Climate Change Finance

African Activists Call on the West to Finance Climate Action

As the technical session of the global climate negotiations enters the final stretch in Bonn, Germany, climate activists from Africa have expressed fears that negotiators from the developed world are dragging their feet in a way to avoid paying their fair share to tackle the climate crisis. “I think we will be unfair to the snail if we say that the Bonn talks have all along moved at a snail pace,” quipped Mohammed Adow, the Director, Power Shift Africa.

Climate Finance: The Planet is Speaking, Listen and Respond with Justice

As the planet groans under record-breaking temperatures and extreme weather events, Africa, which is responsible for only two to three percent of global emissions, stands out disproportionately as the most vulnerable region in the world.  António Guterres, the United Nations Secretary-General’s special address on climate action titled ‘A Moment of Truth’ said 2024 was the hottest May in recorded history, and that this marks twelve straight months of the hottest months ever. For the past year, every turn of the calendar has turned up the heat.

World Environment Day: UN Secretary-General Reckons with ‘A Moment of Truth’ on Climate Action

Coming at a time of record-breaking global temperatures over the last twelve months, the UN chief calls on world leaders, including the G20 and G7 members, to commit to their climate action goals as laid out in the Paris Agreement. Experts across multiple industries are also encouraged to do their part to mitigate the impact of the climate crisis.

Explainer: How India’s Political Parties Neglect Climate Change

As India's 968.8 million voters were gripped by election fever, the worst-ever heat wave held the country in its clutches. 

Commonwealth Secretary-General Calls for Concrete Finance Commitments for Small Island Developing States

Commonwealth Secretary-General Baroness Patricia Scotland is calling for concrete commitments to climate finance that will acknowledge the multi-dimensional vulnerability faced by the world’s small island developing states (SIDS).

Uniting for Climate Action: UN, World Bank and UNDRR Leaders Push for Climate Finance, Justice and Nature-Based Solutions for SIDS

As leaders of Small Island Developing States (SIDS) meet for the 4th International Conference on SIDS in Antigua this week, top United Nations and World Bank officials are calling for urgent action to help SIDS tackle their unique challenges and plan for the next decade.

Small Island Nations Demand Urgent Global Action at SIDS4 Conference

“This year has been the hottest in history in practically every corner of the globe, foretelling severe impacts on our ecosystems and starkly underscoring the urgency of our predicament. We are gathered here not merely to reiterate our challenges, but to demand and enact solutions,” declared Antigua and Barbuda Prime Minister Gaston Brown at the opening of the Fourth International Conference on Small Island Developing States on May 27.

Explainer: Understanding Carbon Trading and its Rationale

Carbon trading has gained growing popularity on the African continent and is considered by many governments as a viable way to achieve their climate targets while building communities. IPS takes a look at what's behind the carbon market.

Malawi Moves To Regulate Carbon Trading Amid Transparency Concerns in Global Market

Malawi is increasingly pitching carbon trading as a source of revenue it needs to bolster the economy, which is suffering from foreign exchange shortages caused by a large trade imbalance and being buffeted by several shocks, including the climate crisis.

Countdown to Critical Conference for Small Island Developing States

Delegates from small island developing states (SIDS) worldwide are meeting in Antigua and Barbuda to strategize for the next decade.

International Diplomat Erik Solheim on Politics, Climate Change, Much-Needed UN Reform and Trump

Erik Solheim, a senior internationally renowned politician and diplomat, has long been an advocate for combining development assistance with private investment and better taxation systems in recipient countries. 

LDCs Need Concessional Grants, Not Loans, Say Experts

Olaide Bankole was born and raised in Nigeria, and he observed how climate change was evident in the country with temperature rises and rainfall variability and how drought, desertification, and sea level rises have been affecting its people. He is also aware of how rising sea levels threaten southern Nigerian cities like Lagos and coastal areas, increasing their vulnerability to flooding and waterborne diseases.

Climate Crisis in Mountains: Borderless Struggle for Frontline Communities

For the last three years, Sambhunath Guragain has been waking up every morning to a view he doesn't want to see: discarded agricultural land where he and his family used to grow food, including rice, but the flood in 2021 changed everything. “We don’t have any crops now, but we are farmers,” Guragain said in November 2021, while looking towards a quietly flowing Melamchi river. This was six months after the massive flash flood in Helambu-Melamchi in Sindhupalchowk district in Nepal. After three years, the situation hasn’t changed.

UN Live’s CEO Katja Iversen Talks About the Power of Popular Culture and ‘Sounds Right’

UN Live’s CEO, Katja Iversen, says the way to engage people in the environment is through popular culture—film, music, gaming, sports, food, and fashion. She is excited about the Sounds Right project, which puts the sounds of nature—bird songs, waves, wind, and rainfall—at the center of a campaign to support those involved in climate action.

Women Affected by ‘Gender-Biased’ Climate Change Deserve Justice

While research into the unequal impacts of climate change on women is growing, more is needed to enable them to realize their rights to climate justice. Researchers argue that women and girls have unequal access to food, water, health, education, and even income, thanks to climate change. This makes them more vulnerable.

It’s Africa’s Time To Shine, says UN Under Secretary Claver Gatete

With 20 percent of the global population and vast untapped natural resources, not forgetting its human capital, it is time Africa had its rightful seat at the global table, the United Nations Under Secretary and Executive Secretary of the Economic Commission for Africa (ECA), Claver Gatete, has called.

Road to COP29: Highest Climate Ambitions Needed to Decarbonize World

The road to COP29 has begun in earnest in the backdrop of a global climate report indicating that not only was 2023 the warmest year in a 174-year climate record, it was the warmest by far. Record-breaking temperatures, combined with El Niño, pushed vulnerable and poor nations in the Global South to the frontlines of extreme and severe weather events.

Snow Tales: ‘Too Little, Too Late,’ Say Climate Experts

Alpine skier, 28-year-old Muhammad Karim, has spent the winter with his eyes skyward, wishing and hoping for deep and abundant snow.  “My bread and butter depend on the snow,” said the Olympian, who is also a ski trainer, at Naltar Ski Resort, in the valley by the same name nestled in the Gilgit-Baltistan’s Karakoram mountain range.

From Chemical Engineer to Climate Justice Avenger: A Journey with Yamide Dagnet

As a child on the French-Caribbean island of Guadeloupe, Yamide Dagnet dreamed of launching rockets into space. She stuck to science, discovering her path in chemical engineering. She became a scientist focused on critical reactions to solving real-world problems like improving water quality in the United Kingdom.

What’s in Store for Indian Farmers After Cop 28’s Conclusion in Dubai?

Durga Das*, a 59-year-old farmer from the Indian state of Maharashtra, committed suicide last year by ingesting a poisonous substance. He was unable to repay the loan he had taken from the bank for the renovation of his single-story house. This year, his 32-year-old son, Pradeep Das, a father of two children, is equally desperate. The family owns half an acre of cultivated land where they grow cotton. The harvest has been devastated due to intense heat waves, leaving farmers like Dass and his son Pradeep in dire straits. The loan the family had taken is yet to be paid, and the land they had mortgaged in the bank is about to be confiscated. This means no crops, no cultivation, no business, and no food.

Saving Energy, Saving Forests: How Kindle Stoves Are Changing Women’s Lives

Five years ago, farmer Sehlisiwe Sibanda would walk into a nearby forested area to fill a scotch cart with huge wood logs for cooking and heating; a pile of firewood would last her a week during the summer. But now she does not need a cartful of huge logs. Small branches and twigs are enough to last for more than a month.

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