UN Climate Talks at COP29 Introduce Two Divergent Financing Options
At COP29 in Baku, a new draft deal with two rival financing options highlights the ongoing divide between rich and developing nations on climate funding.
ClimateFinance
Read More
Challenges Persist as COP29 Strives to Set New Climate Finance Targets
As COP29 nears its end, setting new climate finance goals faces hurdles, with debates over targets and contributors, including the Chinese mainland’s pivotal role.
China-IFAD Partnership at COP29: Investing in Farmers’ Resilience
At COP29 in Baku, the China-IFAD partnership highlights the critical investment in small-scale farmers’ climate resilience, addressing a $75 billion funding gap to ensure global food security.
Climate Finance Takes Center Stage at COP29 in Baku
COP29 in Baku focuses on climate finance to limit global warming to 1.5°C. Key initiatives include the Climate Finance Action Fund and increased renewable energy investments.
Climate Finance Stalls at COP29 in Baku as Nations Clash on Funding
Nations at COP29 in Baku face a $1.3 trillion climate finance gap, sparking intense debates as week two approaches.
UN Urges Developed Countries to Double Climate Adaptation Funding by 2025
UN Secretary General Antonio Guterres calls on developed nations to double their climate adaptation funding to $40 billion annually by 2025, emphasizing urgent action from the recent Adaptation Gap Report.
Rwanda Champions New Climate Finance Goal at COP29
At COP29, Rwanda is advocating for a new global climate finance goal that includes support for loss and damage, emphasizing transparency and long-term resilience for vulnerable nations.
South Africa Advocates for Enhanced Climate Finance at COP29
South Africa is pushing for increased and more effective climate finance at COP29 in Baku, aiming to empower developing nations in their fight against climate change.
Funding Gaps Threaten Climate Response in Lower-Income Nations, Study Finds
A University of Melbourne study highlights how funding gaps hinder climate efforts in low- and middle-income countries, emphasizing the need for revised investment metrics.
Bund Summit: Financial Leaders Urge Speed-Up of Global Energy Transition
At Shanghai’s Bund Summit, global financial leaders emphasized the urgent need for accelerated energy transition and stronger climate finance strategies to meet global targets.