climate finance

Negotiations over new collective climate finance goal remain at an impasse in Baku, as report claims proposed $1tr by 2030 target is both feasible and cost effective

Despite warm words and some encouraging funding pledges, the first phase of talks in Baku have made little progress towards agreeing a new global climate finance target

Securing climate finance on the necessary scale relies on unlocking private investment in climate solutions and change in the real economy, write WWF's Manuel Pulgar Vidal and Aaron Vermeulen

Two major new reports highlight how efforts to phase down inefficient subsidies are making scant progress

COP29 Presidency outlines plans to lead 15 separate global initiatives at Baku Summit, covering everything from green grid upgrades and hydrogen to farming, tourism, and the pursuit of world peace

We Mean Business Coalition calls on governments around to the world to provide clear fossil fuel phase out roadmaps and sector specific net zero policies ahead of crucial COP30 Summit

Baku Summit presidency sets out priorities and timetable for annual climate talks in first official correspondence to governments

New report warns global insurance premiums for climate resilience and natural catastrophe protection are set to increase by 50 per cent by 2030 putting further pressure on efforts to reach net zero

UNFCCC Executive Secretary Simon Stiell warns negotiators 'cannot afford' to reach COP29 without having made tangible progress on post-2025 goal for climate finance

Developed nations collectively mobilised $115.9bn in climate finance for developing countries in 2022, the first time thee $100bn collective annual goal has been met