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.
A Japanese state-owned bank is using a green fund to finance a Vietnamese coal power plant, sparking accusations of “egregious greenwashing”.
The Japan Bank for International Cooperation (JBIC) …
Africa is in the grip of a food crisis triggered by soaring fertiliser prices, extreme weather events and disruption caused by the coronavirus pandemic.
Fertiliser prices have increased by 300% in…
Weeks before African leaders travelled to Nairobi for the continent’s first climate summit in September, climate justice groups wrote to Kenyan president William Ruto accusing consultancy firm…
For 15 years, John Gakpo has milled corn to make kenkey – a cornmeal dumpling and Ghana’s staple food – in a dimly lit wooden shack in a suburb of Accra, the country’s capital.
In the past, his…
Pascaline Mazibuko has become a recurrent voice in government consultations on the energy transition in Emalahleni, a municipality of South Africa’s energy heartland Mpumalanga province. The former…
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