MDBs have exceeded their 2025 climate finance projections set in 2019, with a 25% increase in direct climate finance and mobilisation for climate efforts doubling over the past year ...

External climate finance for developing countries, minus China, needs to triple to $1 trillion per year by 2030, and risks growing higher the longer it is delayed in this decade, an influential panel ...

In theory, it is meant to allow African nations to sell carbon credits generated by forest preservation or emission ...

UN climate talks in Baku struggle with a lengthy draft on climate finance goals, facing challenges in condensing and aligning ...

As world leaders met at Cop29, UN-appointed experts said countries must ramp up climate finance to avoid the worst impacts of ...

African nations on Wednesday said attempts by rich nations to include developing countries in the donor base was the biggest obstacle impeding progress on a new climate finance package, the central ...

It took countries months to condense a 34-page text from Bonn into a 9-page draft by October. Now it’s back to 34 pages, ...

The new draft also suggests that countries should stop using climate finance to support fossil fuels or 'emission-intensive' ...

At COP29, South Asian neighbours demand more climate finance from rich countries as toxic air and climate change wreak havoc ...

The lack of accessible and affordable financing hampers project developers' ability to deploy technology effectively ...

The draft of the NCQG text, released for debate, has underscored tensions, with countries navigating the complexities of ...

getting out of COP29 without having a very clear agreement on the new collective quantified finance goal is not going to be ...