With clean energy financing doubling that of fossil fuels in 2024, Simon Stiell calls it a "money-making opportunity" that is "too big to ignore". Meanwhile, only six nations have submitted new climate plans ahead of the 10 Feb deadline.
Indonesia is considering withdrawing from the Paris Agreement, arguing it is unfair for developing nations to comply when a major polluter like the US has pulled out, again.
Despite their huge potential as blue carbon sinks, the majority are under threat from the cultivation of palm oil, rice and aquaculture at current carbon prices, on top of cyclones and sea-level rise over the next century, researchers warn.
Asia Pacific nations face mounting climate costs as the world crosses the 1.5°C threshold, with extreme weather driving inflation, disaster risks and a US$815 billion annual financing gap for adaptation and resilience.