Category: Climate Finance

Uncertainty over Future of World Bank’s Climate Plan at Spring Meetings

US attempts to block the renewal or upgrade of the World Bank’s climate plan may leave the bank without a plan or a substantially weaker one, it certainly won’t be more ambitious. African countries however will want to see the US come up with funds for low-income lending.
  • Climate Finance

Southern Africa’s Carbon Market Formalises an Alliance

With development aid cuts, and spiraling energy costs, countries are looking to strengthen domestic climate revenues - the launch of the Southern Africa Alliance on Carbon Markets and Climate Finance is a step in that direction.
  • Climate Finance

UNFCCC Finance Committee Still Unable to Make Clear Climate Finance Findings 

With a new COP30 Climate Finance Work Programme created, the importance of good data to feed into negotiations has never been higher. But the SCF still can’t agree on what counts.
  • Climate Finance

Can South Africa Legally Walk Back its Carbon Tax?

Can a country lawfully walk back a central tenet of its mitigation policy in its NDC under the Paris Agreement? We discuss the proposal to suspend South Africa’s carbon tax.
  • Climate Finance

Transforming Geological Wealth into Industrial Power – Whereto for Africa after the Mining Indaba?

The Mining Indaba laid bare a stark choice – continue as a pit-to-port extractive frontier, or deploy the continent’s US$1trillion in institutional assets to build critical mineral infrastructure and processing capacity that transforms resources into lasting industrial power.
  • Climate Finance

US to exit the UNFCCC, but will it be out of the picture entirely?

While the latest statement of intent to withdraw from the UNFCCC may herald an exit from the climate treaty regime, the country is still intrinsically tied to the rest of the world through trade, climate financial institutions and a dwindling aid budget
  • Climate Finance

A trillion dollar promise on a warming planet: can COP30’s finance deliver for Africa?

  • Climate Finance, Climate Negotiations

Debt Addressed but not Overhauled at Development Finance Conference

  • Climate Finance

From Baku to Belém: will politics derail the US$1.3 Trillion Climate Finance Roadmap?

As the US$1.3trillion climate finance roadmap hangs in the balance, the Bonn meetings expose a familiar rift, with developed countries avoiding concrete discussions on their obligations, and developing countries asking for more transparency on the Baku to Belém roadmap and a burden sharing agreement. 
  • Climate Finance, Climate Negotiations

Trapped in Green Debt: Debt for Climate Swaps Are Not Enough

While the African Union Continues to Endorse Them as a Pillar of Climate Finance at This Year’s Debt Conference in Togo, Debt for Nature Swaps May Not Be Sufficiently Reliable to Navigate the Debt and Climate Crisis. To Be Effective, They Must Be Accompanied by a Significant Cancellation or Reduction in Overall Debt.
  • Climate Finance, Uncategorized