Latest climate change news

Loss and damage board speeds up work to allow countries direct access to funds

At its first meeting, the fund’s board decided to fast-track the selection of its host country so money can be disbursed as fast as possible to disaster-hit people

Seismic shifts are underway to find finance for loss and damage

The new UN fund can channel taxes and other innovative ways of raising money to pay for climate loss and damage – we just have to decide to apply them

Hopes fade for production curbs in new global pact on plastic pollution

With no further talks scheduled on limiting plastic production before final negotiations in November, the treaty may focus instead on recycling

How to fix the finance flows that are pushing our planet to the brink

Commercial banks are financing a huge amount of fossil-fuel and industrial agriculture activities in the Global South – they must turn off the tap

G7 offers tepid response to appeal for “bolder” climate action

Climate and energy ministers from G7 nations agreed a coal exit deadline – with a caveat, but made little progress on other fossil fuels and finance

‘More than a number’: Global plastic talks need community experts

Frontline leaders who know the effects of plastic-related pollution want a global treaty that puts public health, human rights and the environment first

Southern Africa drought flags dilemma for loss and damage fund

Scientists blame the current drought on El Niño – which could exclude those affected from receiving aid for climate-change damage

Indigenous lands feel cruel bite of green energy transition 

Mining companies have been offered a path to sustainability but few are taking it – Indigenous people need to be at the table demanding change

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Limiting frontline voices in the Loss and Damage Fund is a recipe for disaster

Representatives of groups hardest-hit by the climate crisis say restrictions on their participation at the fund’s first board meeting set a worrying precedent

Will blossom of reform bear fruit? Spring Meetings leave too much to do 

Changes are afoot at the IMF and World Bank – but debt-squeezed developing nations need far faster access to more finance for climate action

Fossil fuel debts are illegitimate and must be cancelled 

The Spring Meetings of the World Bank and IMF are a chance to transform outstanding debts for fossil fuel projects into grants for renewable energy systems

SBTi needs tighter rules on companies’ indirect emissions

Businesses are not required to cut all their value chain emissions in line with a 1.5C warming limit – and allowing offsetting could weaken efforts further

Spring Meetings can jump-start financial reform for food and climate 

The World Bank and IMF have a big part to play in raising the $3 trillion needed to help countries meet global development goals and the Paris accord

Louisiana communities are suffering from Japan-funded LNG exports

When the Japanese and US leaders meet in Washington, they should back a renewable energy future that will end harm to our health and livelihoods from fossil gas

Nigeria’s path to net zero should be fully lined with trees – and fairness

To meet its pledge of net zero by 2060, Nigeria needs to rein in emissions from deforestation and land use, which equal those from the oil and gas sector

Cancellation of UN climate weeks removes platform for worst-hit communities

The UNFCCC has said it will not hold regional climate weeks in 2024 due to a funding shortfall – which means less inclusion for developing-country voices

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