Climate finance
Mia Mottley: the ‘fearless’ leader pushing a global settlement for the climate frontlines
The first female prime minister of Barbados is elevating wonky discussions on the future of global finance to the highest political level
Climate reparations become a crunch issue as Cop26 goes into overtime
The US and EU have resisted calls for finance to the victims of climate disaster, but developing countries say it is a red line
Developing countries put a number on post-2025 climate finance ask: $1.3trn a year
African nations and a group of 24 “like-minded” countries that includes China and India accuse donor countries of ducking substantive talks on finance
Support for vulnerable nations could ‘make or break’ Cop26 talks
As ministers arrive in Glasgow to broker a political deal, a lack of aid for those on the front lines of climate impacts is a sore point
South Africa $8.5bn finance package offers a model for ending reliance on coal
The package was hailed as “groundbreaking” for being country-led and addressing a need to reskill and support coal miners
To close 1.5C gap, countries face call for another round of climate pledges by 2023
The Cop26 presidency is considering a proposal to strengthen ambition beyond the Glasgow summit, but it faces resistance from emerging economies
Donor countries set to reach $100bn climate finance target in 2023 – three years late
The UK presidency hopes a delivery plan for long-promised climate finance will start to restore trust ahead of Cop26, but experts warn late delivery means trouble
‘Breakthrough’: IMF develops fund to help debt-laden nations address climate risks
The IMF trust fund could be worth up to $50 billion and meet vulnerable countries’ call for support to address the triple crisis of debt, Covid and climate change
Heat rises on donor countries to meet overdue $100bn climate finance promise
Nearly 150 green groups have told rich governments they must make up for missing their climate aid target by delivering $600bn in total 2020-25
Latest data shows rich countries little closer to $100bn climate finance promise
OECD figures show international climate finance increased by just 2% from 2018 to 2019, leaving a $20 billion shortfall to the 2020 target
EU commits €4 billion more to climate vulnerables, calls on the US to step up
Ursula Von der Leyen called out the US for failing to deliver its fair share of climate cash – an issue poor nations say is critical to success at Cop26
Displaced Afghan negotiator calls for climate aid to war-torn states
Ahmad Samim Hoshmand, a top climate official before he fled the Taliban, says Afghans need support more than ever to cope with climate impacts
The future of humanitarian aid? Pilot scheme stops drought leading to hunger
An early intervention approach tested in Pakistan and Senegal unlocks aid for predictable and predicted extreme weather before communities suffer
The climate crisis is intensifying. So why is climate finance drying up?
As the IPCC warns of intensifying climate impacts, rich countries must deliver on their funding promises and set new commitments to the developing world
South Africa proposes global goal for adaptation at pre-Cop26 ministerial
Environment minister Barbara Creecy called for quantifiable improvements in resilience to climate impacts, to give the adaptation agenda the same weight as emissions cuts
Developing nations put numbers on the table for the next climate finance goal
Nearly 100 developing countries have come together to define what success means at Cop26, raising the stakes for donor countries to step up their finance pledges
Argentina pitches green debt swap, with the Pope’s blessing
Pope Francis is the unlikely champion of a pioneering green debt relief plan for Argentina, but it is a politically sensitive issue in his home country
Row erupts at Green Climate Fund over who defines climate adaptation
Two adaptation projects didn’t make it pass the UN’s flagship fund’s technical panel, while board members decide to partner with a fossil fuel backing Japanese bank
Norway pays Gabon $17m for forest protection despite deforestation spike
While proponents say results-based payments can support forest protection in the long term, critics say the Gabonese government has done little to earn the money
G7 offers ‘peanuts’ to developing world, putting climate ambition in doubt
While Canada and Germany set out new climate finance pledges, rich countries are still falling short of a target they promised to meet in 2020