With temperatures soaring well above 40 degrees Celsius, avoiding heat stress was a matter of survival as delegates and dignitaries descended on Seville, Spain for the Fourth UN Conference on
One of the key objectives of the Paris Agreement is to align financial flows with pathways that lead to low greenhouse gas (GHG) emissions. To achieve this, countries must not
The climate and environmental crisis is overwhelmingly caused by the burning of fossil fuels, which globally account for 86% of carbon emissions. Public finance – loans, guarantees, insurance and grants
We finally have a Fund for Responding to Climate-related Loss and Damage. Now, we must scale it up. Climate-related loss and damage are over $100bn per year and rising. Passing
Climate change isn’t just an environmental issue — it’s a financial one too. For financial institutions, but also for governments. As global temperatures rise, and extreme weather events become more
Public financial flows for fossil fuels are a major barrier to the transition to sustainable societies. These flows lock in overconsumption and -production of fossil fuels. They come in various
On the 21st of November 2023, Emmanuelle Ledoux, Chief executive of the Institut National de l’Économie Circulaire (INEC), and Emery Jacquillat, Chairman of Camif, presented to the French Minister for
Rural credit is the primary climate finance instrument for land use in Brazil, amounting to an average of US$ 3.2 billion/year between 2015 and 2020. This value, however, represents only
by Professor Nathan Sussman [1] Carbon pricing and global warming Despite declarations made since 2015 to limit carbon emissions to avert global warming above 1.5 Celsius, the remaining carbon budget
The removal of fossil fuel subsidies (FFS) has long been a contentious issue in global climate policy. FFS distort energy markets, encourage excessive and non-optimal fossil fuel consumption, originate both
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