climate finance - updates

Rappler's latest stories on climate finance


[OPINION] More urgency for the Philippines after Poland climate talks

Dec 20, 2018 - 1:34 PM

'The Philippines has actively championed the cause of vulnerable nations in the international arena, but now it needs to proactively lead its citizens toward a social transformation'

ASEAN to developed countries: Honor commitments to mitigate climate change

Nov 14, 2017 - 1:20 PM

Members of the Association of Southeast Asian Nations remind developing countries of their pledge to provide $100 billion per year for climate finance

UN chief calls for 'elimination' of fossil fuel subsidies

Nov 16, 2016 - 10:04 AM

Countries and businesses must do more to curtail global warming caused by fossil fuel emissions Ban Ki moon said in Marrakesh which is hosting the annual UN climate conference

United Nations Secretary-General Ban Ki-moon delivers a speech during the UN climate conference in Marrakesh on November 15, 2016. Fadel Senna/AFP

UN seeks more climate finance from rich nations

Nov 16, 2016 - 9:35 AM

Rich nations pledged back in 2009 to mobilize 100 billion 93 billion euros per year from 2020 for climate aid to the developing world but poor nations are insisting on a clear roadmap for reaching the goal

A man walks past the logo of the COP22 international climate conference on November 9, 2016, in Marrakesh. Fadel Senna/AFP

PH to revise UN climate pledges to align with 1.5-degree target

May 21, 2016 - 2:01 PM

The Philippines current commitments include 70 carbon mitigation by 2030 All of these commitments however are conditional

Photo by Renee Karunungan

What a Duterte presidency will mean for climate action in the Philippines

May 17, 2016 - 6:30 PM

As president he will chair the Climate Change Commission which mainly negotiates for the country at the United Nations

Image by Alejandro Edoria / Rappler

PH storms a reminder of need for climate justice, aid – UN envoy

Dec 20, 2015 - 2:52 PM

Ireland s former President Mary Robinson advocates to put justice and equity at the heart of climate response

Crunch time for 'loss and damage' in Paris climate talks

Dec 10, 2015 - 1:57 AM

The vast majority of civil society organizations present at COP 21 believe that Loss Damage must have its own section in the agreement

ABUZZ. The Philippine delegation office is abuzz with talk on the latest draft of the Paris climate agreement released on December 9, 2015

Money row threatens efforts to seal historic climate pact

Dec 03, 2015 - 8:31 AM

Bureaucrats become quickly ensnared in familiar rows that have condemned previous efforts to failure

A visitor attends a conference at the COP21 World Climate Change Conference 2015 in Le Bourget, north of Paris, France, December 1, 2015. Guilliaume Horcajuelo/EPA

China's Xi demands developed nations pay for climate action

Nov 30, 2015 - 10:15 PM

Xi tells the UN climate summit that developed countries must accept more shared responsibilities

TAKE ACTION. Chinese President Xi Jinping delivers a speech for the opening day of the World Climate Change Conference 2015 (COP21) at Le Bourget, near Paris, France, 30 November 2015. The 21st Conference of the Parties (COP21) is held in Paris from 30 November to 11 December aimed at reaching an international agreement to limit greenhouse gas emissions and curtail climate change. EPA/STEPHANE MAHE / POOL

Rich nations vow billions for climate initiatives

Nov 30, 2015 - 10:00 PM

With the Paris climate summit opening rich countries seek ways to help poor nations go green

epa05047609 People rally to promote climate protection in Rome, Italy, 29 November 2015. The 21st Conference of the Parties (COP21) is held in Paris from 30 November to 11 December. The aim is to reach an international agreement to limit greenhouse gas emissions and curtail climate change. EPA/MASSIMO PERCOSSI

Developing nations' climate adaptation bill to hit $790B a year– report

Nov 25, 2015 - 8:55 AM

Carbon curbing pledges which form the cornerstone of a climate rescue pact to be sealed at a UN summit opening in Paris next week are insufficient Oxfam says

A picture taken on November 20, 2015 shows the 'Earth Crisis' globe displayed by US artist Shepard Fairey on the Eiffel tower in Paris. Joel Saget/AFP

Global carbon pricing off menu at Paris climate talks

Nov 24, 2015 - 2:06 PM

Despite major support behind carbon pricing schemes the Paris talks will not address putting a global price on pollution

Steam billows out of the cooling towers of the Vattenfall AG brown coal power plant in Jaenschwalde, Germany, November 11, 2015. Patrick Pleul/EPA

Paris climate summit: huge stakes, deep divides

Nov 23, 2015 - 1:53 PM

Preoccupied by a recent spate of extremist attacks around the globe world leaders will have their work cut out for them at the 12 day climate huddle

'EARTH CRISIS' A picture taken on November 20, 2015 shows the 'Earth Crisis' globe displayed by US artist Shepard Fairey on the Eiffel tower in Paris. Joel Saget/AFP

People's Survival Fund now open to poor, climate-vulnerable LGUs

Oct 28, 2015 - 12:58 PM

After 3 years since its creation the PSF is now operational Local governments and groups are asked to submit project proposals that can help their communities adapt to climate change

VULNERABLE. Filipino residents run from strong waves brought by Typhoon Ruby (Hagupit) in a coastal village in Legazpi City, Albay, on December 7, 2014. Photo by Zalrian Z Sayat/EPA

ADB to double annual climate financing to $6 billion

Sep 26, 2015 - 6:12 PM

Nowhere is tackling climate change more critical than in Asia and the Pacific where rising sea levels melting glaciers and weather extremes like floods and droughts are damaging livelihoods and taking far too many lives says Asian Development Bank president Takehiko Nakao

File photo from EPA

Pacific summit to issue climate message to world

Sep 06, 2015 - 10:10 AM

The annual Pacific Island Forum summit hears details of eroding coastlines increasingly destructive storms and crops ruined by encroaching seawater

A file photo taken on March 3, 2014, shows a high tide energized by storm surges washing across Ejit Island in Majuro Atoll, Marshall Islands. Vulnerable Pacific island nations will this week from September 7, 2015 send the world an urgent plea for action on climate change at crunch talks in Paris later this year. Some Pacific Islands Forum (PIF) countries lie barely a metre (three feet) above sea level and fear they will disappear beneath the waves without drastic. Photo from AFP

UN climate talks plagued by twin fears

Sep 05, 2015 - 5:18 PM

Not repeating the mistakes of Copenhagen is a common refrain at the talks in Bonn and something of a mantra for the organizers of the November 30 December 11 conference in the French capital

Crunch UN climate talks enter fraught final day

Sep 04, 2015 - 12:49 PM

The overarching goal is to limit average warming to two degrees Celsius 3 6 degrees Fahrenheit over pre Industrial Revolution levels

CLIMATE TALKS. Delegates attend the United Nations Framework Convention on Climate Change (UNFCCC) in Bonn, western Germany on June 1, 2015. Patrik Stollarz/AFP

Climate: Tropical forests in trouble

Sep 02, 2015 - 9:38 PM

Bringing tropical deforestation under control is a crucial plank in the complex UN negotiations set to culminate this December

THE AMAZON. A photograph made available on 04 October 2013 shows the river Tiputini as it passes by the northern border of Yasuni National Park in Ecuador, 16 May 2007. EPA/Cecilia Puebla

French diplomat signals climate 'breakthrough'

Jul 22, 2015 - 8:55 AM

Top diplomats representing all regional blocs agree to a review every 5 years of collective carbon cutting impacts once the agreement kicks in

CONSCIOUSNESS SUMMIT. Former UN Secretary General Kofi Annan delivers a speech during the opening of the Consciousness Summit in Paris, France, July 21, 2015. Etienne Laurent/Pool/EPA

Time to compromise for climate – French FM

Jul 21, 2015 - 10:11 AM

Laurent Fabius urges countries to narrow the gap on two issues in particular starting with the level of ambition – meaning the scale of carbon emissions curbs

TALKING CLIMATE. Founder of the Institute for Sustainable Development and International Relations (IDDRI) Laurence Tubiana (L) sits next to French Foreign Minister and President of the COP21 Laurent Fabius (R) who received about fourty countries for 'informal ministerial votes, in Paris on July 20, 2015. Jacques Demarthon/AFP

Ministers in Paris to boost flagging climate talks

Jul 19, 2015 - 11:37 AM

Overwhelming consensus on the urgency of the problem has not translated into significant progress on united action to prevent the planet from overheating

An illustration picture taken on July 5, 2015 in Paris, shows a mini Eiffel Tower replica set among ox-eye daisies, ahead of the 21st session of the Conference of the Parties (COP 21 / CMP 11) to the United Nations Framework Convention on Climate Change, to be held in Paris from November 30 to December 11, 2015. Joel Saget/AFP

People's Survival Fund to be operational by December

Jul 08, 2015 - 5:05 PM

A board member of the fund says a call for proposals from LGUs for climate adaptation projects may be released in August

CLIMATE CHANGE IMPACTS. High waves caused by strong winds pounded the seawall of a port as Typhoon Yolanda hit the city of Legaspi, Albay. Photo by Agence France-Presse/Charism Sayat

Australia bows to pressure, pledges $165M to UN climate fund

Dec 10, 2014 - 12:42 PM

The government had previously indicated it was not interested in the fund but Prime Minister Tony Abbott says we ve seen things develop over the last few months

A general view of Hazelwood Power Station and cooling pond in the Latrobe Valley, Victoria, Australia, 15 July 2014. David Crosling/EPA

Climate pledges exceed $10B at Lima talks

Dec 10, 2014 - 10:43 AM

Finance is a touchy issue at the Lima negotiations where developing countries want wealthy economies to spell out their promised support as a sign of good faith in negotiations to forge a global climate pact by December 2015

In this file photo, Hela Cheikhrouhou, Executive Director of the Green Climate Fund speaks a press conference with hosts, German environment minister and development minister at the development ministry in Berlin on November 20, 2014. Odd Andersen/AFP

On World Food Day, a banquet or an empty bowl?

Oct 17, 2014 - 7:09 PM

If all of us link our hands together genuine and lasting change is possible despite the uncertainties But the key is making the right move now

UN summit urges ambitious climate deal

Sep 24, 2014 - 9:55 AM

World leaders urge ambitious action to combat climate change but pledges remained well short of goals with a year to go for an accord

Secretary-General Ban Ki-mooon rehearses addressing world leaders in the General Assembly Hall, 21 September 2014, United Nations, New York. Mark Garten/UN Photo

UN to host biggest climate summit in history

Sep 17, 2014 - 9:18 PM

What s on the agenda and what s at stake for Southeast Asian countries like the Philippines? Ayee Macaraig is at the UN Headquarters in New York She files this video blog

UN summit ‘biggest climate gathering in history’

Sep 17, 2014 - 8:24 AM

The United Nations is set to host what it calls the biggest gathering of world leaders on climate change – but will this make a dent on deadlocked negotiations?

UN Secretary-General Ban Ki-moon addresses a press conference on the first day of the 69th session of the General Assembly, 16 September 2014, UN headquarters. Evan Schneider/UN Photo

Key points of the Warsaw consensus

Nov 24, 2013 - 8:35 AM

Here are the main points of the agreement on cornerstone elements for the road to a new 2015 deal to curb global warming

WARSAW MEET. Participants attend a meeting at the UN Climate Change Conference COP19/CMP9 in Warsaw, Poland, 23 November 2013. EPA/Rafal Guz

Fraught UN talks reach climate deal consensus

Nov 24, 2013 - 1:03 AM

Observers and climate vulnerable nations said there was not much to be happy about

PH groups hit rich countries for climate change turnaround

Nov 19, 2013 - 10:00 PM

A week into the climate change talks in Poland countries are reneging on pledges to cut carbon emissions

WATERED DOWN. Climate justice advocates call on developed countries to fulfill their targets for reducing carbon emissions. Photo by Pia Ranada/Rappler