The UN’s flagship climate finance initiative can barely sustain its existing portfolio after a lackluster fundraising conference on Thursday The UN’s flagship climate fund has raised $9.3 billion from rich…
Tag: climate
Carbon capture technology can ease India’s energy transition
Nearly two fifths of India’s districts depend on the coal sector and a rapid phasedown would be devastating for millions of people While it pursues renewables, India is right to…
Climate ‘course correction’ on the Cop28 negotiating table
In response to a global stocktake report, ministers will debate collective goals such as phasing out fossil fuels by 2040 The United Nations has put a series of challenging climate…
Global tax on jet fuel proposed by EU climate nominee
Wopke Hoekstra argues a tax on jet fuel could raise revenue for a planned loss and damage fund, but experts warn that won’t be easy The man in line for…
Cop28 climate targets urged by its boss are met with indifference
Sultan Al Jaber urged governments to update their national climate targets by September. Not one heeded the call In July, when Cop28 chief Sultan Al Jaber laid out his battle…
ADB set to launch first coal early retirement scheme in Indonesia
A finance tool to shut down Asian coal plants up to a decade early will swing into action “soon”, says Asian Development Bank climate envoy A new financing tool that…
Vietnamese climate activist jailed in ‘unjust’ government crackdown
Five environmentalists have been jailed in the last two years, while the government works on a clean energy partnership with rich nations A Vietnamese climate activist has been jailed for…
New IEA net zero report leaves big polluters less room to hide
The International Energy Agency calls on countries to bring forward net zero targets and rely less on fossil fuel technofixes Big polluters need to move faster to wean themselves off…
The cruise industry says LNG is a climate solution. It’s not
Some of the world’s biggest cruise companies are claiming to be green, while continuing to use weakly regulated fossil fuels On my way home from a recent holiday in France,…
Brazil government eyes Amazon Fund to pay for controversial road
Brazil’s transport ministry plans to bid for money from the Amazon Fund to pave the world’s “most sustainable highway” Brazilian government officials are targeting resources from the Amazon Fund, one…
