Climate finance
Bonn talks on climate finance goal end in stalemate on numbers
Negotiations failed to progress as rich countries refused to discuss a dollar amount for the new goal due to be agreed at COP29
No shortage of public money to pay for a just energy transition
With negotiations underway to establish a new global climate finance goal, wealthy countries are once again trying to shirk their responsibilities
Bonn bulletin: Crunch time for climate finance
Negotiators take on tricky topics in a slimmed-down finance text as UN climate chief calls for country transparency reports to shed light on NDC progress
North Africa’s disappearing nomads: Why my community needs climate finance
My people are experiencing loss and damage, and deserve international support under a new climate finance goal – negotiators in Bonn and beyond must take heed
Quality – not just quantity – matters in the new climate finance goal
Negotiators in Bonn should work to ensure funding provided under a new goal set to be agreed later this year at COP29 is affordable and accessible
Seismic shifts are underway to find finance for loss and damage
The new UN fund can channel taxes and other innovative ways of raising money to pay for climate loss and damage – we just have to decide to apply them
Loss and damage board speeds up work to allow countries direct access to funds
At its first meeting, the fund’s board decided to fast-track the selection of its host country so money can be disbursed as fast as possible to disaster-hit people
How to fix the finance flows that are pushing our planet to the brink
Commercial banks are financing a huge amount of fossil-fuel and industrial agriculture activities in the Global South – they must turn off the tap
Limiting frontline voices in the Loss and Damage Fund is a recipe for disaster
Representatives of groups hardest-hit by the climate crisis say restrictions on their participation at the fund’s first board meeting set a worrying precedent
Will blossom of reform bear fruit? Spring Meetings leave too much to do
Changes are afoot at the IMF and World Bank – but debt-squeezed developing nations need far faster access to more finance for climate action
Global billionaires tax to fight climate change, hunger rises up political agenda
Brazil and France want the G20 to get behind a global minimum tax on billionaires’ wealth, also backed by IMF chief
As donors dither, Indigenous funds seek to decolonise green finance
Tired of waiting for donor dollars for climate and nature protection to trickle down, Indigenous rights groups are creating new funds to do things differently
World Bank climate funding greens African hotels while fishermen sink
Climate Home reveals that the World Bank Group has counted support for luxury hotels as climate finance, which experts say fails the most vulnerable
How to hold shipping financially accountable for its climate impacts
A levy on shipping emissions will be discussed by governments at IMO talks this month, with climate-vulnerable nations seeking funding from the industry
High stakes for climate finance in 2024
Setting finance goals without the revenues and systems to deliver on them is a recipe for disappointment – this year it must be different.
The subtle art of scaling up climate adaptation
Climate funds are the early adopters of a different way of doing finance. One which prioritises the climate, communities and the natural world.
OECD: Rich countries ‘likely’ to hit $100bn climate finance goal in 2022
Data shows countries provided $89.6bn in 2021, but funding for adaptation declined.
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 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
While drawing up their renewables deal with wealthy countries, Senegalese government, civil society, business and researchers had their say