UN Climate Ambition Summit 2023: Who’s leading the charge?
Topics like Loss and Damage Fund, fossil fuel phaseout and $100-billion climate finance promise remain inconspicuous
Pay attention to what’s happening with the Loss & Damage Fund
Climate justice hangs in the balance, as developed countries look for exit routes and seek to narrow eligibility for receiving money
African leaders demand financial systems reform; launch ‘Africa Club’ at 37th African Union Summit
African heads of state highlighted need for transformation of global financial architecture to address climate & development needs
COM2024: Climate financing hurdles take centrestage at African economic ministers’ conference
Some of the home-grown financing solutions that some African countries have already started embracing include carbon trading
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
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
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
PM Modi: Climate action ambitions must match with action on climate finance
Calls for democratising climate action in a blog article
‘Inaction of leaders led me to protest’: 12-year-old Manipuri activist shares her story after COP28 protest
Teachers and first-hand experience of facing weather extremes pushed the girl into activism
Climate finance goal of $100 billion close to achievement, but still not met, shows OECD report
The goal may have been met in 2022, says OECD, but based on “preliminary and as yet unverified data”
COP28 recap: Climate finance negotiations showed little progress
New climate finance goal discussions remained limited to process, substantive elements pushed to COP29
COP28: New finance goal faces tenuous negotiations
Divergence on Paris Agreement Article 2.1c continues; Brazil points out developing countries’ needs not reflected
Wealthy nations less likely to fulfil climate adaptation finance goal: Report
Support for gender-responsiveness was found to be lacking
COP28 diary (December 6): Santiago Network draft adopted; scientists promote tech to curb methane emissions
Ecuador negotiator talks about challenges to consolidate unified position on Global Goal on Adaptation; Spain minister calls for enlarging base …
COP28: Agrifood most climate-affected sector but finance flows to it fell by 12% in 2021, reveals FAO
FAO reveals global roadmap for food systems; experts say it fails to target fossil fuels
COP28: Rich countries must commit more climate finance for adaptation of African livestock sector, say experts
Investments necessary to sustain fastest-growing population on planet, write African leaders, scientists and experts
COP28 diary (December 4): Developing countries reject GGA draft, vote of support for rechanneling Special Drawing Rights
New Global Stocktake text to be published December 5, World Bank announces 5 new initiatives