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12th Petersberg Climate Dialogue: Germany disappoints on climate finance

Germany has failed to announce an increase in international climate finance at the 12th Petersberg Climate Dialogue. Debt crises in vulnerable and middle-income countries see them unable to build back better, adapt to climate change and recover from COVID-19.  This solidarity failure comes as the US yesterday announced it would support the waiver of IP protections on…

A recovery with green elements, but not a green recovery

Member state plans are falling short of ambitions to “build back better.” Analysis of planned recovery measures in 14 member states finds a green spending share of just 24%, with only EUR 68 bn going to activities that fully support the green transition. At least eight national recovery plans currently do not meet the criteria of at least 37% green spending share. …

Investors and others call for UK policymakers to support net-zero financial systems

An E3G-backed letter calls on the Prime Minister to aim for the financial sector to become net-zero, and to support net-zero financial reform at home and at the G7. The letter is backed by financial institutions responsible for £4 trillion…

Public prioritise climate not trade in government China relations, poll finds

Climate change should be prioritised over trade in government policy towards China, a survey of six European countries has found.The public placed climate change an important foreign policy priority towards China, alongside promoting human rights and working on a global…

Leaders Summit on Climate prompts new climate targets and financing

US and Japan commit to near-term action with new climate targets, putting themselves on a credible pathway to climate neutrality by 2050. The majority of G7 countries are increasing ambition, but still have a long way to go to halve emissions by 2030.  With South Korea committing to end international coal finance, Japan and China remain…

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