UK’s £160m green boost for developing nations

This financial support is expected to accelerate the development and deployment of green technologies

Decarbonisation rate ‘falls dangerously short of 1.5°C target’

Experts have emphasised the urgent necessity for an annual decarbonisation rate of 17.2%, a rate seven times greater than the previous year (2.5%)

‘Carbon tax could have netted £23bn for UK’

The government has been urged to tax major polluters, reallocate £3.35 billion from North Sea fossil fuel support and eliminate “harmful” Energy Profits Levy incentives

UK commits record £1.6bn to Green Climate Fund at G20

During the G20 summit in India, Prime Minister Rishi Sunak highlighted the advantages of pursuing net zero targets to stimulate job growth

EU chief urges global carbon pricing for climate finance boost

The President of the European Commission has urged world leaders to examine the implementation of global carbon pricing as a means to generate significant funding for climate finance

Ban Ki-Moon slams delay on climate finance

‘We have no time to lose,’ the former UN Secretary-General said

UN appealing for $51bn to save 230m from climate disaster

This is a record amount, as floods and droughts continue to rise

US to pay $75m to relocate tribes facing climate threat

Indigenous communities in Washington and Alaska will be moved to higher ground to avoid flooding impacts

COP27: Biden says US will meet 2030 emissions targets

During his speech at the climate summit, he said the government has put its money where its mouth is on climate change

UK looks to provide loans to countries impacted by climate change

Debts due to climate shocks will also be deferred