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After cyclone Freddy ravaged Malawi at the start of the year, mother-of-nine Elube Sandram was left staring at a trail of devastation. Flood water had destroyed all her corn crops, an essential…

Rich countries “look likely” to have met a long-overdue goal to provide $100 billion a year in climate finance to vulnerable countries in 2022, two years later than promised. 

The UN’s flagship climate fund has raised $9.3 billion from rich governments to help developing nations go green and protect people from the impacts of climate change – less than in its last…

The UN’s flagship climate fund has suspended payments to a $117 million forest protection project in the Central American nation of Nicaragua over human rights concerns, the first such decision since…

The world’s largest private oil company is being forced to reckon with the clash between its business model and international climate goals, after a “historic” showdown with investors. At ExxonMobil…

The United Kingdom’s reported plan to break its flagship international climate finance pledge is “disappointing” and undermines trust, climate negotiators from developing countries told Climate Home…

Germany plans to support new gas projects overseas until 2025 in a potential breach of its commitment to end international fossil fuel financing.  The government’s export credit agency has released…

The president of the Cop28 climate talks has blamed rich nations’ “dismal” failure to provide $100 billion a year in climate finance to developing countries for “holding up” progress in negotiations…

As world leaders meet tomorrow in Paris to discuss the role of public finance in addressing “climate change and the global crisis”, delegates should press multilateral development banks (MDBs) to…

A group of leading global development banks has agreed on long-awaited principles to align new financing with national and international climate goals.

The International Finance Corporation (IFC), the private sector arm of the World Bank, is to stop supporting new coal projects, a move described by campaigners as welcome but long overdue.

A Japanese state-owned bank is using a green fund to finance a Vietnamese coal power plant, sparking accusations of “egregious greenwashing”. The Japan Bank for International Cooperation (JBIC) …

Africa is in the grip of a food crisis triggered by soaring fertiliser prices, extreme weather events and disruption caused by the coronavirus pandemic. Fertiliser prices have increased by 300% in…

Weeks before African leaders travelled to Nairobi for the continent’s first climate summit in September, climate justice groups wrote to Kenyan president William Ruto accusing consultancy firm…

For 15 years, John Gakpo has milled corn to make kenkey – a cornmeal dumpling and Ghana’s staple food – in a dimly lit wooden shack in a suburb of Accra, the country’s capital.  In the past, his…

Pascaline Mazibuko has become a recurrent voice in government consultations on the energy transition in Emalahleni, a municipality of South Africa’s energy heartland Mpumalanga province. The former…

African leaders have criticised their European counterparts for missing a summit in Rotterdam on how Africa can adapt to climate change. While three African presidents flew to the Netherlands for…

France and Kenya are set to launch an international taxation taskforce at Cop28 to push for new levies to raise more money for climate action. The governments are in advanced discussions with a…

At the recent Cop28 climate talks in Dubai, hordes of Sudanese workers in blue jackets and lanyards helped guide lost delegates around the sprawling venue. But, while protests about the war in Gaza…

There is increasing hype and push for so-called voluntary carbon markets in Africa. Politicians, businesses, some NGOs and big philanthropy are trying to get an African Carbon Market Initiative off…