Recognise ‘Un-enabling’ environment that prevents climate finance access, says Global South at UN talks in Cartagena
Experts & governments met for technical discussions and negotiations on New Collective Quantified Goal on climate finance
Key takeaways from the World Bank-IMF Spring Meetings 2024
The two Bretton Woods Institutions need to build momentum to deliver money for climate finance
UN Permanent Forum on Indigenous Issues: Progress towards protecting indigenous territories slow, say experts
Though the Indigenous Peoples have a crucial role in protecting land, they receive less than 1% of climate finance
Earth Day 2024: Bhutan will host global meet today to mobilise finance for tiger conservation across Asia
World needs to invest $1 billion over next decade to conserve tigers and their habitats across the continent
Scaling up private finance is crucial to bridge funding gap for climate change projects
India’s climate pledges need a staggering $10 trillion financial investment, about three times the country’s GDP
Politics is a party
COP28: New Initiative to tackle debt & climate change launched by Kenya, Colombia, France
Countries announce coalition of experts to review linkages between debt, nature and climate change
COP28: African youths want industrialised nations to more than double adaptation finance in Africa
Even if adaptation finance was doubled to $40 billion, it wouldn't still meet the assessed needs, they highlighted
UN projects food inflation to go up in 2024 due to El Nino, rising geopolitical tensions
May impact food insecurity, poverty; scaling up climate financing critical to help developing countries cope with climate impact
COP28: Global Stocktake adopted, final text attempts stronger language on fossil fuels
Language calling out production of fossil fuels is now missing — a trade off for not making actions optional
Global climate finance increasing, but scale & pace not enough: New report
Increase in overall average climate finance flows to the one trillion threshold represents only 1% of the global GDP
Marginal triumph at COP28
The world agreed to transition away from fossil fuels at COP28 Dubai, besides operationalising a Loss and Damage Fund; it did not set a deadline …
COP28 Diary (December 10, 2023): New GGA draft weaker than previous text, countries talk about finance gaps at Majlis
Parties still not on same page about responsibilities in GST text; final texts on carbon market expected December 11
Children in 48 African countries at high risk of climate change impacts, says UNICEF report
International climate finance does not prioritise children, says UNICEF
Africa needs diversified green funds to plug climate adaptation finance gap of $41.3 billion: Report
Climate change may lead to an equivalent annual GDP loss of 10-20% in Africa by 2100
Extreme weather hits economies, hurts Asia most: WMO report
Loss due to landslides increased by 147% compared to average in the past 20 years
Wind power in India: Report blames COVID-19 pandemic for slowest growth in decade
India added just 1.1 gigawatt of onshore wind projects in 2020
Typical US
Anyone but US is the problem
Bihar set to increase size of its green budget for next financial year
After education and health, major provisions will be made for the green budget, said officials
COP28 Dubai: Climate finance to developing countries needs to quadruple by 2030 to reach Paris goals, says new report
Developed countries must lead by tripling the amount of bilateral concessional finance by 2030, say authors
Africa needs to double energy investments to achieve energy, climate goals by 2030: IEA
Full access to modern energy by 2030 will require investment of $25 billion per year
Sub-Saharan Africa’s debt burden increased to record $702 billion in 2020 — highest in a decade
The region has more debt than it can pay off
Berlin’s grassroots plan to renationalise up to 200,000 ex-council homes from corporate landlords
PM Modi: Climate action ambitions must match with action on climate finance
Calls for democratising climate action in a blog article
COP27: Adaptation pledge sum 35% less than Glasgow, despite UN call for more support
Forty per cent of adaptation fund pledged in Glasgow not yet met