At talks in Abu Dhabi today, the US and EU are pushing for the new loss and damage fund to be hosted by the World Bank.
As a board committee member of a fund hosted by the World Bank, I want to warn…
EU countries on Monday (16 October) adopted a common stance for the United Nations Cop28 international climate conference but language on the EU’s emissions reduction target and fossil fuel exit goal…
COP offers hope in our battle against climate chaos. The target is not only aligned with limiting temperature to 1.5C, it is reasonably likely to be agreed in Dubai.
But to realise this aspiration…
Since their inception more than 30 years ago, carbon offsets have given false comfort to those seeking easy solutions to the climate crisis.
Encouraging one party to continue pumping greenhouse…
Although the phase out of fossil fuels has got most of the attention at Cop28, the outcome that will likely make the biggest difference to most people on the planet in the short- and medium-term is…
On my way home from a recent holiday in France, I drove past Saint Nazaire shipyard. On the dry dock, dwarfing everything around it, was Royal Caribbean’s new cruise ship under construction – Utopia…
As we enter the second and decisive week of Cop28 in Dubai, an agreement to phase out all fossil fuels and scale up renewables is edging close to a pivotal decision.
In these kind of talks just a…
Living on a floating island off the Gulf, Samuele Landi advises a little-known company with big plans to shake up the carbon offsetting market.
Blue Carbon plans to take over forested areas the size…
In September, Indonesia’s President Joko Widodo opened the country’s first carbon exchange IDX Carbon, declaring “this is Indonesia’s real contribution to fight with the world against climate crisis”.
After cyclone Freddy ravaged Malawi at the start of the year, mother-of-nine Elube Sandram was left staring at a trail of devastation.
Flood water had destroyed all her corn crops, an essential…
Rich countries “look likely” to have met a long-overdue goal to provide $100 billion a year in climate finance to vulnerable countries in 2022, two years later than promised.
The UN’s flagship climate fund has raised $9.3 billion from rich governments to help developing nations go green and protect people from the impacts of climate change – less than in its last…
The UN’s flagship climate fund has suspended payments to a $117 million forest protection project in the Central American nation of Nicaragua over human rights concerns, the first such decision since…
The world’s largest private oil company is being forced to reckon with the clash between its business model and international climate goals, after a “historic” showdown with investors.
At ExxonMobil…
The United Kingdom’s reported plan to break its flagship international climate finance pledge is “disappointing” and undermines trust, climate negotiators from developing countries told Climate Home…
Germany plans to support new gas projects overseas until 2025 in a potential breach of its commitment to end international fossil fuel financing.
The government’s export credit agency has released…
The president of the Cop28 climate talks has blamed rich nations’ “dismal” failure to provide $100 billion a year in climate finance to developing countries for “holding up” progress in negotiations…
As world leaders meet tomorrow in Paris to discuss the role of public finance in addressing “climate change and the global crisis”, delegates should press multilateral development banks (MDBs) to…
A group of leading global development banks has agreed on long-awaited principles to align new financing with national and international climate goals.
The International Finance Corporation (IFC), the private sector arm of the World Bank, is to stop supporting new coal projects, a move described by campaigners as welcome but long overdue.
© Copyright 2019. All Rights Reserved.
Maintenance & Support
