As COP29 enters its second week in Baku, a parallel opportunity for climate finance leadership emerges in Paris, where OECD governments will gather to negotiate an end to $41 billion in annual oil and gas export subsidies.
At a COP29 press conference, the United Kingdom, Colombia, and New Zealand announced they are joining the Dutch-led Coalition on Phasing Out Fossil Fuel Incentives (COFFIS) launched at COP28. While Civil Society Organizations applaud the growing membership, they urge all members...
Rio de Janeiro, Brazil - Today, UK Prime Minister Starmer and Brazilian President Lula launched the Global Clean Power Alliance (GCPA) at the Brazil-led G20. The initiative focuses on supporting emerging and developing economies with building out clean energy, including...
With the clock ticking in Baku, negotiators must secure an agreement that delivers at least $1 trillion yearly in public finance to support Global South countries in implementing climate solutions and a fair fossil fuel phaseout.
"The draft climate finance deal is a mixed bag with good, bad and ugly options. Rich countries now have a last chance to step up to pay the climate debt they owe to the Global South and unlock a fair...
Today, nearly 300 organizations from around the world sent a letter to President Biden that calls on him to use the time he has left to stop the further expansion of LNG infrastructure, globally and in the US.
With time running out in Baku, negotiators must secure an agreement that delivers trillions yearly in public grants—not dangerous distractions that deepen inequalities.
The $300 billion climate finance offer at Baku is a scam — nowhere near what's needed and not debt-free. Rich countries are planning for fossil fuel phaseout failure and dodging responsibilities by forcing developing countries and the private sector to...
Norway, a major oil & gas-producing nation, fulfills Clean Energy Transition Partnership (CETP) pledge made a year ago at COP28 climate summit in Dubai Norwegian government institutions can no longer use government-backed finance to fund fossil fuel projects abroad Norway’s...
This NDC is the first to acknowledge the need to phase out fossil fuels – yet it utterly fails to deliver.
