Green Climate Fund ambition at risk after ‘disappointing’ pledges
The UN’s flagship climate finance initiative can barely sustain its existing portfolio after a lackluster fundraising conference on Thursday
Exposed: carbon offsets linked to high forest loss still on sale
Project owners in Cambodia and Brazil are selling carbon offsets to Uber, Marathon and ArcelorMittal despite an uptick in deforestation
UN puts climate ‘course correction’ on Cop28 negotiating table
In response to a global stocktake report, ministers will debate collective goals such as phasing out coal use by 2040 and mobilising $200-400bn for loss and damage
EU’s nominated climate lead wants a global tax on jet fuel
Wopke Hoekstra argues a tax on jet fuel could raise revenue for a planned loss and damage fund, but experts warn that won’t be easy
Cop28 boss’ appeal to raise climate targets met with total indifference
Sultan Al Jaber urged governments to update their national climate targets by September. Not one heeded the call
ADB set to launch first coal early retirement scheme in Indonesia
A finance tool to shut down Asian coal plants up to a decade early will swing into action “soon”, says Asian Development Bank climate envoy
Vietnamese climate activist jailed in ‘unjust’ government crackdown
Five environmentalists have been jailed in the last two years, while the government works on a clean energy partnership with rich nations
Brazilian government eyes money from Amazon Fund for controversial road
Brazil’s transport ministry plans to bid for money from the Amazon Fund to pave the world’s “most sustainable highway”
Ministerial shows fault lines on climate loss and damage fund
On the sidelines of the UN general assembly, rich and poor countries were divided on how to deliver funds to victims of the climate crisis
China opposes ‘not realistic’ global fossil fuel phase-out
From Beijing, climate envoy Xie Zhenhua stood firm against stronger rhetoric against coal, oil and gas deployed at UN headquarters
Green Climate Fund may have to curb ambition as funding stagnates
The UN’s flagship global climate fund looks likely to have to rein in its ambition, after France announced just a 4% boost in its contribution.
‘First movers’ only: US, China, UK left off UN climate guestlist
Only five of the G20 major economies made the cut for Antonio Guterres’ Climate Ambition Summit in New York, despite pressure from big powers
Rich countries ‘confident’ $100bn climate finance delivered in 2023
Data won’t be confirmed until 2025 and developing countries say the rich world must make up for earlier shortfalls from the target
Lula scraps Bolsonaro’s cuts to Brazilian climate target ambition
Brazil will go back to the climate targets it drew up in 2015 while it works on new and improved ones
EU uses pollution tax funds to back Romanian gas pipeline
The European Union is using taxes on pollution to fund a gas pipeline in Romania, claiming it will reduce emissions compared to coal
Overshoot Commission calls for research into solar geoengineering
Dimming the sun could “complement” emissions cuts, says panel of leaders, while acknowledging concerns about the risks
Small islands slam ‘endless’ climate talks at landmark maritime court hearing
Small island states have asked the world’s maritime tribunal to clarify state obligations on climate change, which could be influential for other courts.
G20 leaders strike renewables deal, stall on fossil fuels
The world’s largest economies agreed to push for a tripling of renewable energy capacity by 2030, but made no progress on oil and gas phaseout
UN says more needed ‘on all fronts’ to meet climate goals
The UN Global Stocktake report calls on governments to scale up renewable energy and phase out all “unabated” fossil fuels.
Nearly all world’s population hit by global heating last quarter – study
Peer-reviewed research by Climate Central found 98% of people worldwide experienced temperatures heightened by climate pollution June-August