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climate finance

COP29: New negotiating texts set up battle over climate finance deal

Climate change

COP29: New negotiating texts set up battle over climate finance deal

New draft negotiating texts point way to a compromise deal, but proposals for $250bn in finance from industrialised nations fall far short of developing economy asks

clock 22 November 2024 • 9 min read
The Baku big picture

Politics

The Baku big picture

Governments will have to recognise eventually that flows of climate finance have to increase and the transition away from fossil fuels is inevitable - it is in their interests to do it now, rather than later

clock 22 November 2024 • 5 min read
'Failure is not an option': Antonio Guterres urges COP29 negotiators to 'soften hard lines' and deliver historic climate finance deal

Climate change

'Failure is not an option': Antonio Guterres urges COP29 negotiators to 'soften hard lines' and deliver historic climate finance deal

UN Secretary-General urges exhausted diplomats to find common ground, warning failure to reach deal would jeopardise climate action

clock 21 November 2024 • 6 min read
'The fight is on': New COP29 negotiating texts reveal deep divisions over climate finance

Climate change

'The fight is on': New COP29 negotiating texts reveal deep divisions over climate finance

Frustration builds at Baku Summit, as insiders warn long-awaited draft texts have failed to provide a plausible landing ground for an ambitious deal

clock 21 November 2024 • 7 min read
COP29: Industrialised and developing economies back 'No New Coal' campaign

Energy

COP29: Industrialised and developing economies back 'No New Coal' campaign

UK, Germany, Australia, and Uruguay among 25 countries launching new call to action urging governments to rule out new coal projects

clock 20 November 2024 • 5 min read
'From billions to trillions: G20 signals support for ambitious COP29 climate finance deal

Politics

'From billions to trillions: G20 signals support for ambitious COP29 climate finance deal

Wide-ranging G20 communique signals support for 'successful negotiations in Baku' and reiterates commitment to delivering bolder decarbonisation efforts

clock 19 November 2024 • 8 min read
Why sustainable procurement is imperative for a climate-resilient world

Investment

Why sustainable procurement is imperative for a climate-resilient world

Sustainable procurement is a transformative tool that can help deliver on sustainable development goals and drive down emissions, writes Anne-Claire Howard from the UN Office for Project Services (UNOPS).

clock 18 November 2024 • 4 min read
'There is a lot of frustration in the room': Pressure mounts on Ministers to break COP29 deadlock

Climate change

'There is a lot of frustration in the room': Pressure mounts on Ministers to break COP29 deadlock

Campaigners warn Baku Summit made negligible progress during the first week of talks, as fears mount US exit from Paris Agreement could spark contagion

clock 18 November 2024 • 6 min read
COP29: Negotiators deliver updated climate finance text

Politics

COP29: Negotiators deliver updated climate finance text

Slimmed down draft negotiating text on key collective climate finance target comes as Ministers prepare to arrive in Baku for second week of crunch talks

clock 15 November 2024 • 5 min read
COP29: UK unveils new carbon market principles, as climate finance negotiations rumble on

Carbon Trading

COP29: UK unveils new carbon market principles, as climate finance negotiations rumble on

Frustrations grow at Baku Summit, as leading former diplomats declare COP process is 'no longer fit for purpose'

clock 15 November 2024 • 8 min read
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