Tag: Finance

COP31 must deliver finance for Africa or there will be no implementation

Environmental News & Analysis
Nana Antwi-Boasiako Amoah is chair of the African Group of Negotiators on Climate Change. Charles Wanguhu is director of...

COP30 roadmap says faster use of existing tools can halt forest loss by 2030

Environmental News & Analysis
Brazil's COP30 presidency has unveiled a much-anticipated plan to halt forest loss around the world, saying a global target...

Africa launches long-delayed energy bank to finance fossil fuel projects

Environmental News & Analysis
After repeated delays, the Africa Energy Bank (AEB) was officially launched this week - tasked with financing oil and...

COP17 delivers fragile deal to boost conservation and funding for nature

Environmental News & Analysis
Governments at the COP17 nature summit in Armenia agreed on Saturday to scale up their policies to protect the...

Stalemate on finance at COP17 nature talks exposes need for new sources

Environmental News & Analysis
Negotiations on finance at a key UN summit where governments are expected to ramp up "insufficient" nature conservation policies...

Why COP31 needs to start talking about just transition finance

Environmental News & Analysis
Tens of billions of dollars in international climate finance have been pledged this decade for a “just energy transition”...

Loss and damage fund agrees $20m for Nepal but rich nations warn it should not set precedent

Environmental News & Analysis
The board of the UN's Fund for Responding to Loss and Damage agreed on Thursday to set aside $20...

Under US pressure, World Bank says it will back gas “where appropriate”

Environmental News & Analysis
The World Bank president said on Friday his organisation will continue to support some gas projects in developing countries...

Countries urged to ramp up “insufficient” nature policies at COP17

Environmental News & Analysis
A first set of biodiversity plans filed by countries to reverse nature loss are "insufficient" to meet this decade's...

World Bank and IMF should lead the financial system in responding to the climate crisis

Environmental News & Analysis
Sandra Guzmán is director at the Climate Finance Group for Latin America and the Caribbean (GFLAC), and Raju Pandit...