To support emerging market climate transitions, developed countries and private investors are drawing up an ambitious blueprint, but is it working?
Mia Mottley says conversations on climate finance for developing nations must move from commitments to action.
New transition plan includes sector-specific targets and earmarks billions for climate solutions.
The UK’s net zero transition depends on huge amounts of private capital that can only be unlocked through climate policy certainty.
Engaging with state-owned firms is challenging and potentially less effective, Carbon Tracker warns.
Despite growing sustainable investment opportunities across Africa, “business-as-usual” finance system reinforces funding gap.
Energy companies are advocating for LNG terminals across the EU and Africa.
Adaptation themes will be incorporated into the network’s workstreams over the next two years.
With global trade highly dependent on shipping, achieving net zero may put wind in the sails of other industries’ climate ambitions.
Recognition, but not acceptance, of temperature overshoot may become a necessity for investors, companies and policymakers.
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