The European Investment Bank (EIB) and the United Nations Green Climate Fund (GCF) have signed a #climatefinance agreement, which will see some €200 million committed to the Global Green Bond Initiative (GGBI) Fund, a new flagship EU financing programme. 🇪🇺

https://sustainabilityonline.net/news/eib-green-climate-fund-launch-partnership-to-support-climate-projects/

EIB, Green Climate Fund launch partnership to support climate projects - Sustainability Online

The EIB and the GCF have signed a climate finance agreement, which will see some €200 million committed to the GGBI Fund, a new flagship EU financing programme.

Sustainability Online - A business news platform with a sustainable focus. Featuring the latest sustainability news and ESG insight, viewed through a business lens.

RT: @whiteband 🌱GCAP at SBSTA 64, Bonn, Germany

At the 64th Session of the Subsidiary Body for Scientific and Technological Advice (SBSTA 64) in Bonn, Germany, GCAP joined civil society organisations from across the Global South to advocate for climate justice, equitable climate finance for smallholder farmers, pastoralists and Indigenous Peoples, secure land rights and food sovereignty.

#ClimateJustice #SBSTA64 #ClimateFinance #IndigenousPeoples #BonnClimateConference

Grants, not loans. Adaptation is not charity; it is about ensuring everyone can live with dignity.

We are calling for adaptation finance to be tripled, public and accessible, especially for the most impacted communities; NOW!

#Adaptation #ClimateFinance

The Baku Adaptation Roadmap (BAR) workshop is happening today at #SB64, and we are making it clear that governments must move away from technical jargon and start addressing concrete ways to deliver Adaptation finance.

#Adaptation #ClimateFinance

Our new brief examines how consensus-only decision-making has repeatedly stalled progress on critical issues, including: 💸 #ClimateFinance, 🛢️ #FossilFuelPhaseout, 🌪️ #LossAndDamage, & 🖋️ Implementation of the #ParisAgreement.
"It’s time to stop thinking of climate change as “merely” an environmental issue, which can be discarded when economic times are tough. Instead, we should recognise what it really is: a current and ongoing threat to our standard of living... Climate change has already made Australians in one state much poorer, and more’s to come." >>
https://theconversation.com/climate-change-has-already-made-australians-in-one-state-much-poorer-and-mores-to-come-284547
#FossilFuels #climate #ClimateFinance #inequality #NSW #OilandGas
Climate change has already made Australians in one state much poorer, and more’s to come

It’s time to recognise climate change for what it is. A new study shows it’s a current and ongoing threat to our standard of living.

The Conversation

"Relying on private investors to deliver coal phase-outs may be the wrong model."
More radical proposals call for publicly-owned, worker-led transitions.

Freddie Daley, Charlie Lawrie: https://theconversation.com/why-the-worlds-most-ambitious-coal-phase-out-deal-has-failed-and-what-it-means-for-climate-finance-283653

#climateFinance #coal #climatePolicy #greenTransition #publicPolicy #phaseout #coalPhaseout #industrialPolicy #policy #carbon #Indonesia

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

The $20 billion climate flop: a flagship plan to phase out coal in Indonesia hasn’t shut a single power plant.

The Conversation
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