Biodiversity finance grew ahead of COP16 but came mostly as loans, says OECD
Funding for efforts to protect and restore nature increased to $15.4 billion in 2022 – mostly driven by concessional loans from multilateral banks
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
Developing countries denounce rich nations’ disregard for just transition talks
One negotiator said it was “very unfortunate” that no developed-country officials travelled to Ghana for UN climate talks on “response measures”
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
Human rights must be “at the core” of mining for transition minerals, UN panel says
The UN Panel on Critical Energy Transition Minerals launches principles to guide responsible, fair extraction of minerals for green value chains
British Airways plans to offset rising emissions by sprinkling crushed rocks
The airline will pay a UK company to carry out enhanced rock weathering, which speeds up natural carbon-absorbing processes
Bigger share of COP29 badges for Global South NGOs upsets rich-country groups
The UNFCCC has changed quota allocations for observers in a bid to address imbalance in regional representation
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
Fossil fuel transition back in draft pact for UN Summit of the Future after outcry
The new text of a UN pact for the high-level event brings back a mention of the headline COP28 agreement
EU hit with lawsuit over green labelling of aviation and shipping investments
Environmental campaigners take the EU to court over the inclusion of fossil fuel-powered planes and ships in green taxonomy
Nepal says China withholds “essential” info on bursting Himalayan glacial lakes
Beijing has not kept promises to provide data on its lakes, hampering efforts to prevent flood disasters, a senior Nepali official says
US turns against plastic producers, boosting hopes for ambitious treaty
The shift sparked accusations of betrayal from the plastics industry and celebrations from environmental campaigners and a Pacific negotiator
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Key UN report lends weight to Pacific plan for shipping emissions levy
The report was seized upon by the Marshall Islands but branded “unacceptable” and “nonsensical” by Argentina and Brazil
Renewable-energy carbon credits rejected by high-integrity scheme
The Integrity Council for the Voluntary Carbon Market decided existing renewables methodologies don’t do enough to prove their emissions reductions are additional
IPCC’s input into key UN climate review at risk as countries clash over timeline
Most governments want reports ready before the next global stocktake, but a dozen developing nations are opposed over inclusivity concerns
Indian official calls EU carbon border tax unfair and unacceptable
Ajay Seth said the EU’s proposals on its carbon border adjustment mechanism were “not practical” for a developing country like India
UN chief appeals for global action to tackle deadly extreme heat
António Guterres calls extreme heat “the new abnormal” as he urges countries to step up protection of vulnerable populations
Canada’s Olympics kit provider hit with greenwashing complaint in France
Lululemon is accused by environmental group of using “misleading” sustainability claims despite growing emissions
UAE’s ALTÉRRA invests in fund backing fossil gas despite “climate solutions” pledge
Four months after partnering with the new “landmark” climate vehicle at COP28, a BlackRock fund put money into a US gas pipeline