Governments still spend five times more on fossil fuels than clean energy, new analysis finds

Santa Marta, Colombia — Governments worldwide are continuing to channel far more public money into fossil fuels than renewable energy, raising concerns about energy security and the pace of the global transition to cleaner systems, according to a new analysis released by the International Institute for Sustainable Development. The findings, published as senior officials gather […]

Global coalition launches ‘People’s Declaration’ urging rapid, just shift from fossil fuels

Santa Marta, Colombia — A broad alliance of civil society organisations, Indigenous groups, labour representatives, and climate activists has unveiled a sweeping global declaration calling for a fast and equitable transition away from fossil fuels, as governments prepare for a landmark international conference on energy transition. The initiative, titled the People’s Declaration for a Rapid, […]

Debt crisis ‘major barrier’ to fossil fuel transition, global advocates warn

Santa Marta, Colombia — A global coalition of civil society groups and researchers has warned that mounting debt burdens are undermining efforts to shift away from fossil fuels, calling for sweeping reforms to the international financial system to enable a fair energy transition. The warning came at a press conference held on the sidelines of […]

Santa Marta summit opens with focus on climate, biodiversity and Global South priorities

Santa Marta Summit A high-level international summit opened Friday in Santa Marta, bringing together policymakers, scientists, activists, and development partners to confront escalating climate and biodiversity crises, with a strong emphasis on equity for vulnerable communities. The gathering, hosted on Colombia’s Caribbean coast, is expected to run for several days and produce a joint roadmap […]

Global food system on brink of collapse due to intense heatwave: UN warns

The Guardian Heat waves are no longer just a nuisance—they are a direct threat to the world’s food system. Farmers are unable to work in the fields, livestock are suffering from heat exhaustion, and crop yields are declining. The United Nations has warned that if this continues, the livelihoods of more than a billion people […]

Sri Lanka’s power sector overhaul aims to fix deep-rooted inefficiencies, but challenges remain

Sri Lanka is embarking on one of the most significant overhauls of its energy sector in decades, seeking to address chronic inefficiencies, mounting debt, and governance failures that have long strained the country’s economy. While policymakers present the reforms as a pathway to sustainability and affordability, analysts caution that structural changes alone will not guarantee […]

Top economies spent $314bn on fossil fuel subsidies in 2024

The world’s largest fossil fuel importing economies spent about $314 billion subsidising fossil fuels in 2024, more than double their support for renewable energy, a new analysis has found. Data compiled by the International Institute for Sustainable Development (IISD) shows nine of the top 10 importing economies allocated $313.6 billion to fossil fuel subsidies last […]

Bangladesh moves to plug multi-billion-dollar climate finance gap

Bangladesh has begun developing its first comprehensive national climate finance strategy in a bid to mobilise billions of dollars needed to tackle escalating climate threats, officials said, as the country grapples with rising costs of adaptation and disaster resilience. The initiative comes as Bangladesh faces intensifying climate impacts, from stronger cyclones to creeping salinity, while […]

COP30 Concludes in Belém: Gains in Adaptation Finance and Equity, but Fossil Fuel Roadmap Eludes Agreement

Belém, Brazil Following an intense overtime session that stretched the talks by a full day, the 30th UN Climate Conference (COP30) wrapped up in Belém, Brazil, with notable advancements in adaptation funding, mechanisms for a just transition, and gender-responsive climate strategies. However, the summit left over 88 countries disappointed as efforts to establish a concrete […]

Bangladeshi Youth at COP30 Call for Fast & Fair Transition to Keep 1.5°C Alive

At the Bangladesh Pavilion of COP30 in Belém, young climate leaders from Bangladesh gathered for a high-level dialogue titled “1.5°C Is Non-Negotiable: Bangladeshi Youth Call for a Fast & Fair Transition.” Organized by Brighters, Bangladesh Youth Climate Coalition, Climate Citizen Network, and Bangladesh Youth COP, the event amplified the urgent demands of Bangladeshi youth for […]