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…
Tag: climate
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…
Carbon capture gets its day
Sign up to get our weekly newsletter straight to your inbox, plus breaking news, investigations and extra bulletins from key events The world isn’t cutting emissions fast enough to avoid disastrous…
US pledges $1bn to Green Climate Fund after six-year hiatus
Joe Biden urged leaders of major emitting economies to step up efforts to roll out zero-emission vehicles, cut methane emissions and deploy carbon capture technologies The US will provide $1…
UN’s Green Climate Fund too scared of risk, finds official review
The UN’s flagship climate fund is struggling to clearly manage risks in its projects, an independent review has found, making it wary of taking on high-impact projects in developing countries…