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World Bank and IMF Spring Meetings deliver limited progress on climate finance

COP29 President-Designate hails 'very productive' series of meetings, but campaign groups warn far more action needed to secure ambitious outcome on climate finance in Baku

Paris , France-general- , France , Italy , China , Washington , United-states , Norway , World-bank , District-of-columbia , Germany , Baku

Oil Change International response to IEA Ministerial communique

“Today's commitment to make a finance roadmap to limit warming to 1.5°C and ensure a just energy transition is a welcome step, but in order to be useful, the IEA's new research must continue with strong recommendations to immediately halt finance flowing to fossil fuels, and start recommending dramatically increased public finance on fair terms for renewable energy and energy efficiency."

Paris , France-general- , France , Dubai , Dubayy , United-arab-emirates , Nicole-rodel , Bronwen-tucker , Oil-change-international , International-energy-agency , Change-international , Public-finance

Countries make joint statement on shifting fossil fuel subsidies towards renewable energy at COP28

"Today’s announcement from the Netherlands, United Kingdom, Canada and many of their peers is a disappointment. At a time when we need rich country leaders to concretely expand their past ambition to secure a fair deal, these ministers are just regurgitating promises and initiatives that are now more than a decade old and have been so ineffective that fossil fuel handouts and profits continue to reach record levels."

Antigua-and-barbuda , Japan , Finland , Austria , Spain , Belgium , Portugal , Dubai , Dubayy , United-arab-emirates , Canada , Denmark

Oil Change International responds to mixed bag at COP28 Finance Day outcomes

Today was Finance Day at the UN climate talks in Dubai, with a mixed bag of outcomes according to Oil Change International campaigners. Multilateral development bank representatives met with the COP28 Presidency, and failed to show progress in redirecting much needed finance for a just energy transition, while export credit agencies indicate a significant drop in fossil fuel support.

Dubai , Dubayy , United-arab-emirates , Italy , Spain , Germany , Paris , France-general- , France , Japan , United-states , Norway

200+ civil society groups urge leaders at COP28 to transform public finance

Today 222 civil society groups from 55 countries sent an open letter calling on world leaders to transform international public finance to tackle climate change and deliver a just energy transition.

Dubai , Dubayy , United-arab-emirates , Zambia , Kenya , Barbados , Colombia , France , Uganda , Ugandan , Vanessa-nakate , Nicole-rodel

COP28 Media Advisory - Day 4 - Oil Change International

As the UN climate talks are well underway, fossil fuel phase out and an agreement to triple renewable energy and double energy efficiency are top of the agenda. Today, ahead of finance day, transforming public finance institutions to free up billions of dollars that are available to pay for the just transition is also entering the conversation - as 200+ civil society groups today call on world leaders to use COP28 to overhaul global monetary, trade, tax, and debt rules, as well as international financial institutions like the World Bank and International Monetary Fund.

California , United-states , Japan , Dubai , Dubayy , United-arab-emirates , America , Bhekumuzi-bhebhe , Rob-bonta , Valentina-stackl , Nicole-rodel , Sandra-guzman

Biden funding for oil and gas overseas draws blowback from White House allies

President Biden's pledges to end U.S. financial support for international fossil fuel projects faltered as friendly nations sought help.

Glasgow , Glasgow-city , United-kingdom , Beijing , China , Malaysia , Bahrain , Russia , Capitol-hill , District-of-columbia , United-states , Sierra-leone

Financing a Fair Energy Transition through Fossil Fuel Subsidy Reform

Financing a Fair Energy Transition through Fossil Fuel Subsidy Reform
orfonline.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from orfonline.org Daily Mail and Mail on Sunday newspapers.

South-africa , Washington , United-states , India , Indonesia , Brazil , Ukraine , Argentina , Buenos-aires , Distrito-federal , Paris , France-general-

Canada will soon end 'inefficient' fossil fuel subsidies. But what does that mean?

Canada will soon end 'inefficient' fossil fuel subsidies. But what does that mean?
cbc.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cbc.ca Daily Mail and Mail on Sunday newspapers.

Canada , Paris , France-general- , France , Canadian , Canadians , Nisha-patel , Julia-levin , Steven-guilbeault , Christinne-muschi , Bronwen-tucker , Justin-trudeau

Empty seats and empty words at Paris Summit leave fossil fuel culprits off the hook

Global leaders at the Paris Summit missed a critical opportunity to redirect trillions from fossil fuels, debt, and the ultra rich to address the climate crisis.

Paris , France-general- , France , Italy , United-states , Germany , Claire-omanique , Jason-hickel , Nader-habibi , Bronwen-tucker , Isabelle-ferreras , Yanis-varoufakis