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 could determine if rich meet climate finance promise
NEWS: Lack of breakthrough on core plank of UN deal tees up November meeting to tackle contentious issue
G20 to assess ‘carbon bubble’ threat – media reports
NEWS: United States, China, India, Russia, Australia, and Saudi Arabia to probe risks of stranded assets ahead of UN climate pact
Green groups tell G20 ministers to stop fossil fuel subsidies
NEWS: Turkish prime minister urged to focus on phasing out “inefficient” fossil fuel funds, in letter from 39 organisations
Australia left isolated as G20 backs climate action call
NEWS: Pressure from US and EU forces Abbott U-turn in Brisbane as global warming heats up summit negotiations
US and Japan set to make Green Climate Fund pledges
NEWS: The US is poised to pledge at least $2.5 billion to help poor countries tackle global warming, with Japan contributing $1-1.5bn
Australian doctors mount coal warning as G20 kicks off
NEWS: Australia’s coal industry is costing $8.3 billion a year in medical costs, as lung and heart disease rise
Don’t back coal if you want to address energy poverty – report
NEWS: Analysts, youth and religious leaders rubbish industry claims that coal can solve energy poverty, ahead of G20 summit
G20 big oil billions “undermines” climate action
NEWS: Overseas Development Institute says countries are continuing to support uneconomic fossil fuel exploration
Australia agrees to include climate change on G20 agenda
NEWS: Tony Abbott grudgingly inserts paragraph on climate change, in line with international demands
Australian opposition ‘unlikely’ to keep climate off G20 agenda
NEWS: Australia lacks gravitas to cast off climate talk, with US and China likely to put pressure on Tony Abbott
G20 commits to Green Climate Fund but no mention of Kyoto
G20 leaders call for “balanced outcome in Durban” and set sights on eradicating fossil fuel subsidies but makes no statement on Kyoto Protocol