Climate finance

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Wealth tax of 0.5% could cover UK’s share of loss and damage fund, says charity
International fund set up at Cop27 is intended to provide compensation to countries worst hit by climate breakdown

Damien Gayle Environment correspondent

11, May, 2023 @11:01 PM

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Five Times Faster by Simon Sharpe review – a radical but realistic path to net zero emissions
A former civil servant makes a persuasive case for dropping economy-wide emissions targets and focusing on tipping points where green technologies become affordable

Bob Ward

09, Apr, 2023 @12:00 PM

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Somalis are dying because of a climate crisis they didn’t cause. More aid isn’t the answer | Abdirahman Abdishakur
Despite billions spent on the humanitarian response, Somalia faces another year of drought and hunger. We desperately need money, but it needs to be better spent

Abdirahman Abdishakur

22, Mar, 2023 @7:30 AM

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US banks are sacrificing poor communities to the climate crisis | Ben Jealous and Bill McKibben
It took decades to force banks to abandon racist redlining. We don’t have decades to avert catastrophic climate crisis

Ben Jealous and Bill McKibben

16, Mar, 2023 @10:15 AM

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‘We have no time to lose’: Ban Ki-moon criticises climate finance delays
Former UN secretary general calls for rich countries to honour promises made to the developing world after years of failure

Karen McVeigh

24, Feb, 2023 @6:30 AM

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It’s high time to rethink how the World Bank operates
Many believe there is little future in trying to tackle problems of the 2020s with institutions created in the 1940s

Larry Elliott

19, Feb, 2023 @12:10 PM

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World’s biggest investment fund warns directors to tackle climate crisis or face sack
Norway’s sovereign wealth fund threatens to vote against boards on firms it holds investments with over lax climate and social targets

Rupert Neate Wealth correspondent

03, Feb, 2023 @12:46 PM

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UAE oil company employees given roles in office hosting Cop28
Exclusive: at least 12 officials at body hosting Cop28 appear to have come straight from fossil fuel industry

Ben Stockton and Lawrence Carter

03, Feb, 2023 @12:36 PM

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EU ‘could end reliance on China for electric car batteries by 2030’
Prediction predicated on investment that keeps pace with Joe Biden’s $369bn green subsidy spree

Alex Lawson

24, Jan, 2023 @6:00 AM

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Can EU anger at Biden’s ‘protectionist’ green deal translate into effective action?
Analysts warn bloc’s lack of industrial policy may impede riposte to $370bn US subsidy package

Jon Henley Europe correspondent and Jennifer Rankin in Brussels

18, Jan, 2023 @9:00 AM

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Gordon Brown says China must pay into climate fund for poor countries
Former prime minister says US and Europe will pay biggest share of loss and damage fund, but China must too

Fiona Harvey Environment editor

26, Nov, 2022 @4:41 PM

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EU president says Cop27 deal is ‘small step towards climate justice’ but warns much more to be done – as it happened
Despite breakthrough on fund for developing nations, Ursula von der Leyen says Cop27 has not delivered on commitment to phase down fossil fuels

Bibi van der Zee, Natalie Hanman, Alan Evans, Damian Carrington and Graham Readfearn

20, Nov, 2022 @5:44 PM

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