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climate finance

COP29: Azerbaijan Presidency confirms new climate finance goal as 'top negotiating priority'

Climate change

COP29: Azerbaijan Presidency confirms new climate finance goal as 'top negotiating priority'

Baku Summit presidency sets out priorities and timetable for annual climate talks in first official correspondence to governments

clock 18 July 2024 • 5 min read
'Without sufficient insurance, a smooth transition will be impossible': Report warns escalating climate risks could derail net zero investment

Investment

'Without sufficient insurance, a smooth transition will be impossible': Report warns escalating climate risks could derail net zero investment

New report warns global insurance premiums for climate resilience and natural catastrophe protection are set to increase by 50 per cent by 2030 putting further pressure on efforts to reach net zero

clock 26 June 2024 • 3 min read
'Make every hour count': UN climate chief calls for 'serious' progress on finance at Bonn Summit

Climate change

'Make every hour count': UN climate chief calls for 'serious' progress on finance at Bonn Summit

UNFCCC Executive Secretary Simon Stiell warns negotiators 'cannot afford' to reach COP29 without having made tangible progress on post-2025 goal for climate finance

clock 03 June 2024 • 5 min read
Wealthy nations finally met $100bn climate finance goal in 2022, OECD confirms

Climate change

Wealthy nations finally met $100bn climate finance goal in 2022, OECD confirms

Developed nations collectively mobilised $115.9bn in climate finance for developing countries in 2022, the first time thee $100bn collective annual goal has been met

clock 30 May 2024 • 5 min read
World Bank and IMF Spring Meetings deliver limited progress on climate finance

Investment

World Bank and IMF Spring Meetings deliver limited progress on climate finance

COP29 President-Designate hails 'very productive' series of meetings, but campaign groups warn far more action needed to secure ambitious outcome on climate finance in Baku

clock 23 April 2024 • 6 min read
'Crippling debt': Calls grow for World Bank and IMF reforms to combat climate crisis

Investment

'Crippling debt': Calls grow for World Bank and IMF reforms to combat climate crisis

Stephen Fry, Annie Lennox, Christiana Figueres, Forest Whitaker, and Paul Polman among those calling on G20 leaders to support global financial reforms to tackle debt and climate crises

clock 14 April 2024 • 7 min read
UK's £11.6bn climate finance goal 'at risk', watchdog warns

Policy

UK's £11.6bn climate finance goal 'at risk', watchdog warns

Controversial changes to climate finance accounting methodology last year enabled Ministers to allocate more funding to green aid target, but watchdog warns long term target will still prove 'challenging to meet'

clock 29 February 2024 • 5 min read
'Torrents, not trickles': UN climate chief calls for climate finance breakthrough at COP29

Climate change

'Torrents, not trickles': UN climate chief calls for climate finance breakthrough at COP29

Simon Stiell delivers speech in Baku calling for new agreements on climate finance and urging governments to stop 'hiding behind loopholes in decision texts'

clock 02 February 2024 • 5 min read
'Inflection point': How Africa's low carbon transition could emerge as the 'growth story of the 21st century'

Investment

'Inflection point': How Africa's low carbon transition could emerge as the 'growth story of the 21st century'

New analysis claims huge increase in climate finance tailored for African nations is urgently needed to accelerate green energy transition and hit 2030 climate goals

clock 30 January 2024 • 5 min read
Study: 2023's climate disasters expose 'global postcode lottery stacked against the poor'

Climate change

Study: 2023's climate disasters expose 'global postcode lottery stacked against the poor'

Christian Aid tots up 2023's most expensive climate disasters as it slams 'double injustice' of catastrophes costing on $400 per person on average

clock 27 December 2023 • 5 min read
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