Author: THINKTEAM Support

EU Demand for Oil and Gas is High but Support for African Projects is Uneven

The European Investment Bank has reiterated its position that it will not fund any gas projects. The decision comes on the back of a European Parliament resolution expressing a lack of support for the proposed East African Crude Oil Pipeline. African countries have decried the EU’s position as inconsistent and contradictory.
  • NetZero and the Just Transition

South African Just Energy Transition Partnerships: New and Transformative Finance Lacking

Details around the finance provided under South Africa’s $8.5 billion Just Energy Transition Partnership have been vague and unclear, with worrying signs that the terms of finance will make it unfit for purpose.
  • Climate Finance, NetZero and the Just Transition

Developing Country Blocs Reiterate Support for a Loss and Damage Finance Facility as Canada Pushes Back on Windfall Taxes

UN Secretary-General António Guterres, the LDC Group and the G77+China have reiterated their support for dedicated loss and damage finance. Denmark has also pledged initial funding towards loss and damage. However, the G20 has failed to seize an opportunity to advance country positions on loss and damage, and Canada has pushed back on suggestions that finance should come from oil and gas windfall taxes.
  • Loss And Damage

New Report Charts a Path for a Global Goal on Adaptation

A new synthesis paper has been released by the Secretariat, that seeks to compile information and explore ideas and examples of indicators, approaches, targets and metrics relevant to the Global Goal on Adaptation, with a view to putting options on the table of what a Global Goal might look like
  • Adaptation