Climate finance
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
COP29 Bulletin Day 2: Aliyev defends fossil fuels, G77 unites on finance goal
Azerbaijan’s president repeats his claim that oil and gas are a “gift from the god” before the UN chief says “doubling down on fossil fuels is absurd”
In numbers: The state of the climate in 2024
At the start of COP29, new reports warn that 2024 is set to be the hottest year on record as global warming temporarily tops 1.5C and climate disasters surge
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?
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
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
How the world can set itself up for success at COP29
A new climate finance goal is the top priority for the Baku summit – and there are signs of convergence on critical issues
UK calls for “ambition” on COP29 climate finance goal but won’t talk numbers
The UK’s new foreign minister, David Lammy, says Global North rhetoric on climate action must be matched by funding but stays silent on the size of a new global finance goal
Slow progress in Baku risks derailing talks on new climate finance goal at COP29
Azerbaijan’s COP29 president calls for determination and leadership from all countries to bridge the gaps on finance
Green Climate Fund restructures, aiming to become donors’ “partner of choice”
GCF chief Mafalda Duarte tells Climate Home how she plans to boost the fund’s impact and position it to secure more resources
UN climate chief calls for “exponential changes” to boost investment in Africa
Action on clean energy and adaptation can be the single greatest opportunity to lift up African people and economies, Simon Stiell says
As Pacific Islanders, we need climate action – not greenwashing – from Azerbaijan
As host of the COP29 summit, Baku must stop fossil fuel expansion, cut its emissions further, and work to deliver an ambitious climate finance goal
Leaders are cutting fossil fuel finance – next comes unlocking clean energy for all
While international public finance for coal, oil and gas has fallen by two-thirds, little of that money has gone to boost green energy in poorer countries
How can governments tackle loss and damage at the national level?
As host of the board of the new UN L&D fund, the Philippines can set an example with its pioneering climate accountability bill
Switzerland and Canada propose ways to expand climate finance donors
Detailed criteria would include China and Gulf States in the donor base. But experts recommend incentives not coercion
The world needs a new global deal on climate and development finance
A more effective framework led by the UN could involve a binding financial target, a role for emerging economies and consolidation of funds
Hurricane Beryl shows why the new UK government must ramp up climate finance
In the wake of yet another Caribbean climate disaster, Labour should raise its ambition in offering international support
The Loss and Damage Fund must not leave fragile states behind
Unless the unique needs of conflict zones are prioritized, climate-vulnerable communities risk losing out on finance again
UK’s Labour promises “solidarity” with poorer nations on climate – but no new cash
Labour’s shadow foreign minister says cost-of-living crisis means some climate finance must come from outside rich governments’ budgets
UN climate chief warns of “steep mountain to climb” for COP29 after Bonn blame-game
Countries expressed disappointment as key negotiations on climate finance and emissions-cutting measures made scant progress at mid-year talks