climate finance

villagers survey the damage from mudslides, which were triggered by a heavy downpour in october 2018

Climate finance misses its mark in Ugandan landslide zones

On the slopes of Mount Elgon, residents live in fear of the next deadly landslide, as tree-planting solutions fail to take root. The slopes of Mount Elgon saw one of Uganda’s deadliest natural disasters in 2010, when 365 people died in landslides triggered by torrential rain.

despite broad public concern about rising drought and bushfire risk, australia's government has failed to bring emissions down

Australia stops payments to Green Climate Fund

Australia will stop contributions to the UN’s major fund for battling climate change this year, according to government budget papers released on Tuesday. With a federal election looming, the government followed up on prime minister Scott Morrison’s threat not to “tip money into that big climate fund”.

peng liyuan, xi jinping, emmanuel and brigitte macron meet

China’s Xi backs climate-friendly finance on Europe tour

Xi and his French counterpart Emmanuel Macron promised to “resolutely defend” the UN system, implement the Paris Agreement on climate change and mobilise finance to meet its goals. That contrasts with the US administration’s rejection of the Paris deal under Donald Trump.

a proposal to add a green subsidiary to the european investment bank

Macron puts European climate bank on EU election agenda

Macron wrote in an op-ed on the renewal of Europe published on Tuesday in outlets across 28 EU states, “The European Union must set its ambition and adapt its policies accordingly with such measures as a European Climate Bank to finance the ecological transition”

straubenhardt windfarm

Carbon clubs turn national self-interest into climate action

How did Poland, one of Europe’s strongest advocates for coal power, end up with one of the world’s strongest carbon prices? — Strange as it may sound, the coal-promoting host of this year’s climate negotiations, Poland, has one of the strongest carbon prices in the world. The reason is largely one of economic self-interest. Understanding it can …

Carbon clubs turn national self-interest into climate action Read More »

delegates at the cop24 in katowice, poland

UN climate finance rules ‘dragging’ amid fight over who reports what

Developing countries want to know how much aid is coming; rich countries worry about ‘constitutional constraints’, at Cop24 climate talks in Katowice — Financial aid for poor countries – and how it is counted, publicly reported and locked in for the future – is one of the biggest sticking points in global climate change negotiations. …

UN climate finance rules ‘dragging’ amid fight over who reports what Read More »

kenuchi suganuma

Japan bids for top climate finance job, citing $1.5bn contribution

As the biggest donor to the Green Climate Fund, Japan said it had a ‘responsibility’ to ensure it is run well — Japan is making a play for one of the most politically critical jobs in international climate finance. The executive director vacancy at the Green Climate Fund has been openly advertised, with a 12 …

Japan bids for top climate finance job, citing $1.5bn contribution Read More »

Scroll to Top