Race to Close Global Climate Finance Gaps Amid Escalating Climate Risks

The impact of climate change continues to devastate economies worldwide, creating a pressing need for all countries to significantly increase international climate finance. To drive critical action towards reduced climate risks and sustainable economic growth calls for expanded access to affordable, predictable finance at scale.

Governments Using Billions of Public Funds to Subsidize Climate-Destructive Industries—Report

A report examining corporate capture of public finance is accusing industries fueling the climate crisis, including fossil fuel ones, of draining public funds in the Global South, singling them out for squeezing out of governments USD 700 billion in public subsidies each year.

Explainer: Why Venezuela Needs To Reduce Its Gas Flaring

The most visible part of gas flaring in Venezuela is the so-called “Monagas illuminated nights.” These are red and orange skies, which are visible from the homes of the locals at night and which show the gas flaring in the oil fields of Monagas, a state located in the east of the Caribbean country and key in its oil production.

Rural Survival: Guardians of Mother Earth Saving Mau, Revitalizing Native Lands

The Great Rift Valley is part of an intra-continental ridge system that runs through Kenya from north to south. A breathtaking, diverse mix of natural beauty that includes dramatic escarpments, highland mountains, cliffs and gorges, lakes and savannas. It is also home to one of Africa’s greatest wildlife reserves—the Maasai Mara National Reserve.

Climate Action Greatest Economic Opportunity of this Century, Says UN Climate Chief

With fewer than 100 days to go to COP29, the highest decision-making body on climate issues under the United Nations Framework Convention on Climate Change (UNFCCC), the need for creative and innovative solutions to protect lives and livelihoods is now extremely urgent.

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.

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.