Latest IEA market report sees lower demand to 2026, based on current policies, but stronger actions are needed to drive a steeper decline towards meeting international climate goals.

Developing countries spent a record $443.5 billion to service their external public and publicly guaranteed debt in 2022. These costs shifted scarce resources away from health, education, environment and other critical areas, the World Bank’s latest International Debt Report showed.

The annual number of road traffic deaths dropped by 5 per cent to 1.19 million per year, according to this latest Global Status Report on Road Safety by the World Health Organization, even as the numbers continue to rise in India.

This report specifically focuses on battery energy storage in decentralized off-grid mini grids located in remote areas.

The amount of climate finance flowing to agrifood systems is strikingly low and continues to diminish vis-à-vis global climate finance flows. Agriculture is one of the sectors with the highest adaptation finance needs for implementing the nationally determined contributions (NDCs) but climate finance for adaptation is also on a downward trend.

Few of the sectoral initiatives announced during COP28 will meaningfully contribute to closing the emissions gap. Many of them lack either the ambition, clarity, coverage or accountability needed to really make a difference.

This FAO report emphasizes existing efforts and climate commitments, detailing an integrated approach for a just transition, outlining food security, nutrition objectives, and their emission implications. Additionally, it introduces ten domains of actions, and 20 key milestones.

Nearly $7 trillion of public and private finance each year supports activities that directly harm nature – some 30 times the amount spent on nature-based solutions annually, according to this report published by the UNEP.

As developing nations grapple with the largefinancing needs required to achieve our climate goals, the urgency to mobilize sub stantial capital towards communities, nature, and broader developmental efforts is resoundingly clear.

This report reviews renewable energy targets in Nationally Determined Contributions (NDCs) to the Paris Agreement as of the end of October 2023, ahead of the 2023 United Nations Climate Change Conference (COP28), and assesses their level of ambition against IRENA’s 1.5°C scenario and the goal of tripling renewables in the power sector by 2030.

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