The report says that governments need to repurpose harmful agricultural subsidies and reform international financial institutions A new report revealed that $443 billion a year is needed to meet the climate adaptation costs of smallholder farmers, who produce half of the world’s food calories. The report titled “Feeding the World in a Changed Climate” by Climate Focus for Family Farmers of Climate Action, said that this investment is less than the harmful agriculture subsidi

The report finds that adaptation could add up to 15% GDP in certain vulnerable states by 2050 compared to current policies. A new report found that targeted climate and nature resilience investment could create over 280 million additional jobs in emerging markets and developing economies by 2035, while boosting GDP and unlocking a trillion-dollar market opportunity.  The report titled “Returns on Resilience” was released ahead of COP30 by a consortium of 20 leading adaptatio

In May 2025, the Ministry of Finance released a document that could reshape India’s financial landscape. The draft Climate Finance Taxonomy framework covering power, mobility, buildings, agriculture, food security, water security, and hard-to-abate sectors, represents more than policy guidance. For Indian financial institutions, this framework isn’t just another regulatory document but a strategic roadmap that helps banks thrive in the next decade as global capital increasing

Union environment minister Bhupender Yadav said COP30 at Belém in Brazil should be the COP of adaptation, HT and several other outlets reported. Yadav was speaking at the Pre-COP30 meeting in Brasilia. He said COP30 must send a political message that multilateralism remains the cornerstone of global climate action. “We should all agree on a minimum package of indicators from the UAE-Belem Work Programme, leaving some of the rest for further technical discussion as necessary”

This is an abridged version of the interview first published in Chinese in Initium Media on April 7, 2025. The full interview in English can be found here in the substack Crunch Times.  Editor’s Note This interview with Tasneem Essop, Executive Director of Climate Action Network (CAN) International, was conducted by Chinese journalist JIANG Yifan in late January 2025, just after COP29 ended in Baku. As countries prepare for COP30 in Belém, Brazil, CarbonCopy is publishing it