crops – but that may not fix their climate woes
Expectations mount as loss and damage fund staggers to its feet
Demand for finance to pay for the aftermath of climate impacts is rocketing – but progress on getting a new UN loss and damage fund up and running is slow
Climate leaders, oil bosses pitch alternate energy-transition realities
As climate officials prepare the next steps in a globally agreed shift away from fossil fuels, oil and gas executives return fire
UN’s climate body faces “severe financial challenges” which put work at risk
UNFCCC chief Simon Stiell has made an urgent plea to plug the body’s funding gap with government donations
