Search Results for 'world bank'
Poor world calls on G7 to stick to climate agenda, despite Trump
With the US likely to be isolated when the G7 meets in Canada, poor countries reminded other leaders of their own climate responsibilities
Rich world faces questions on who will replace US climate cash
‘We need to ask developing countries how to address that gap,’ says G77 chair, calling for concessions on climate finance to unlock stalled talks
Development banks ‘not aligned’ with Paris Agreement goals: report
None of the big six are shifting fast enough to clean investments, finds E3G report, but the Inter-American Development Bank is a frontrunner
Why are the world’s climate funds ignoring coral reefs?
Vital marine ecosystems are threatened by ocean warming and acidification, yet get a tiny fraction of climate finance, E3G research shows
Why climate pariah Trump is welcome at the World Economic Forum
Far from being shunned, US president Donald Trump has been warmly welcomed at the Davos ski resort by business chiefs who benefit from his policies
Climate Weekly: Macron banks on green capitalism
This week’s top climate change stories. Sign up to have our newsletter sent to your inbox
EU commission urged bank to support Azerbaijan gas pipeline
Letter from top officials to the president of the EIB said Europe’s commitment to the pipeline ‘must not wane’ and called for publicly-backed loans
Poor countries spending climate cash on rich world consultants
Lack of expertise means money for climate protection is spent on consultancy fees, which African officials say end up back in wealthy countries
EU bank to decide huge public loan to Europe’s biggest fossil fuel project
Experts refute EU claim that 3,500km gas pipeline from Azerbaijan is necessary for energy security, amid alarm over corruption and human rights issues
UK releases plan to ‘lead the world’ on growth with carbon cuts
Long awaited strategy says green economy will grow 11% per year but plan will miss carbon emissions targets, drawing criticism
Huge cash shortfall stopping electricity reaching world’s poor
Investment needs to double to bring power to every home by 2030, UN initiative finds, urging a greater focus on solar home systems for underserved rural areas
Australian bank sued over failure to disclose climate risks
Shareholders are taking the Commonwealth Bank to court, alleging that it is misleading investors about its financial position
Why is the UK selling its flagship climate bank?
Theresa May’s government is set to flog the once-prized Green Investment Bank to an Australian outfit nicknamed the “vampire kangaroo”
Brazil’s coffee growers face bleak future as world warms
Small-scale farmers who produce most of the world’s coffee beans face reductions in crop yield and quality as a result of rising temperatures and extreme weather
Climate champion Carney to stay at the Bank of England
The Canadian’s climate risk warnings have won him praise from campaigners, criticism from sceptics – but he’s here for a while longer
Saudi Arabia blasts Korean bank for “playing” with UN climate fund
“Either you are serious, or you are not,” says Saudi Green Climate Fund representative after Korea Exim pulled its application to the fund at the last moment
As the world hails Paris, Africa’s energy plans are stagnating
Despite bold promises of the UN’s first comprehensive global warming deal, African governments feel their demands for energy equity are being ignored
Development bank climate funding fell $3 billion in 2015
MDBs say 2015 dip in finance funding due to change in reporting procedures, highlight $80bn in mobilised cash for clean energy, adaptation
Bank of America commits to $125 billion green funding
‘We see a clear market opportunity here, and investing in clean energy enables us to grow responsibly as well as leverage our expertise’
Ahead of UN climate talks, world’s poorest urge early action
World must adapt to meet the unavoidable impacts of climate change head on or face the consequences says DRC envoy