In the run up to the second transitional committee meeting on 24 May in Europe, civil society seeks financing for climate-vulnerable countries that do not come in the form of loans, as well as for a more influential role for grassroots representatives.
Despite informal pressure to bring forward its 2070 net-zero target, India is unlikely to do that at this year’s G20 summit – but the country’s energy transition could accelerate change at the global scale.
Indonesia, Vietnam and the Philippines have cancelled almost 13GW of coal projects in 2022, but this is far from what is needed to phase out the fossil fuel over the next two decades, a new report from Global Energy Monitor has revealed.