Finance
China and India demand cash for climate action on eve of UN summit
World’s largest and fourth largest emitters said the onus remained on the countries historically responsible for climate change to move money
Only one-fifth of climate finance going to adaptation, finds OECD
Donors overwhelmingly favour supporting projects that cut emissions rather than cope with the impacts of climate change, despite calls for parity
Poor countries will hold the rich to account on climate finance
The major UN climate fund is running short of money, will rich countries live up to the promises they have given?
Preparations for the climate crisis will save trillions, commission finds
Every $1 spent on climate adaptation could see between $2 and $10 of net economic benefit, but current investments are lagging way behind
European Central Bank should ‘gradually eliminate’ carbon assets: Lagarde
Nominee to lead the bank told MEPs it could adopt new measures to prefer green investments if she is confirmed
Natural disaster spike to drive 2020 insurance rate rise
Losses from hurricanes, typhoons and wildfires in 2017 and 2018 are likely to cause reinsurance rates to rise by up to 5% agencies warn
Chinese Belt and Road plan ‘may result in 2.7C warming’
Without green policy controls, $12tn programme could promote development that would compromise the goals of the Paris Agreement, report finds
France and UK double pledges to UN green fund to $3.5bn
Announcements at the G7 meeting mean the countries join Germany and Norway with promises to double their initial contributions in the next funding round
