COP

Colombia and Brazil give hope for 'next generation of JETPs' ahead of COP29

Momentum is growing behind the "next generation" of Just Energy Transition Partnerships (JETPs) ahead of COP29, with Colombia and Brazil 'country platforms' seeking to learn from the mistakes of earlier initiatives, according to E3G.

UK-France biodiversity credit taskforce to launch market principles at COP16

Need to 'find new money' at COP16, say organisers

COP16 will need to find "new money" from the private sector, organisers of the biodiversity conference have told media, as it looks to create a financial mobilisation mechanism.

Second Trump presidency and trade wars threaten to slow transition to a crawl, Generation says

Twin threats of a second term for Donald Trump and global trade wars risk "slow[ing] the energy transition down to a crawl" as global trade verges on collapse, according to Generation Investment Management.

Reform of international financial architecture gaining momentum before COP29, Aviva says

Calls to reform the international financial architecture to better support the achievement of the Paris Agreement goals are growing louder, as countries prepare for COP29 and their next round of climate targets, according to Aviva Investors.

COP29 organiser calls for early submission of biennial transparency reports

UK nature investment fund first close 'soon', says Lord Benyon

The UK government-backed Big Nature Impact Fund (BNIF) is expected to announce its first close from private investors "soon", according to a senior minister.

Phasing out fossil fuels requires new transition-away products, says Natixis

Innovative financial tools and products are needed to 'transition away' from fossil fuels and exit 'brown' activities, said Natixis CIB.

New climate finance target 'to be set at next COP'

This year's COP needs to set an enhanced target for climate finance, a pension fund has argued, as the amount mobilised eventually needs to move from the "billions to the trillions".

ING to phase out oil and gas financing by 2040

COP28 'a success for nature', says NatureFinance

Nature was a key part of the agenda at COP28, with emerging nature finance mechanisms a key talking point.

COP28: Carbon markets rue Article 6 negotiation 'failure'

Carbon market participants lamented a "disappointing" lack of progress on agreeing a global carbon market mechanism, after last-ditch talks ended in "failure".

COP28 deal to transition away from fossil fuels 'keeps 1.5°C alive' - but loopholes remain

Countries have agreed to transition away from fossil fuels in an historic first for a UN climate conference, with claims it "keeps 1.5°C alive" - but observers warned of several "loopholes" that could undermine its implementation.