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
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
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
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
COP27: Developing & developed blocks lock horns over new climate finance roadmap
Wealthy nations want to expand the donor base with New Collective Quantified Goal
PM Modi: Climate action ambitions must match with action on climate finance
Calls for democratising climate action in a blog article
Adaptation Gap Report 2022 raises alarm on climate finance
International adaptation finance flows are 5-10 times lower than required
‘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”
Bonn climate conference: Glasgow ‘colonial’ pact shifts burden of climate change to developing countries, say parties
Inadequate climate finance among the biggest challenges for developing countries bloc
COVID-19 stimulus: Coal auctioning move along the lines of January ordinance
The Centre had relaxed norms required for mining and sale of coal in January 2020
Shift health to concurrent list: Expert group to Finance Commission
Activists voice concern about some recommendations by panel
UNCCD CoP: Centre unclear how states are spending money allotted for forests
The 14th Finance Commission had given 7.5 per cent weightage to forest cover