COP27 diary (November 12): ‘US won't support legal structures for loss and damage liabilities’
A round-up of what went on at the Sharm El-Sheikh summit
Run up to COP27: Only a quarter of global climate finance flows into Asia; much of that in loan
India received a total of $37.1 billion in climate finance during 2013-2020
Corporate social responsibility practices in the times of COVID-19: A study of India’s BFSI sector
Banking, finance and insurance firms must understand the areas in which the society needs action and focus on them
High road to Dubai COP28: 6th Technical Expert Dialogue on New Collective Quantified Goal held at Bonn
Quantum of new climate finance goal should be based on needs of developing countries, backed by science & tied to specific outcomes, …
Funds for clean air: Get the blueprint right
Committed funds for clean air action excites hope. Needs strong performance metrics. But there are also risks of underfunding some key sectors of …
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
New report puts a $759 billion price tag on decarbonising global petrochemicals sector
BloombergNEF study explored how to cut emissions from fossil fuel’s non-energy uses
Government funds are not ‘taxpayer money’ — media and politicians should stop confusing the two
Kowtowing to a myth of ‘taxpayer money’ may act as a handbrake on decisive action
India needs to invest urgently in climate action
The government should engage with sector experts and increase participation of leading organisations in the field of climate finance
Climate Finance - Update I
EU leaders agree on climate finance
How good are green bonds
There has been a steady pick-up in green bonds in the last half a decade. Half the volume, however, came from only 5 countries
Billions are needed for climate adaptation — now some frontline communities are deciding how the money gets spent
Examples from Namibia range from drilling solar-powered borehole pumps for water access to investing in firefighting equipment to prevent the …
Extreme weather hits economies, hurts Asia most: WMO report
Loss due to landslides increased by 147% compared to average in the past 20 years
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
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
We must catalyse innovation towards sustainable finance to enhance India’s climate resilience
Tapping the vibrant innovation ecosystem and enabling smooth green finance can drive the adoption of sustainable projects
Loss and damage: Who is responsible when climate change harms world’s poorest countries?
Countries in Africa have some of the lowest national greenhouse gas emissions, and yet the continent is home to many of the world’s …
Libya floods 2023: Why the Loss and Damage fund should be operationalised equitably
Developing countries say all of them should be able to access the funds and not specifically some country groupings
Africa’s financial sector must cope with climate risk for smooth transition to Net Zero: Report
At least 49 banks in Africa have over $200 billion in lending across sectors with high-potential climate risks
Lack of finance data hampers climate goals in South Africa: Report
South Africa is the world’s 14th largest emitter of carbon dioxide. Its national climate change response policy calls for inclusion of …