About: climate finance

Development Policy 12-11-2018

Universal electricity access goal set to be missed, new report reveals

The international community is falling well short of providing the cash needed to ensure universal access to electricity by 2030, according to a report released Monday (12 November).

Climate change will affect EU monetary policy ‘one way or the other’, ECB says

Whether humankind fails or succeeds in keeping the rise in global temperatures within manageable levels, central banks will sooner or later be called upon to act, said Benoît Cœuré, a member of the European Central Bank's (ECB) Executive Board.

CDP boss: ‘Companies or sectors may face liability risks on climate change’

Private investors need to come clean and commit to science-based targets on climate change, says Paul Simpson. Unfortunately, “there is still money out there for the dirty investments in the short term,” he laments, calling on regulators to take action against opaque finance.
Climate change 14-05-2018

Bonn negotiations stall on climate finance

The Bonn Climate Conference (30 April-10 May) has made little progress on negotiations, particularly on the subject of financing. As a result, a supplementary preparatory meeting for the COP24 will be held in Bangkok in September. EURACTIV.fr reports.

Europe will hike climate finance spending, insists Cañete

The EU’s climate chief Miguel Arias Cañete has vowed to increase the bloc’s funding for climate change adaption, pledging that 20% of the EU’s foreign spending would be allocated to climate-related projects.
Climate change 13-12-2017

EU announces €9bn in funding for climate action

The European commission has announced funding of €9bn (£8bn) for action on climate change, one of a flurry of measures from governments, businesses and investors aimed at achieving the goals of the 2015 Paris agreement.
Climate change 06-12-2017

To fill the climate finance deficit, French summit looks at its governance

Adapting rules instead of pledging millions: two years after the Paris Agreement, the fight against climate change has changed strategy. EURACTV France reports.
Climate change 20-11-2017

Climate finance, the sticking point in COP23

Rich countries had pledged to raise $100 billion each year in climate finance for developing countries by 2020. As of September 2017, they had pledged just $10.3 billion. And the question of who should pay remains unanswered. EURACTIV reports from the COP23 in Bonn.
Climate change 16-11-2017

COP23 in search of a leader

Between coal-addicted Germany, and France that brings ideas but no new commitments, and the EU entangled in its contradictions, the political weight of this COP turned out lighter than expected. EURACTIV France reports.
Climate change 14-11-2017

COP23 ups pressure on climate finance

A week after the start of COP23, which is taking place until November 17 in Bonn, the thorniest issue has come to the fore during the day dedicated to climate finance. EURACTIV France reports.
Climate change 08-11-2017

A climate summit in Paris to compensate for the lack of European ambition

The French summit aimed at regrouping and bolstering climate ambition, two years to the day after the finale of the COP21, is gradually taking shape. EURACTIV France reports.
Development Policy 20-10-2017

Development banks join forces to tackle climate change

Director general of French development agency (AFD) was appointed to lead the International Development Finance Club (IDFC), uniting credit institutions worth $3,000 billion. Their objective: to throw their weight behind sustainable development. EURACTIV France reports.

Green finance group calls on EU to stop funding fossil fuels

A group of financial experts has set out their vision for hardwiring sustainability goals into the European Union’s financial system, calling on 28-country bloc to stop pouring public money into polluting fossil fuels and focus spending on clean energies instead.

Reshaping the financial system as a tool for good

The European Commission's High Level Expert Group on Sustainable Finance delivered its interim report today (13 July). Ingrid Holmes, one of the members of the group, explains how the financial system can help address long-term challenges such as climate change.

Why investors want greater ambition for the Clean Energy Package

The goals of EU energy policy going forward must be ambitious if European countries want investors to provide the capital required to realise a smooth transition to a low-carbon economy and the growth this could generate, writes Stephanie Pfeifer.
Agenda for Change 22-05-2017

Vulnerable countries sound alarm on climate finance

The countries most exposed to the effects of climate change are still waiting for the finances they were promised in Paris in 2015. EURACTIV France reports.
Development Policy 13-12-2016

Brundtland: Climate change fight must continue, despite ‘US going in another direction’

Former Norwegian Prime Minister Gro Harlem Brundtland told EURACTIV’s partner El País – Planeta Futuro that public awareness and civil society action is equally important as political commitment in achieving the goals of the Paris Agreement and Agenda 2030.
Climate change 23-11-2016

COP22: Climate finance pushed back to 2018

COP22 ended last Friday (18 November), leaving the question of climate finance unanswered. For developing countries, this is a disappointing failure. EURACTIV France reports.
Climate change 12-10-2016

COP22: EU climate financing still only theoretical

Less than a month before the start of the COP22 climate summit in Marrakech, EU finance ministers have pledged more funding to tackle global warming. But the exact terms of this promise are yet to be defined. EURACTIV France reports.
Climate change 06-06-2016

EU policymakers face major test of ambition to enable sustainable investment

International cooperation at the end of 2015, illustrated by the COP21 agreement and the adoption of the SDGs, was the first major milestone. But now effective implementation has to be the priority and the EU’s pensions and investment sector will have a crucial role to play, writes Camilla de Ste Croix.

EU pushed towards ‘climate disclosure’ regime for investors

Pressure is building on global regulators and the European Commission to “stress-test” portfolios of large institutional investors against long-term objectives to reduce climate change, in a move that could shift billions in investment away from fossil fuels.
Climate change 04-03-2016

Climate change adaptation a victim of North-South inequality

The cities of the developed world are beginning to adapt to climate change, but financing for adaptation in the Global South is far harder to come by, according to a study published in the journal Nature. Our partner Journal de l'Environnement reports.
Climate change 18-12-2015

Stand by your vulnerable High Ambition Coalition partners

The EU needs to assess and overhaul all its policies to make sure they fit with the 1.5°C Paris target, and raise more climate finance for developing countries. Anything less would be a kick in the teeth for our vulnerable, ambitious coalition partners, writes Céline Charveriat.
Climate change 12-12-2015

COP21 celebrations, but governments must mind the emissions gap

World governments today (12 December) agreed a historic international agreement to fight global warming at the UN Climate Change Conference (COP21) in Paris.