The architect of the Paris Agreement says Brazil will not be influenced by fossil fuel companies like previous petrostate COP hosts, even if the Latin American nation is looking to expand exploration of oil in the Amazon rainforest.
Three new irrigation dams have been approved in Cambodia’s Cardamom Mountains, overlapping with two carbon credit projects. The new developments join five hydropower projects that are already eating into these same forests.
Despite being highly vulnerable to climate risk, Sri Lanka is slow to tap into climate funding due to a range of issues including inadequate data systems, institutional weaknesses and limited capacity to design and implement viable projects.
Nearly a tenth of global climate finance could be under threat as US president Donald Trump’s aid cuts risk wiping out huge swathes of spending overseas.