COP29 COP29: Azerbaijan wants fossil fuels to fund climate adaptation Azerbaijanâs energy agenda for this year's COP has been met with scepticism. Melodie Michel 17 September 2024
Policy & Standards US government approves US$4.3bn in climate grants from Inflation Reduction Act The distribution of Inflation Reduction Act funds is a win for the EPA after Trump-era policies weakened its ability to act against climate change. Melodie Michel 22 July 2024
Transition Planning New business coalition launches to boost government climate plans ahead of UN deadline Some of the worldâs largest companies, financial institutions, and cities have formed the Mission 2025 coalition, calling for governments to increase their ambition in setting climate goals. Olivia Peluso 24 June 2024
Energy Transition Energy transition has âlost momentumâ, says WEF The slowdown first started in 2022 but has intensified in the past year. Melodie Michel 19 June 2024
Policy & Standards SBTi updates financial institution guidance with optional fossil fuel target criteria The new document also clarifies that the exclusion of non-material activities from FI targets âmay not exempt any activities related to fossil fuelsâ. Melodie Michel 30 May 2024
Operations & Finance Public-private-philanthropic partnerships needed to fill the climate finance gap This innovative funding model is making strides in addressing climate financing hurdles, says WEF. Melodie Michel 13 December 2023