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...
As COP29 enters its second week in Baku with the arrival of environment ministers, a pivotal moment for climate finance emerges across three crucial forums. While negotiators continue debating the new climate finance goal (NCQG), world leaders and finance ministers...
South Korea has won the closely-watched Fossil of the Day award, the first award of the second week of negotiations at COP29 in Baku. Korea has won the award for being the last major blocker on a potential historic deal...
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 the United Nations Climate Change Conference today, experts and advocates exposed how oil and gas corporations and their government enablers are more interested in appearing to act on climate change than taking real action, while continuing to poison communities...
As COP29 enters its sixth day, negotiators release the latest draft text for the new climate finance goal (NCQG). A critical opportunity emerges to secure real climate action through public grants rather than problematic private finance schemes.
While the draft text still includes options for real climate finance through public grants and fossil fuel phaseout support, we must fight this calculated attempt to shift responsibility to pay up from polluting nations to private investors who have time...
Today, At COP29, in the OPEC and the Gas Exporting Countries Forum (GECF) pavilions, activists directly exposed and denounced the presence of the fossil fuel industry at COP29.
As COP29 enters its fifth day in Baku, the stark choice facing negotiators is clear: either deliver real solutions through public grants of at least $1 trillion annually in public funds, or fall back on inadequate private sector mechanisms that...
Our new analysis shows many governments and finance models overstate the role the private sector can play in financing a just energy transition. This is coming to a head with the deadline for a new climate finance goal (NCQG) at...
