Plus which country led oil and gas exploration in 2024
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** What's new in sustainable development
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** Public Financial Support for Fossil Fuels Hit USD 1.5 trillion in 2023
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The latest data shows that global fossil fuel subsidies last year were the second highest on record, after a 2022 peak. Developed countries spent more supporting fossil fuels in 2023—USD 378 billion—than the USD 300 billion they have committed to mobilize annually as climate finance for the developing world by 2035. Our experts unpack the key findings ([link removed]) .
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** Why ECT Modernization Will Not Deliver for Climate
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We explain ([link removed]) what the Energy Charter Treaty’s modernization means, why it won’t stop more states from withdrawing from this outdated treaty, and why the changes won’t deliver sufficient protection for climate policies. Read a commentary from IISD expert Lukas Schaugg in The Financial Times' Sustainable Views ([link removed]) .
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** Russia Led Oil and Gas Exploration in 2024
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Russia issued 14 oil and gas exploration licences last month, making it the country with the highest embodied emissions from new fields in the past year. Find this and other data insights in the latest edition ([link removed]) of the Carbon Minefields newsletter. Subscribe ([link removed]) to get this and other data insights straight to your inbox.
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** How to Address the Growing Issue of Carbon Leakage
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As more countries adopt carbon pricing and other climate policies, concerns about carbon leakage—shifting emissions to nations with lower climate ambitions—are rising. This toolkit ([link removed]) outlines policy options to tackle this issue and their trade-offs.
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** How FfD4 Can Strengthen Finance for Development, Climate, and Nature
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With the Fourth Financing for Development Conference (FfD4) approaching, governments face critical decisions on how to finance the SDGs, climate action, and biodiversity. We examine the key issues at stake ([link removed]) , reflect on Preparatory Committee discussions at the UN, and outline what FfD4 must achieve.
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** Good COP? Bad COP?: Food systems at COP 29
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The 29th United Nations Climate Change Conference (COP 29) in Baku failed to build on the notable progress made on food systems at COP 28. But it wasn't all doom and gloom. Claire McConnell breaks down the good and the bad ([link removed]) .
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** How Does ASM Fit into the Energy Transition?
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A new IGF report ([link removed]) examines the potential for the often overlooked, labour-intensive, and low-tech artisanal and small-scale mining (ASM) sector to supply critical minerals for low-carbon energy and other emerging technologies.
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** Budgeting for Net Zero
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To deliver on ambitious energy goals by 2030, the Indian government has introduced a suite of financial and non-financial support measures. But will these measures be sufficient ([link removed]) to reach the goals in full and on time?
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** Transforming Policies Through Agricultural Support and Subsidies in Developing Countries
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The latest edition of the IISD Trade and Sustainability Review features four unique perspectives from leading experts in trade and agriculture. The authors explore how well-designed agricultural policies and subsidies can promote sustainability in developing and least-developed countries. This issue is available in English ([link removed]) , French ([link removed]) , and Spanish ([link removed]) .
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