Countries that are home to rainforest and peatland vital to limiting climate change want easier access to sovereign carbon credits, a financial scheme to reward them for preserving their ecosystems, Congo Republic's environment minister says.
Deutsche Bank on Thursday tightened its coal financing policies but has yet to change its criteria for the oil and gas industries, drawing criticism from climate activists.
Countries adopted a hard-fought final agreement at the climate summit that sets up a fund to help poor countries battered by climate disasters, but does not boost efforts to tackle the emissions causing them or say who should pay.
Eleven-year-old Indian climate activist Licypriya Kangujam's dogged questioning of Britain's climate minister Zac Goldsmith about the fate of climate activists detained in his country was one of the most striking moments in the COP27 global warming talks so far.
Namibia said at the COP27 summit on Tuesday that it had secured over 540 million euros ($544 million) in climate finance from the Dutch government and European Investment Bank.
One year after more than 140 countries pledged to halt all deforestation by 2030, little has been done to finance protections or pass new conservation laws, experts say.
African leaders called on Monday for their counterparts from richer, polluting nations to increase funding for projects to help them adapt to climate change.
