Climate finance
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 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
Climate negotiators expressed relief as the US secured congressional support for climate spending, but said developing countries need direct support to follow
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
2020 was the deadline for delivering the $100bn climate finance promise
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
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
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
Report launched at Marrakech summit highlights modest progress in climate spending, but gaps remain
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