Developing nations should not bear the brunt of the climate crisis caused by the industrialized world’s historical emissions. This was the resounding message as the Solomon Islands, India, and Iran, among others, presented their cases before the International Court of Justice (ICJ). The submissions from three nations—Solomon Islands, India, and Iran—converged
Tag: climate finance
Rich, poor nations split over climate deal at COP29
Climate finance talks make little progress
International negotiations on money to help developing countries tackle climate change concluded without a breakthrough this week, just two months before Azerbaijan hosts the United Nations climate summit. The Azerbaijani chair of the COP29 summit voiced concern after the four-day talks concluded on Thursday, while NGOs accused richer nations of blocking
Climate finance talks make little progress
International negotiations on money to help developing countries tackle climate change concluded without a breakthrough this week, just two months before Azerbaijan hosts the United Nations climate summit. The Azerbaijani chair of the COP29 summit voiced concern after the four-day talks concluded on Thursday, while NGOs accused richer nations of blocking
Why is there funding for war but never for climate finance?
The Feminist Green New Deal Coalition has highlighted feminist climate solutions and shared feminist policies and frameworks that are advancing just climate policies at the United Nations Framework Convention on Climate Change (UNFCCC) 27th session of the Conference of Parties (COP28) in Dubai. US-based Feminist Green New Deal Coalition shared at
Essential steps to invest in a climate-smart future
As the climate crisis continues to unfold, the need for financing to support climate adaptation within climate-vulnerable markets across Africa, Asia, Latin America, and the Middle East will reach $330 billion by 2030. However, these emerging markets have only received a fraction of climate financing. So what needs to happen for
COP27: Dhaka urges developed nations to double climate finance by 2025
Environment, Forest and Climate Change Minister Shahab Uddin has urged developed countries to at least double their collective provision of adaptation finance by 2025, as agreed upon during COP26 in Glasgow, and to provide support for the implementation of National Adaptation Plan (NAP). The environment minister made the call while
Climate finance for locally-led climate solutions needs a new focus
Imagine a world where the people hit hardest by climate crisis have a say in how to stop it. Imagine that youth, Indigenous Peoples, women, and others most affected by global warming have the resources to implement their own climate solutions. Solutions that are highly effective because they meet local
Rich nations ‘miserably’ fall below their climate promises
Just a few days ahead of the UN Climate Conference (COP27) in Egypt (6-18 November), new revelations show how far rich, industrialised countries –those who contribute most to the growing catastrophes- have been lying over their real contributions to climate finance. The True Value of Climate Finance Is a Third of
Consensus over climate finance a significant achievement: PM
Prime Minister Sheikh Hasina has said the consensus of global leaders over accelerating the climate finance alongside releasing USD 100 billion keeping pace with the Paris deal implementation and SDGs was the significant achievement. Hasina also said the adoption of Dhaka-Glasgow Declaration, which was formulated by 48 heads of the state