Global Climate Finance Hits $1.9tn a Year as UN Warns Progress Is Insufficient
UN Climate Change reports show global climate finance rose 32 per cent to $1.9tn a year in 2023 and 2024, while adaptation plans stall for lack of funding.
Finance
Terradot Secures $34m of Debt From HASI for Enhanced Rock Weathering
Terradot has secured $34m of debt from HASI, backed by carbon delivery insurance, to fund enhanced rock weathering projects in the US and Brazil.
Companies Report US$397bn Water Risk Exposure, CDP Finds
CDP data from more than 6,500 companies shows US$397bn in anticipated water risk exposure, with US$45bn of it sitting upstream in supply chains.
Climate-Vulnerable Countries Spend 25 Times More on Debt Than Climate Action
Climate-vulnerable countries spend 25 times more on debt than on climate action, with repayments taking 65% of revenue, new ActionAid research finds.
UK Needs £500bn of Clean Energy Investment by 2040, Banks Warn
UK clean energy investment must exceed £500bn by 2040, Santander and Standard Life research finds, with financing structures needing to change to deliver it.
COP31 Presidency Launches Bridge to Turn Pledges Into Bankable Projects
COP31 has launched the Climate Implementation Bridge to turn national climate plans into bankable projects, though civil society groups are sceptical.
Climate Finance Faces a Delivery Test
Climate finance is at the heart of discussions around climate risk and adaptation strategies for a sustainable future this week.
Climate Adaptation Finance Falls 90% Short of What Nations Need
Wealthy governments are providing only a fraction of the climate adaptation finance that developing nations...
Climate Policy and Finance Briefing: 10 Stories You Need to Know This Week
Stay updated on climate policy trends as they shape the global response to climate change and financial commitments.
Sustainable Bond Market to Reach $1Trillion in 2025
The thriving sustainable bond market is projected to see annual issuances of $1 trillion by 2025, according to Moody's.
COP29: A “Mixed Bag” of Momentum and Challenges
Interview with Ita Kettleborough from the Energy Transitions Commission. What were the successes and failure of COP29 in Baku?
17 Banks Endorse Fossil Fuel Non-Proliferation Treaty
Discover how the Fossil Fuel Non-Proliferation Treaty aims to curb CO2 emissions and transition away from fossil fuels.