Climate finance
Cop27 bulletin: Could polluter taxes fund loss and damage?
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As Cop27 kicks off, where are the coal to clean deals at?
Rich countries have been discussing “just energy transition partnerships” with South Africa, Indonesia, Vietnam, India and Senegal
South Africa pitches $84bn plan to shift from coal to clean energy
President Cyril Ramaphosa set out a 200-page investment plan ahead of Cop27 climate talks, urging partners to finance his vision
John Kerry: Carbon offsets can help wean developing countries off coal
The US special envoy wants the voluntary carbon market to finance energy transitions in emerging economies – but partner countries aren’t keen
Climate finance isn’t reaching African communities – Cop27 must fix this injustice
Indigenous peoples and local communities receive less than 1% of all climate funding despite scoring wins for people and nature
Climate fund approves plan to speed up coal retirement in Indonesia
The Climate Investment Funds aims to mobilise $4 billion from public and private sources to start decarbonising Indonesia’s power sector
Breakdown: Who is contributing what to South Africa’s clean energy shift
A leaked summary shows Germany and France are providing cheap loans while the UK is making the biggest contribution to mobilise private finance
South Africa approves $8.5bn energy transition investment plan
Insiders say less than 3% of the money rich countries promised is earmarked as grants, raising concerns about fairness and South Africa’s debt burden
Financial system shake-up – Climate Weekly
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US, Germany back ‘fundamental reform’ of World Bank to scale climate finance
A group of 10 countries led by the US and Germany have presented the bank’s management with a plan to reform the institution this week
Corporate pushback against climate action is getting desperate
Our UN-backed initiative was told we could be sued for saying new coal isn’t compatible with science-based targets. We need regulatory reform
Compact for the climate frontlines – Climate Weekly
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Mia Mottley builds global coalition to make financial system fit for climate action
In July, Barbados’ prime minister invited leaders to a retreat to discuss plans to scale-up international finance for the climate frontlines. Now, she’s asking the world for support
When the EU and US score climate points off China, Africa suffers
Frans Timmermans and John Kerry are downplaying historic responsibility for the climate crisis. That’s a red flag for Africa
Five burning climate issues for the 2022 UN general assembly
Pakistan’s catastrophic flooding and soaring energy bills are shaping the UN agenda – for those leaders who show up
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
Massachusetts set to enable citizens to give climate finance to vulnerable nations
In a world first, the American state is expected to adopt a bill that would let people contribute to the Least Developed Countries Fund when filing their tax return
Patricia Espinosa: Some rich nations felt demands on finance were ‘too strong’
Outgoing UN climate change head says finance from rich to poorer nations is what makes the international action possible – and failure to deliver is stalling progress