Focus on United Nations
As COP29 eyes $1 trillion climate fund, some see new taxes as one way to get there
COP29 leaders eye $1T+ yearly for climate aid, exploring taxes on shipping, aviation, fossil fuels, crypto, and wealth to fund efforts.
UK joins coalition to phase out fossil fuel subsidies
The UK joins 16 nations in a coalition to phase out fossil fuel subsidies at COP29 in Azerbaijan.
COP29 talks buoyed by G20 support but fears stoked over fossil fuels backsliding
The G20's support for a strong finance deal at COP29 was welcomed, but concerns arose over fossil fuel commitments.
Beyond B-loans? Development banks seek private money for climate change fight
An investment manager warns of barriers to private sector investment in climate change projects, citing a lack of transparency.
Carbon Brief on COP29: Six key reasons why international climate finance is a ‘wild west’
Carbon Brief: Climate finance has long been plagued by accusations of poor transparency. Much stems from a lack of consensus on what counts.
At UN climate talks, farmers argue for a share of money dedicated to fighting climate change
Small farmers receive less than 1% of climate finance, yet they feed millions and face growing threats from climate change.
Negotiators seek to break COP29 impasse after G20 ‘marching orders’
Negotiators push to resolve deadlock at U.N. climate talks after G20 backs trillions of dollars for poorer nations.
Money to respond to climate change is key to UN talks in Baku. Nations are finding ways to raise it
Rich nations at COP29 face pressure to boost climate finance, balancing loans, grants, and leverage amid fears of debt for poorer nations.
COP29: US-UAE climate-friendly farming partnership grows to $29 billion
Launched in 2021, 'AIM for Climate' has secured $29.2 billion in funding for agricultural innovation.
Can a COP29 deal clean up scandal-ridden carbon offsets?
COP29 carbon credit deal could fund emissions cuts, but past scandals mean trust must be regained first.
