Ecuador gets cheap debt write-off with promise to protect Galapagos’s nature

Ecuador will get $12 million a year to spend protecting the wildlife and habitats of the Galapagos islands, in the largest “debt for nature” deal yet Ecuador sealed the world’s…

Nations split over fossil fuels and carbon capture

An agenda-setting gathering of climate ministers saw continuing disagreement over the need for fossil fuels phase-out and the role of technology Governments are split over whether to call for a…

Verra’s revamped forest offset programme comes under fire

Verra picked a controversial carbon credit verifier to review its new forest offset rules and critics say the changes don’t fix the problem The world’s leading carbon credits certifier has…

Germany promises €2bn to global Green Climate Fund

The pledge sets the bar for other wealthy countries and puts the fund on track for what it calls a “mid” level of ambition Germany’s leader Olaf Scholz has promised…

Cop28 boss slams rich nations “dismal” $100bn finance failure

Developed nations should have met the climate finance commitment in 2020. But they are still not there. The president of the Cop28 climate talks has blamed rich nations’ “dismal” failure…

Climate Weekly – US-China talks stall but survive

When Presidents Biden and Xi sat down together at the G20 in Bali last December and agreed to co-operate on climate change despite differences on Taiwan, the climate world celebrated.…

Exxon scrambles to save investments before Colombia bans fracking

The company is looking at how to get some money back despite Gustavo Petro’s government looking to ban it from fracking in Colombia Exxon Mobil is in talks with Colombia’s…

Reporting on climate adaptation is a mess

Information about projects to help adapt to climate change is scattered, hard-to-find and incomplete, making keeping track of them impossible More and more people are recognising that the world needs…

Despite Taiwan and spy baloon tensions, China invites US for climate talks

China’s climate envoy Xie Zhenhua invited his US counterpart to China to discuss cooperation on tackling climate change Chinese climate envoy Xie Zhenhua has invited his American counterpart John Kerry…

US solar boom on hold as industry awaits subsidy rules

Solar installers are waiting to find out which solar panels are considered US-made and qualify for subsidies U.S. President Joe Biden’s plan to challenge China’s dominance in solar panel manufacturing…