Simon Jessop
UN calls for $2.6 trillion investment to reverse land degradation
Failure to restore degraded land harms U.N. efforts to cut emissions, protect biodiversity, and address agriculture's impacts.
Business seeks details in face of mixed COP29 climate messages
If nations deliver clear climate policies next year, COP29 finance and carbon market deals could unlock billions in the business world.
COP29 agrees on deal to kick-start global carbon credit trading
Countries agreed on a deal at the COP29 climate conference on Saturday on rules for a global market to buy and sell carbon...
Fragile countries make $20 billion climate finance push at COP29, letter says
"A flood situation in South Sudan or Somalia creates more catastrophe than it would in any other developing country."
JPMorgan gives green energy finance ratio for the first time
Banks are increasingly under pressure from investors to show how they are helping clients in the transition to clean energy.
At COP29, development lenders set $120 billion climate finance goal for poorer countries
Global banks pledge $120B yearly climate aid by 2030, targeting low-income nations, boosting private sector investment.
COP29: Host nation Azerbaijan hits out at West in defence of oil and gas industry
At COP29, UN's Guterres urged world leaders to boost climate finance, warning, “Pay up, or humanity will pay the price.”
ADB increases climate finance after US, Japan give world’s first sovereign guarantees
The Asian Development Bank to boost climate lending by $7.2B as the U.S. and Japan back loans with world first sovereign guarantees.
Developing world faces multi-billion climate adaptation cash gap, U.N. report says
Developing nations need $359B yearly to adapt to climate change, yet funding in 2022 hit only $28B, a UNEP report shows.
Morgan Stanley lowers climate target, warns on sluggish transition
Morgan Stanley has adjusted its lending strategy to align with capping global warming at 1.5 to 1.7°C, moving away from its previous strict...
