A 2015 meeting between U.S. President Barack Obama (L) and Chinese President Xi Jinping, in the run-up to the 2015 COP21 climate summit in 2015. Image: Jim Watson / AFP
During a meeting with U.S. President Barack Obama in 2015, Chinese President Xi Jinping committed to providing 20 billion yuan ($3.1 billion) to help developing countries tackle climate change. Notably, this commitment didn’t contain a timeline.
Now, with the promise to set up a South-South Climate Cooperation Fund creeping to its ten-year anniversary and climate collapse speeding up around the world, Climate Home News investigated what happened to that fund.
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This year’s COP27 climate gathering in Egypt inspired both celebration and disappointment. While the establishment of a Loss and Damage fund was a major victory, patchy follow-through on earlier commitments from rich countries ...
An EU proposal at COP27 to tax carbon-intensive products like cement and steel is drawing resistance from a group of developing countries. At a ministerial meeting of the BASIC (Brazil, South Africa, India ...
Environmentalists have warned for years that southern Africa’s Chinese-financed hydroelectric building binge would eventually collide with the reality that the region doesn’t have enough water. Officials at the Zambezi River Authority ...
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