Climate finance in the spotlight at COP28 climate talks
Dubai, United Arab EmiratesReuters Money pledges stacked up at COP28 in Dubai on Monday as delegates sought to address the huge gap between what is needed in climate finance and the amounts so far on offer. The United Arab Emirates, the host of this year’s conference, pledged to mobilise $US270 billion in green finance by […]
Essay: COP27 – five things to expect from this year’s UN climate summit
JEN ALLEN, a lecturer in environmental politics at Cardiff University in the UK, looks at what’s up for discussion at COP27 in Egypt…
African nations push for more climate finance ahead of COP
Cairo, Egypt Reuters African ministers meeting in Cairo two months ahead of the COP27 climate summit called on Friday for a sharp expansion of climate financing for their continent while pushing back against an abrupt move away from fossil fuels. Egypt, an oil and gas producer considered highly vulnerable to climate change, has positioned itself […]
More needed: G7 nations agree to boost climate finance
Carbis Bay, UKReuters G7 leaders agreed on Sunday to raise their contributions to meet an overdue spending pledge of $US100 billion a year by rich countries to help poorer countries cut carbon emissions and cope with global warming, but only two nations offered firm promises of more cash. Alongside plans billed as helping speed infrastructure […]
Pounded by pandemic “storm”, poor nations need climate finance more than ever
Barcelona, SpainThomson Reuters Foundation Many developing nations are under huge financial stress from the COVID-19 crisis, making it more important than ever that they receive the funding promised by rich nations to help them tackle climate change, said the head of the Green Climate Fund. Yannick Glemarec said the poorer countries the fund supports lack […]