Sign up to get our weekly newsletter straight to your inbox, plus breaking news, investigations and extra bulletins from key events
The World Bank controls tens of billions of dollars which can make a real difference in the fight against climate change. A coalition of nations is pushing for green reforms.
Sign up to get our weekly newsletter straight to your inbox, plus breaking news, investigations and extra bulletins from key events
Negotiators have added an extra meeting to try and get talks finished by Cop28 – but splits over who pays and who receives funds remain
New carbon credit guidelines do not recommend a mandatory levy to fund adaptation despite calls from vulnerable countries and experts
The government commissioned advice from expensive consultants from EY, a company that had also worked with carbon offsetters and the fossil fuel industry.
Campaigners said the UAE’s opposition to zero emissions by 2050 was “alarming” given the country will host Cop28 climate talks in December
They folded after winning concessions from the government which will make producing coal and gas more expensive
Sign up to get our weekly newsletter straight to your inbox, plus breaking news, investigations and extra bulletins from key events
Governments will hold consultations on whether to call for a phase out of fossil fuels at the Cop28 climate talks in November
Antonio Guterres said leaders of the G20’s rich nations must aim for net zero “as close as possible” to 2040 while emerging nations should set 2050 targets
The process to create Canada’s first guide for green investiments has been accused of being undemocratic and extending the life of polluting fuels.
Sign up to get our weekly newsletter straight to your inbox, plus breaking news, investigations and extra bulletins from key events
They won’t reveal who is paying what or how it will be spent and one bank said their $1bn contribution is just something they’re “willing to consider”
Without climate finance from rich nations, “we are not going to comply with your climate change” said Bola Tinubu
The US will subsidise North American-made electric vehicles, sparking responses from other rich countries – but there are concerns on the effects on the developing world.
Negotiators will gather in Egypt at the end of March to discuss a fund for climate victims, whether the Asia-Pacific group has nominated its members or not
The Eskom boss said that a “senior government minister” said it was “pragmatic” to water down corruption safeguards in a $8.5bn international clean energy deal
Sign up to get our weekly newsletter straight to your inbox, plus breaking news, investigations and extra bulletins from key events
The Indian-American businessman is likely to become the bank’s next president, as the US traditionally chooses who leads the institution