As climate-vulnerable countries, we know what kind of finance we need
COP29 negotiators must agree a new climate finance goal that genuinely works for debt-strapped developing nations
ncqg
See all
Rich nations “on track” to double adaptation finance but huge gap persists
While adaptation funding jumped by about a quarter in 2022, a large share came as loans rather than grants, adding to developing-nations’ debt burdens
Green Climate Fund looks at capital-market borrowing to meet COP29 goal
A GCF official says the fund needs new sources of money but campaigners worry the move could undermine climate justice
UK calls for “ambition” on COP29 climate finance goal but won’t talk numbers
The UK’s new foreign minister, David Lammy, says Global North rhetoric on climate action must be matched by funding but stays silent on the size of a new global finance goal
UN climate chief calls for “exponential changes” to boost investment in Africa
Action on clean energy and adaptation can be the single greatest opportunity to lift up African people and economies, Simon Stiell says
It’s time for Azerbaijan to shift gears on diplomacy ahead of COP29
Amid record-breaking climate impacts, the COP29 host nation needs to ramp up action for an ambitious outcome in Baku
Bonn talks on climate finance goal end in stalemate on numbers
Negotiations failed to progress as rich countries refused to discuss a dollar amount for the new goal due to be agreed at COP29
Rich nations meet $100bn climate finance goal – two years late
Developed countries gave nearly $116 billion in climate finance in 2022, but experts and campaigners questioned how the target was met
Tensions rise over who will contribute to new climate finance goal
Germany wants all high-emitters, especially among G20 countries, to pitch in. But China and Saudi Arabia say the responsibility lies with developed nations
Countries draw battle lines for talks on new climate finance goal
Developed and developing countries are gearing up for heated discussions over the size of the goal and who should provide money for it