COP29 Bulletin Day 8: G20 backs new climate finance goal but ignores fossil fuels
G20 leaders “commit to successful negotiations in Baku”, including on climate finance, but promise little else to unblock fraught talks
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G20 waters down experts’ climate finance report, despite UN pressure to act
A report by top economists on finance for climate action was weakened after feedback from G20 nations, even as the UN says they must all slash emissions
South Africa’s G20 push for local processing of transition minerals faces barriers
Will minerals giant China sign up to a plan to help resource-rich developing countries build their own value chains and generate more wealth?
A global wealth tax is needed to help fund a just green transition
Brazil and France have proposed a tax on the super-rich to fight against poverty and climate change – G20 finance ministers should get behind it this week
The world needs a new global deal on climate and development finance
A more effective framework led by the UN could involve a binding financial target, a role for emerging economies and consolidation of funds
Will blossom of reform bear fruit? Spring Meetings leave too much to do
Changes are afoot at the IMF and World Bank – but debt-squeezed developing nations need far faster access to more finance for climate action
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
G20 countries must break their addiction to fossil fuels
Leaders of major economies meeting in Argentina this month need to step up climate action if the world is to meet the goals of the Paris Agreement
Argentina accused of caving to Trump by dropping carbon price from G20 talks
G20 presidency denies US a factor in turn away from carbon pricing, but upcoming Japanese and Saudi leadership could mean issue is pushed off agenda for years
This G20 will be remembered for division, not unity
Efforts in Hamburg to rally 19 countries to the Paris Agreement were successful, but deeper ambition feels further away
May meets Trump on climate, but her Brexit will damage the Paris accord
Despite May’s G20 overture to Trump, her government is preparing a divorce from the EU that will have profound negative consequences for the climate
Vulnerable nations call on G20 to end fossil fuel subsidies by 2020
Ministers from countries on the front line of climate change have urged rich nations to stop pouring money into the coal, oil and gas industries
G20 report shows competing visions of a clean energy future
The IEA and IRENA issued separate press releases for their joint report, reflecting a gulf in expectations on the relative roles of renewables, nuclear and carbon capture
EU and China can outflank Trump on climate change
The time is ripe for Brussels and Beijing to step up their relationship as US climate diplomacy dwindles, write Maeve McLynn and Li Shuo
How the G20 could save Paris climate deal from Trump
Donald Trump appears bent on unpicking the globalist cooperation that made a climate change accord possible. Can the world’s other powers band together to stop him?
World’s poorest urge G20 to make long-term climate plans
Chair of Climate Vulnerable Forum looks to Merkel for leadership as developing countries try to ratchet up pressure on wealthy nations
Mark Carney, the unlikely climate champion
Former Goldman Sachs banker is calmly, steadily steering the financial sector in a greener direction
How Germany’s G20 can accelerate progress on climate change
If the G20 focuses on making infrastructure low carbon and resilient it can meet its goals of boosting economic growth and insuring against climate risk
Germany makes climate change G20 priority
Agenda for Hamburg summit submitted by chancellor Angela Merkel to cabinet calls for global push on climate and development goals
China’s top ministries commit to green finance drive
Proposals to ensure China’s financial sector backs green projects gains influential support, though doubts over what can be classed as ‘green’ persist
G20 reaffirms climate commitments – but dodges deadlines
Leaders back rapid implementation of the Paris agreement and ramping up of green finance, but fail to set timeline for phase out of fossil fuel subsidies
Reaction: US and China ratify Paris climate agreement
Leading civil society groups, Al Gore, Michael Bloomberg and UN leaders say formal approval by biggest polluters is a tipping point in climate fight
G20 will blow the Paris climate targets – report
Proposed cuts are “far from sufficient” and must be six times greater by 2030 to stop the world warming beyond 2C, a study finds on the eve of the G20 leaders meeting
Insurers worth $1.2tn tell G20 to stop funding fossil fuels by 2020
Climate change is the “mother of all risks” says Aviva CEO, and hundreds of billions in annual government assistance to oil, gas and coal is “simply unsustainable”
We’ve only just begun: more climate fights are coming
Luckily for the chances of avoiding global warming, the Paris climate deal isn’t the only game in town. Here’s a rundown of what else is cooking
Mark Carney: G20 to make green finance a ‘priority’
NEWS: Bank of England governor and chair of Financial Stability Board says it’s time to mainstream climate-friendly fund
G20 leaders disappoint climate campaigners with weak statement
NEWS: Overshadowed by Paris terrorist attacks, major economies meet in Turkey backs 2C goal but makes no progress on contentious issues
G20 must act on fossil fuel subsidy reform
COMMENT: Incentives to keep burning polluting fuels don’t make business sense, argues Sandrine Dixson-Declève ahead of Antalya summit
Are major economies putting the squeeze on coal?
ANALYSIS: Upcoming G20 and OECD meetings promise a crackdown on fossil fuel subsidies, but their actions tell a different story
G20: 8 reasons why this weekend’s summit is climate critical
COMMENT: The G20 never used to be a big moment in the climate calendar. But times have changed. What’s decided in Antalya will have ramifications for Paris
G20 urged to switch fossil fuel subsidies for climate finance
NEWS: Transfer public support for polluting products into green growth and protection from extreme weather, says CAN Europe