Focus on G20
Breakthrough in Baku delivers $1.3tn “Baku Finance Goal”
24 November 2024 • The Baku Finance Goal sets new global target to channel $1.3tn of climate finance to developing countries by 2035...
COP29 climate summit overruns as $250 billion draft deal stalls
COP29 climate talks extend past deadline as nations clash over a $250B annual funding plan, with developing countries demanding more.
UN chief tells countries to ‘soften hard lines’ amid deadlock in climate talks
“Amidst geopolitical divisions and uncertainties, the world needs countries to come together here in Baku."
G20 Leaders Summit 2024: Advancing the climate finance agenda
20 November 2024 • The G20 Leaders’ Summit in Rio de Janeiro proved multilateralism still prevails despite ongoing geopolitical rifts. • G20 leaders reaffirmed...
Multilateral development bank climate finance: The good, bad and the urgent
MDBs delivered a record $125B in climate finance in 2023, but adaptation funds lag; reforms and concessionality remain crucial.
Indonesia can reach net zero emissions before 2050, president says
Indonesia aims for net zero by 2050, retiring fossil fuels in 15 years and building 75 GW of renewables, says President Prabowo.
Prime Minister launches Global Clean Power Alliance as UK leads the global energy transition
The Prime Minister has officially launched the UK-led Global Clean Power Alliance, in a major boost for the world’s clean energy transition. 19...
Biden appeals to world leaders to stay in the climate fight as Trump casts shadow
Biden urges G20 to fund climate action in developing nations, unveiling $325M for fossil fuel transition amid looming Trump policy reversals.
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.
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.
