While international public finance for coal, oil, and gas has fallen by two-thirds, little of that money has gone to boost green energy in poorer countries, writes IISD's Natalie Jones.
Canada is among the countries leading the world in winding down international public financing of the oil, gas and coal industries, according to a report led by IISD. But it is failing to channel funding into clean energy projects abroad—and showing itself slow to eliminate backing for fossil fuel production at home.
At the COP26 summit in 2021, 39 countries and public finance institutions pledged to end their financing of fossil fuels. A year after the deadline, the signatories appear to have made substantial progress in reducing their funding for oil and gas, according to a new report by IISD.
Discover good practices and guiding questions that can help in designing more effective, inclusive, and sustainable nature-based solutions (NbS) for adaptation projects.
Signatories of the Clean Energy Transition Partnership have cut their international public finance for fossil fuels dramatically since signing the agreement but are underdelivering on the clean finance pledge.
A group of more than 30 countries cut public funding for fossil fuel projects overseas by up to $15 billion last year, an IISD report has found, although the United States has continued to pour billions into oil and has finance.
Join IISD's President and CEO Patricia Fuller at World Water Week 2024 as she discusses the need for inclusive approaches in global water-related goals.
A session at World Water Week 2024 where IISD will be joined by other experts to discuss two important aspects to nature-based solution projects: roles and capacity.