Climate Finance

Climate and species protection is indispensable – and costs money. Germany must not shirk its responsibilities in these areas by invoking the debt brake. Sources of financing are available – the next federal government should use them.

COP29 was expected to deliver a global goal for climate finance that meets the challenges of the future. It failed to do so. Instead, it launched international carbon markets that create new loopholes for fossil fuel emitters.

When the Loss and Damage Fund was created last year, it was hailed as a triumph for climate justice. But it might turn out to be just the opposite, as it not only fails to deliver the support developing countries need to cope with loss and damage, but also provides an excuse not to include such support in new climate-finance goals.

COP29 in Baku will decide the future of global climate finance. As developing nations demand $1 trillion in annual support, tensions rise over who should contribute and how funds are allocated. Will this summit deliver on the promise of climate justice and equity?

Azerbaijan is the third authoritarian and repressive petro state in a row to host the COP presidency. The most important issues on the COP29 agenda: the new global goal on climate finance (NCQG) and the negotiations on carbon markets - and for both is true: the climate crisis is a matter of global justice.

The new Loss and Damage Fund (FRLD) aims to support climate-vulnerable countries against escalating damages. Despite meeting setup milestones, key questions on funding scale, the operational model, and access policies remain unresolved. Can the FRLD truly deliver?

Climate finance is high on the agenda of this year's international climate negotiations. Climate finance expert Liane Schalatek explains the key sticking points and what civil society calls for.

Ahead of the 80th anniversary of the Bretton Woods Conference, together with partner institutions, we propose reforms in eight critical areas of the international economic and financial architecture to reflect the changing global realities and challenges. 

At the climate conference in Dubai, the implementation details of the controversial Article 6.8 work programme was agreed. An assessment from an Indigenous perspective.

Many climate-vulnerable countries cannot invest in low-carbon development unless they are offered debt relief. Policymakers must agree to reform the debt architecture and provide more concessional finance.

Averting catastrophic climate scenarios requires that we phase out fossil fuels and transform food systems at the same time.

In the climate negotiations at COP28, the question of financing the climate crisis will be at the forefront of the debate. However, many countries in the Global South are struggling to channel extra funds into climate action, due to the unfolding debt crisis.

When COP28 starts on November 30 in Dubai, United Arab Emirates, no less than the future of climate finance provision will be front and center throughout negotiations.

With the specter of failure looming, the Transitional Committee adopted a last-minute package of recommendations for the new Loss and Damage Fund (LDF), which needs to be approved at COP28. Why is no one happy with it?

Weeks ahead of COP28, the pledging conference in Bonn for the replenishment of the Green Climate Fund sends some important signals - the wrong ones.

At the third session of the 22nd Heinrich Boell Foundation Foreign Policy Conference, the penultimate panel will focus on the German-Indian relationship - and the blurred lines between environmental and climate issues.

Progress on core climate finance issues at COP26 proved to be key to break deadlocks and to reach often inadequate compromises in the Glasgow Climate Pact.

COP26 takes place against the backdrop of nationalist health policies with daunting consequences, failed promises to adequately scale up climate action and financial support, and an unprecedented push for false solutions that divert global attention from the urgent need to phase out fossil fuels.

At the climate summit in Glasgow (COP 26), the issue of climate finance is inextricably linked to success or failure. In Glasgow, past failures and shortcomings in climate finance mobilization and delivery must be ruthlessly addressed by presenting an implementation plan for future improvements.