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Climate finance

What's in a word? - Climate Weekly

What’s in a word? – Climate Weekly

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The UK's retreat from climate leadership is not in its national interest

The UK’s retreat from climate leadership is not in its national interest

The UK won friends and influence as Cop president, its not in its interest to throw that all away by abandoning its climate ambition

Senegal shows African countries are not passive beneficiaries of climate finance

Senegal shows African countries are not passive beneficiaries of climate finance

While drawing up their renewables deal with wealthy countries, Senegalese government, civil society, business and researchers had their say

Dreaming big on climate action means finding the money to pay for it

Dreaming big on climate action means finding the money to pay for it

The Paris summit failed to unlock real money for climate finance, potentially driving developing countries further into debt without boosting real climate solutions

Scrooges block progress in Bonn - Climate Weekly

Scrooges block progress in Bonn – Climate Weekly

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Confusion surrounds China’s pledged climate finance towards the Global South 

Confusion surrounds China’s pledged climate finance towards the Global South 

China is not obligated to provide financial aid but has pledged to “make available’ $3.1bn to other developing countries 

Cop28 boss slams rich nations "dismal" $100bn finance failure

Cop28 boss slams rich nations “dismal” $100bn finance failure

Developed nations should have met the climate finance commitment in 2020. But they are still not there.

Jor Biden gives a speech at the Major Economies Forum where he pledged $1 billion in funding for the Green Climate Fund.

US pledges $1 billion to Green Climate Fund amid call to keep 1.5C in reach

Joe Biden urged leaders of major emitting economies to step up efforts to roll out zero-emission vehicles, cut methane emissions and deploy carbon capture technologies

Saudi Arabia, Russia push for more World Bank money into carbon capture

Saudi Arabia, Russia push for more World Bank money into carbon capture

At a meeting discussing the World Bank’s stronger focus on climate, Russia has also urged the lender to extend its support for gas projects.

US officials at World Bank spring meeting discuss climate finance reforms

World Bank steering committee and US urge for reforms on climate lending

At the World Bank’s spring meeting, US Treasury Secretary Janet Yellen called for the adoption of a reform that would free up funds for climate lending.

Mozambique cyclone freddy faces loss and damage from extreme weather

I’m a COP veteran. Here are 3 suggestions for the new Loss and Damage fund

Cop27 resulted in the historic decision of setting up a loss and damage fund to help vulnerable countries, but success depends on a few key actions.

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. Funding Stagnation Puts Green Climate Fund Ambition at Risk

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

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