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Climate finance

IPCC highlights rich nations' failure to help developing world adapt to climate change

IPCC highlights rich nations’ failure to help developing world adapt to climate change

Scientists say funding needs to increase ‘many-fold’ in order to reach climate goals and protect communities disproportionately affected by global warming

An agriculture worker in Nicaragua's Caribbean region, where a GCF project is under a complaint.

Green Climate Fund credibility hangs over response to violence in Nicaragua project

Indigenous people in Nicaragua have accused a Green Climate Fund project of exacerbating violence with settlers invading their land

Landslide Nepal loss and damage

Vulnerable nations set up alliance to prepare loss and damage action plans

Researchers are working with eight developing countries to pool resources and respond to climate disasters with local solutions

India set to push for green World Bank reforms at G20

India set to push for green World Bank reforms at G20

India wants the World Bank to lend more money for climate finance, at cheaper rates, in developing countries and will use its G20 chair to push this agenda

World Bank outgoing chief David Malpass

World Bank chief to step down early after climate controversy

Last year, the World Bank’s president David Malpass refused to accept the scientific consensus on global warming, leading to calls for the US government to push him out

After finally passing a climate bill, US calls on others to act

After finally passing a climate bill, US calls on others to act

Climate negotiators expressed relief as the US secured congressional support for climate spending, but said developing countries need direct support to follow

petro colombia debt

Colombia’s new president calls for debt swap to protect the Amazon

“We can turn the entire population of the Colombian Amazon into a population that cares for the forest, but we need the world’s funds to do it,” says Gustavo Petro

Rich countries fall $17bn short of 2020 climate finance goal

Rich countries fall $17bn short of 2020 climate finance goal

2020 was the deadline for delivering the $100bn climate finance promise

Brussels sets out new green aid rules, with ‘pragmatic exceptions’ for gas

Brussels sets out new green aid rules, with ‘pragmatic exceptions’ for gas

The new guidelines include a special clause for natural gas, allowing member states with the lowest GDP to transition from coal to gas

Poor nations call for more financial support to cope with climate impacts

Poor nations call for more financial support to cope with climate impacts

At a summit of least developed countries, leaders said they needed aid to overcome climate disasters and put ambitious climate plans into action

Oxfam: Rich countries are not delivering on $100bn climate finance promise

Oxfam: Rich countries are not delivering on $100bn climate finance promise

Nearly 80% of climate finance is in the form of loans that must be repaid, adding to the debt burden of the poorest countries, anti-poverty campaigners found

COP22: UN reports increase in climate aid flows

COP22: UN reports increase in climate aid flows

Report launched at Marrakech summit highlights modest progress in climate spending, but gaps remain

OECD estimates climate finance flows at $60 billion

OECD estimates climate finance flows at $60 billion

NEWS: Report aims to build confidence in funding for poor countries ahead of Paris summit, but analysts say challenges remain

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