UNFCCC chief Simon Stiell has made an urgent plea to plug the body’s funding gap with government donations The UN’s climate body (UNFCCC) is facing “severe financial challenges” as the…
UN rules governing bilateral carbon offsetting between governments have yet to be agreed but deals are being done, raising concerns about integrity At the Cop28 climate summit in December, Santiago…
The UN agencies that will run the Santiago Network recommended it should be based in Nairobi but governments have instead chosen the world’s third-most expensive city Governments have ignored a…
The industry and governments’ maritime ministries want a proposed levy on emissions spent on cleaning up shipping, not used for wider climate goals like loss and damage Shipping negotiators for…
GCF head Mafalda Duarte promises a more proactive plan to bring cash to the most vulnerable countries struggling with climate impacts One of the world’s most vulnerable countries, Somalia is…
In its first such move, the Green Climate Fund has pulled out of a project after developers failed to address environmental and social compliance issues The UN’s flagship climate fund…
Fossil fuel companies that built gas power plants more than a decade ago are hoping for rewards from a new carbon credit market Fossil fuel companies are aiming to profit…
The government aims to cut the amount of energy needed for its economic growth by 2.5% in 2024, putting it far off track for a key five-year climate target China…
A levy on shipping emissions will be discussed by governments at IMO talks this month, with climate-vulnerable nations seeking funding from the industry Discussions about climate finance are usually framed…