climate finance
Delay of Indonesia’s energy transition plan a chance to get public input
JAKARTA — Observers are calling for greater public participation and transparency in a $20 billion effort by Indonesia to move away from fossil fuels and toward renewable energy, following the government’s failure to publish the plan for the phased transition in time. Under the Just Energy Transition Partnership (JETP), signed in 2022, the G7 group […]
Peru signs $20-million debt-for-nature swap with focus on Amazon rainforest
Peru signed a deal last week that will redirect millions of dollars of international debt to environmental efforts in the Amazon rainforest, a move that could help it meet long-term conservation goals and reduce pressure from creditors. The South American country struck a $20 million debt-for-nature swap agreement with the U.S. that transfers debt payments […]
Study: Tricky balancing act between EV scale-up and mining battery metals
Rapidly transitioning the world’s vehicle fleet to fully electric could significantly cut greenhouse gas emissions from transportation, but also dramatically increase demand for critical battery metals like lithium, nickel and cobalt, according to a new study in the journal Nature Communications. Researchers from Cornell University and the Paul Scherrer Institute modeled different scenarios where major […]