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Shortfall in climate change cash grows ahead of COP28

The United Nations' main fund for helping vulnerable countries cope with climate change said on Thursday it had raised $9.3 billion, falling short of a $10 billion target after wealthy nations, including the United States, failed to pay in. The amount represents just a&...
United Kingdom Nordrhein Westfalen United Arab Emirates United States Mahmoud Mohieldin Madeleine Diouf Sarr

Germany aligns export credit scheme with climate agenda, while allowing some fossil gas projects

The German government plans to update its export credit guarantee scheme by classifying economic activities into 'green', 'white', and 'red' categories, providing easier cover conditions for climate-friendly projects and excluding coal and oil projects from credit guarantees.
Dezernat Zukunft David Ryfisch Felix Heilmann Climate Ministry International Energy Agency German Economy
Source: edie.net

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G-7 pledges put coal on notice, could boost climate aid - New Delhi Times - India Only International Newspaper

Officials from the Group of Seven wealthy nations announced Friday that they will aim to largely end greenhouse gas emissions from their power sectors by 2035, making it highly unlikely that those countries will burn coal for electricity beyond that date. Ministers from the G-7 countries meeting in Berlin also announced a target to have…
United States France General United Kingdom John Kerry Robert Habeck Olaf Scholz

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