Finance and gender equality take centre stage at COP28
Monday was Finance, Trade, Equality and Accountability, and Gender Day at COP28, with a focus on how to support disadvantaged communities for a just transition.
Climate finance
COP28: what’s happened so far?
We catch up on the latest developments from the UN’s climate negotiations at COP28.
UAE launches $30bn funding platform for fairer finance
The United Arab Emirates has set out a $30 billion commitment to “create a fairer climate finance system”, with a particular focus on the Global South.
COP28: Loss and Damage Fund deal sets tone of compromise
COP28 has begun with a deal on operationalising the Loss and Damage Fund, a historic moment in rebuilding relationships between the Global North and the Global South.
Finance underpins the future of the climate negotiations
The upcoming COP28 is a potential inflection point for climate action, with an opportunity for implementation and the scaling up of ambition offset by growing concern about the potential capture of the process by the fossil industry, determined to slow the transition.
What to expect at COP28
The most closely followed discussions at COP28 will be around fossil fuels, methane emissions, the loss and damage fund, and Article 6 of the Paris Agreement.
Smallholder farmers left to bear costs of adapting to climate change
Vulnerable smallholder farmers are spending more to protect global food supplies from the impacts of climate change than world leaders combined, according to research by the International Institute for Environment and Development (IIED).
The blind spots in financial models on climate risk: a case for urgent action
World Bank climate and infrastructure advisor Romain Pison argues that glaring gaps in current climate-scenario models leave us teetering on the edge of systemic vulnerabilities, but also offer an unprecedented opportunity to evolve our approaches for the better.
Net zero by 2050: a $200 trillion opportunity?
Many consider net zero 2050 an immense investment opportunity, but there are few comprehensive analyses of exactly its size. New research suggests that institutions well prepared to embark on net zero pathways will be able to take full advantage of decarbonisation-focused policy shifts and avoid being stuck with stranded assets.
Gordon Brown: States that profited from oil surge should pay global windfall
States which banked "staggering" profits from the high price of oil last year should pay a global windfall levy to help poorer nations in the fight against climate change, former prime minister Gordon Brown has said.