Filtered by category: Climate Change News, tag: climate policy × Clear
Quarter of countries still missing UN climate plans 18 months after deadline
Matched: climate
About 45 countries, including Egypt, Vietnam, Argentina and the Philippines, have still not submitted their national climate plans to the UN, despite a deadline that passed 18 months ago. The missing submissions represent a quarter of Paris Agreement signatories and amount to a breach of the treaty's requirements.
Southeast Asia’s fragile grids threaten billions in clean energy investment
Matched: climate
Southeast Asia's outdated and unstable electricity grids are putting billions of dollars in renewable energy investment at risk. Developers require reliable infrastructure and consistent government policies to expand clean energy capacity. Without upgrades, the region risks failing to meet climate targets while struggling to keep pace with rapidly growing electricity demand.
The case for making polluters pay has moved into the mainstream
Matched: climate
Fossil fuel companies are expected to report large profits linked to the Iran war, while Europe faces heatwaves and wildfires. The coincidence is fueling mainstream debate about whether polluters should bear the costs of climate-related damage. The idea of making fossil fuel firms financially responsible for climate harm, once considered fringe, is gaining broader public and political traction.
Loss and damage fund delays first project approvals as needs dwarf resources
Matched: climate
The Loss and Damage Fund has delayed approving its first projects after receiving far more funding requests than it can meet. Board members opted for more time to decide which proposals to prioritise. The fund, established to help vulnerable nations cope with climate-related losses, faces a significant mismatch between available resources and the scale of need from applicants.
World Bank’s climate work can endure without finance target, experts say
Matched: climate
The World Bank has dropped its headline climate financing target under US pressure but will continue its broader climate action plan. Experts say the institution's climate work can remain effective without the numeric goal, as underlying programs and commitments stay intact. The removed target had been a visible benchmark for the bank's climate ambitions.