Climate finance
Climate change could push 100m into extreme poverty
NEWS: World Bank warns of human impact by 2030 if development doesn’t protect the most vulnerable from extreme weather
Exxon Mobil faces legal inquiry on climate misinformation
NEWS: New York attorney general is investigating whether oil major lied about scientific knowledge, in move with big implications for fossil fuel firms
Green Climate Fund approves first eight projects
NEWS: Board signs off US$168 of investment in clean development and climate resilience in Zambia, after heated debate on lending criteria
Piketty: Tax flyers to raise climate adaptation funds
NEWS: French economists moot €180 levy on business class tickets to protect vulnerable from climate impacts
CEOs to the rescue: Can business save the world from climate change?
NEWS: PwC says private and public sector has tools to limit warming to below 2C danger zone, if COP21 in Paris delivers green investment framework
BlackRock partners with Climate Bonds Initiative
NEWS: Investor worth US$4.5 trillion gets on board with drive to scale up climate-friendly infrastructure investment
Green Climate Fund to reveal first project amid NGO protest
CRIB NOTES 2-5 NOVEMBER: GCF gathers in Zambia, UN debates HFCs in Dubai, Saudis host carbon capture forum
IMF to factor climate risk into world economic forecasts
NEWS: Influential finance body is mainstreaming climate concerns in move that could spotlight threats to oil exporters, say experts
Prince Charles warns financial sector of climate risk
NEWS: Heir to British throne asks investors if they will be ‘future takers’ or ‘future makers’ at City of London event on stranded assets
Green Climate Fund chief confident US will stump up
NEWS: US will deliver the US$3 billion promised to help poor countries go green despite Republican opposition, says top official
Fossil fuel majors accused of ignoring potential demand crash
NEWS: ExxonMobil, Shell and BP’s bullish energy use projections are based on dodgy assumptions, say analysts at Carbon Tracker
Pathway to $100bn emerging ahead of Paris climate summit
ANALYSIS: Cash demands from developing countries reinserted into text during UN talks in Bonn, as World Bank official hails progress
Germany, Ethiopia, Mexico leaders back carbon pricing
NEWS: Six heads of state are endorsing a World Bank campaign to make polluters pay, while Paris climate text ignores the subject
Norway’s oil-rich capital first to divest from fossil fuels
NEWS: Oslo “takes responsibility for climate” in ridding $9 billion pension fund of coal, oil and gas investments say surging Greens
Loans or grants for climate finance?
COMMENT: Confusion reigns over the right format for cash to tackle climate impacts. Resolve this quickly, or the UN-backed Green Climate Fund will falter
Green Climate Fund directors warn it faces staffing crisis
NEWS: Poor pay and remote location in South Korea are driving away potential employees says GCF, as it prepares to sign off on first funding projects
Who’d buy a coal mine? Two very different bids
ANALYSIS: X2 Resources and Greenpeace have their reasons for acquiring coal assets amid low commodity prices and climate concerns
Ten banks launch sustainable finance manifesto
NEWS: Lenders including Societe Generale, Yes Bank and ING back ‘positive impact principles’ to scale up clean energy investments
BP admits climate concern makes some oil unburnable
NEWS: Oil major’s chief economist accepts analysis that two thirds of fossil fuels must stay in the ground to hold warming to 2C
UN climate talks: Will only a global carbon price do?
ANALYSIS: Former chief UK climate science advisor says Paris talks won’t solve global warming, but an unprecedented price on pollution would