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    Common Dreams. To inform. To inspire. To ignite change for the common good.
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    Common DreamsTo inform. To inspire. To ignite change for the common good.

    climate finance

    COP30 President puts his head in his hand.

    Climate Talks End With 'Empty Deal' That Fails on Forests, Finance, and Fossil Fuels

    "COP30 provides a stark reminder that the answers to the climate crisis do not lie inside the climate talks—they lie with the people and movements leading the way toward a just, equitable, fossil-free future," one campaigner said.

    Olivia Rosane
    Nov 22, 2025

    The United Nations Climate Change Conference, or COP30, concluded on Saturday in Belém, Brazil with a deal that does not even include the words "fossil fuels"—the burning of which scientists agree is the primary cause of the climate crisis.

    Environmental and human rights advocates expressed disappointment in the final Global Mutirão decision, which they say failed to deliver road maps to transition away from oil, gas, and coal and to halt deforestation—another important driver of the rise in global temperatures since the preindustrial era.

    Keep ReadingShow Less
    climate finance
    climate-emergency
    COP30 logo in Brazil

    At COP30, Progress on Public Finance Is Critical for a Fair Fossil Fuel Phaseout

    As ministers arrive in Belém for the final COP30 sprint, the world must move from words to action: That means ending fossil fuel expansion and unlocking the public finance needed to build a fair, fast, and funded energy transition.

    Lidy Nacpil
    Elizabeth Bast
    Nov 18, 2025

    At COP28 in Dubai, countries finally agreed to transition away from fossil fuels. That pledge signaled the beginning of the end of the fossil fuel era. But words alone won’t cool the planet, and in the years since, fossil fuel production has only continued to rise, driven primarily by rich countries.

    As ministers arrive in Belém for the final COP30 sprint, the world must move from words to action. That means ending fossil fuel expansion and unlocking the public finance needed to build a fair, fast, and funded energy transition.

    Keep ReadingShow Less
    climate emergency
    cop30
    Damage from Hurricane Melissa.

    Climate Adaptation Failure Is the Next Debt Crisis for the Global South

    This is the new face of global inequality: Countries that contributed least to the crisis are being made to pay twice—first through climate impacts, and then through debt.

    Jawad Khalid
    Nov 11, 2025

    As deadly storms ripped through the Caribbean, a new United Nations report delivered a sobering warning: The world is failing to prepare for the climate it has already created.

    The UN Environment Programme’s Adaptation Gap Report 2025, aptly titled Running on Empty, finds that developing nations will need between US$310 and $365 billion annually by 2035 to cope with intensifying climate impacts. Yet, international public finance for adaptation fell to just US$26 billion in 2023, down from US$28 billion the previous year. The result: Only one-twelfth of what’s needed is being delivered.

    Keep ReadingShow Less
    climate finance
    climate-emergency
    Oil Boom in Texas's Permian Basin

    The Planet Wreckers Are Holding the World Back; We Must Call Them Out at COP30

    Leaders have a choice: continue shielding fossil fuel interests, or stand with the majority of the world demanding a fast, fair, and funded transition away from oil, gas, and coal.

    Romain Ioualalen
    Nov 10, 2025

    As world leaders gather in Belém for COP30, the stakes could not be higher.

    Ten years after the Paris Agreement, despite the progress made the world has reached a breaking point. We’ve temporarily breached 1.5°C of warming, climate impacts are accelerating faster than even scientists feared, and people, especially in the Global South, are suffering the consequences. The past year has brought record-breaking heat, deadly floods, and wildfires from California to the Amazon. But despite the mounting evidence, the fossil fuel industry and a handful of rich countries continue to pour fuel on the fire.

    Keep ReadingShow Less
    climate emergency
    cop30

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