Why the world’s most ambitious coal phase‑out deal has failed – and what it means for climate finance | The-14

Indonesia’s failed coal phase-out deal raises doubts about climate finance models, exposing debt concerns and limits of private investment.

The-14 Pictures

Australia’s 178 billionaires are $25.7bn richer than last year as 3.7 million live in poverty

"Oxfam finds the 20 richest Australians now hold more wealth than the bottom 3 million households."

“There is something fundamentally wrong with a system where extreme wealth keeps skyrocketing while so many people are struggling to afford the basics, and governments claim there is not enough money for housing, healthcare, climate action and essential services." >>

https://www.theguardian.com/australia-news/2026/jun/02/australian-billionaires-richer-than-last-year
#inequality #Australia #SocialCohesion #CostOfLivingPressures #HousingAffordability #housing #healthcare #transport #tax #ClimateFinance #FossilFuels

Australia’s 178 billionaires are $25.7bn richer than last year as 3.7 million live in poverty

Oxfam finds the 20 richest Australians now hold more wealth than the bottom 3 million households

The Guardian

R to @eudelegationtur: The EU is already acting with Türkiye to move from dialogue to delivery — and from climate goals to investment-ready projects.

🌱 Climate finance is where ambition becomes implementation.

#EUinTürkiye #EU4Climate #ClimateFinance #COP31 #GreenTransition
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https://nitter.net/EUDelegationTur/status/2062141280080011762#m

The planet heats up - fossil fuel pollution has made extreme weather more violent.

* “The only effective response is climate action equal to the crisis – ending the addiction to fossil fuels, accelerating the shift to renewables, protecting the most vulnerable, and delivering early-warning systems for all.” Guterres >>
https://www.theguardian.com/environment/2026/jun/02/prepare-for-imminent-return-of-el-nino-un-warns

* Arthur Snell new book, Elemental, examines how a climate crisis threatens the planet’s capacity to sustain life

"...A world of great powers grabbing whatever they need to survive a changing climate from smaller ones – is essentially a new age of empire, except this time with the formerly colonised US and China waxing as former imperial powers such as Britain wane. "

Elemental: The New Geography of Climate Change and How We Survive It, Arthur Snell >>
https://www.theguardian.com/lifeandstyle/2026/mar/04/arthur-snell-interview-geopolitics-climate-crisis-book-elemental

* 45°C unending heat and no water: India faces brutal summer survival crisis
https://www.indiatoday.in/science/story/india-heatwave-water-crisis-delhi-rajasthan-lucknow-maharashtra-scarcity-tanker-climate-change-2917248-2026-05-26
#ClimateCrisis #FossilFuels #ExtremeHeat #liveability #HabitableLand #disasters #Bushfires #food #starvation #MassMigration #ClimateFinance #populism #FarRight #conflict #GeopoliticalOrder #empire

Prepare for imminent return of El Niño, UN warns

UN agency predicts phenomenon that supercharges weather extremes has 80% chance of forming before September

The Guardian
Canada must rethink how it contributes to international climate finance | The-14

Canada’s climate finance strategy faces scrutiny as experts question reliance on loans and private investment for global climate action and fairness.

The-14 Pictures

En #PerúCarbonForum, la #UniónEuropea destacó que la confianza es base para desarrollar mercados de carbono y financiamiento climático sólidos: reglas claras, transparencia e integridad son esenciales para movilizar inversión sostenible y proyectos de calidad.

#ClimateFinance
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https://nitter.net/UEenPeru/status/2060101533832782224#m

$41.7M invested in restoring Mozambique’s mangroves and wetlands Projected return 14X! That’s $537.5M in flood protection, fisheries, & food security for coastal communities hit hardest by cyclones RT if you agree nature is the most undervalued asset on 🌍 IISD10/25 #BlueCarbon #ClimateFinance

Climate finance continues to accelerate, the OECD has said, with developed countries exceeding the $100 billion #climatefinance target for the third consecutive year. 📈

Commenting on the report, Teresa Anderson, global lead on climate justice, ActionAid International, said that there is a lot of “smoke and mirrors” in the OECD’s report. 🗣️

https://sustainabilityonline.net/news/developed-countries-exceed-100-billion-climate-finance-target-for-third-consecutive-year-oecd/

Developed countries exceed $100 billion climate finance target for third consecutive year: OECD - Sustainability Online

Climate finance continues to accelerate, the OECD has said, with developed countries exceeding the $100bn climate finance target for the third consecutive year.

Sustainability Online - A business news platform with a sustainable focus. Featuring the latest sustainability news and ESG insight, viewed through a business lens.
Free up fertiliser supplies to avert global food crisis, Yvette Cooper urges

UK foreign secretary says urgent pressure needed to get strait of Hormuz reopened and fertiliser and fuel moving

The Guardian
Africa: African Lawmakers Urged to Remove Legislative Barriers Blocking Climate Finance and Methane Reduction Action: [Capital FM] Nairobi -- African lawmakers have been urged to dismantle legislative and regulatory barriers blocking climate financing and fast-track methane reduction policies, as parliaments across the continent push to position themselves at the center of the… http://newsfeed.facilit8.network/TSYMCt #ClimateAction #ClimateFinance #MethaneReduction #SustainableDevelopment #AfricanLeadership