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2 Aug 22
Rich countries must step up the level of climate finance they allocate to developing economies after a decade-long target was missed, the OECD has said.
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17 May 22
A deal between South Africa and some of the world’s richest countries, hailed as a potential blueprint for future climate finance, is still under negotiation more than seven months after being...
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2 Dec 21
Some countries’ post-COP26 plans to end financing for natural gas exploration would only serve to increase the “injustice” felt by Africa, the president of Senegal has told a summit.
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15 Nov 21
Developed nations and finance organisations need to commit more funding to poorer countries after last weekend’s climate change agreement failed to set overarching targets, according to experts.
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11 Nov 21
Pacific countries struggling against the effects of climate change need financial solutions that do not increase their debt, the prime minister of the Cook Islands has said.
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3 Nov 21
The Asian Development Bank has launched two multi-billion-dollar pilots aimed at the early retirement or repurposing of coal power plants, to help meet long-term climate goals.
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3 Nov 21
South Africa will receive $8.5bn from some of the world’s most advanced economies to help transition away from coal power and meet its climate commitments.
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2 Nov 21
Indian prime minister Narendra Modi has called for improved finance opportunities to help address climate change, after the nation pledged to hit carbon neutrality by 2070.
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13 Oct 21
The United Nations COP26 climate conference in Glasgow must be a turning point in the global fight to limit global warming and finance ministers need to play their part, the head of the UN has said.