Climate finance
COP29 Bulletin Day 9: Developing nations draw “super red line” on climate finance goal
Big emerging economies reject an informal proposal being floated for government provision under the new goal and say they won’t join the donor pool
Can climate funders overcome fear to tread in conflict zones?
At COP29, fragile climate-vulnerable countries launched a network aimed at securing the climate finance they say has been slow to come as their needs surge
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
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
New UN carbon market standards are a step change in protecting people and planet
Rules finalised at COP29 will make sure carbon credits enable more ambitious climate goals while delivering benefits to local communities
Gender equality cannot be last on the agenda at COP29 climate talks
Climate action initiatives will only achieve their potential if women get more decision-making power and access to finance
Why the international community should back Colombia’s post-fossil fuel plan
At COP29 talks in Baku, rewarding Colombia’s leadership would build confidence in the transition to a greener, fairer world
COP29 host Azerbaijan shelves fossil-fuelled climate fund
Baku postponed the planned launch of a voluntary fund with contributions from fossil fuel producers after getting “tangled up” with official UN negotiations
With increased climate finance, Africa can lead the green industrial revolution
Africa could see the creation of millions of green jobs, along expanded and resilient global value chains – but for this to happen, it needs more international support
Is COP29 “breakthrough” on UN carbon market all it seems?
Azerbaijan presidency claims Article 6 could help countries save $250 billion a year – but experts warn UN carbon trading is still some way off
Frontline countries must not be stuck with the climate bill at COP29
Someone will have to pay for the rising costs of the climate crisis – will it be those causing the damage, or those that suffer it?
From cyclone to drought, Zimbabwe’s climate victims struggle to adapt
Five years after Cyclone Idai devastated eastern Zimbabwe, relocated communities face a new threat – water shortages – with authorities saying they lack money to build a dam
Biodiversity market takes off at COP16, in shadow of carbon credit chaos
Several new guidelines for biodiversity credits were launched at COP16 in Cali, Colombia, where activists warned on risks to nature conservation efforts
Verra’s plan to review carbon credits faster with fewer staff raises integrity concerns
Verra’s new CEO said that “faster does not equal to compromise on integrity” – but independent carbon market experts are sceptical
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
At COP16, countries clash over future of global fund for nature protection
Some biodiverse developing nations want to replace it with a new fund that would give them a bigger say in how it’s run and easier access to its resources
European Central Bank holds back plan to boost climate finance for Africa, Latam
The African and Inter-American Development Banks want assets channelled through them so they can get more from the money
Parametric triggers: How small islands can escape the climate-poverty trap
The loss and damage fund should use parametric triggers to pay out when climate disaster strikes small island developing states
Why we need new laws to end coal, oil and gas – now
Introducing strong policies to accelerate the rollout of renewables, coupled with a rapid, legally implemented phase-out of fossil fuels, may be our best hope for curbing global warming
The Global South is surging ahead in the renewables revolution
Many developing countries are rich in renewable resources and growing them fast – with more investment, they can tip the balance towards green industrialisation