In the crowded corridors outside the COP30 negotiation rooms, the most consequential document on climate finance is not a treaty text but a roadmap. Drafted jointly by the Azerbaijani COP29 presidency and the Brazilian COP30 presidency, the Baku to Belém roadmap attempts to answer the question left hanging in Baku:
A working lunch at the Belém Climate Summit turned into a decisive financing moment as leaders from more than thirty countries and the UN Secretary-General joined Brazil’s President Luiz Inácio Lula da Silva to launch the Tropical Forest Forever Facility at the COP30 Leaders’ Summit. The agreement sets in motion
Under the dense canopy of the Amazon, COP30 opens as a test of both global resolve and political realism. Delegates from nearly 200 nations have arrived in Belém, a city straining under the weight of 50,000 visitors, to determine whether the world can still coordinate its climate future — and
Belém — As leaders converge on Belém for COP30, the European Union enters the summit with one of the most comprehensive climate packages ever presented — a plan to align global action with the Paris Agreement while deepening financial and industrial cooperation. “The global clean transition is ongoing and irreversible,”
NEW YORK CITY — On election night the cafés of Astoria pulsed with a kind of civic electricity. Taxi drivers leaned out of windows, students spilled onto Steinway Street, and volunteers who had been knocking on doors for months hugged in disbelief. When the final count came in, Assemblymember Zohran
Belém — The forest canopy outside Belém is becoming a testing ground for corporate climate action. In its largest-ever carbon removal deal, Google has agreed to finance the restoration of degraded Amazon land through a partnership with Mombak, a Brazilian startup replanting native forests to lock carbon back into the
Brussels — The European Union has agreed to slash greenhouse gas emissions by 90 percent by 2040, setting the stage for the bloc’s long-term climate policy ahead of COP30 in Belém, Brazil. But the compromise deal — brokered under Denmark’s EU Council presidency — adds new flexibilities that could allow
Floodwaters continue to reshape coastlines from the Caribbean to coastal Bangladesh, where the front line of climate change now runs through local budgets and public-works departments. Into that fragile space, a new financing model has begun to flow. Climate Fund Managers, together with MUFG Bank, FinDev Canada, and the Green
Abu Dhabi — The bright lights of Abu Dhabi’s ENACT Majlis reflected off the mirrored façades of a city built on oil wealth — but this week, the conversation turned to algorithms. ADNOC, Masdar, XRG, and Microsoft have launched a new collaboration to fuse artificial intelligence with the infrastructure that
France has launched the world’s first dynamic induction charging highway—capable of wirelessly delivering more power than a Tesla Supercharger—marking a major step toward decarbonizing heavy transport. The nearly one-mile (1.5-kilometer) stretch of the A10 motorway southwest of Paris, equipped by Israeli company Electreon, allows electric vehicles to charge while in
