Climate Finance

Don’t write off the Just Energy Transition Partnership just yet

When it was announced at COP26 in 2021, South Africa’s Just Energy Transition Partnership (JETP) seemed to offer an answer…

Weekly data: how clean energy investment in Africa has stagnated

NAIROBI – Africa’s first climate summit wrapped up last week (6 September) with the release of the Nairobi Declaration, the…

Africa Climate Summit wraps up with seminal – but flawed – ‘Nairobi Declaration’ 

NAIROBI - It felt at first like a climate summit born out of chaos. From the confusion around which leaders…

‘Urgent action’ required to boost climate finance in Africa – IEA

NAIROBI - Doubling energy investment in Africa will require “urgent action” to bring down financing costs and boost access to…

Flawed climate risk advice to pension funds “driving us off a cliff-edge” 

Pension funds are risking economic catastrophe by relying on flawed economic advice around climate risk, finds a new report published…

How to get pension funds to invest in renewables in Africa

Among the myriad efforts that have been made to drum up sufficient climate finance to fund the clean energy transition…

Opinion: Why the World Bank’s ‘Paris Alignment’ process could add fuel to the climate crisis

From 1 July of this year, the World Bank requires all of its new operations and investments in client countries…

High-emitting countries owe $192trn in climate reparations – study

Countries that emit more than their fair share of global emissions owe around $192trn in compensation to low-emitting countries, finds…

Opinion: To unleash the clean trillions we need more sticks, less carrots

The climate movement is beginning to stop the fossil fuel money pipeline – but that’s only half the problem. The reality…

Opinion: Finance is not the choke point to accelerating the energy transition in the Global South

Earlier this month in Washington, DC, donor and recipient countries, financiers and advocates convened at the World Bank Spring Meetings.…