Climate Finance

Welthungerhilfe Urges COP31 to Fund Climate Adaptation as El Niño Looms

Bonn – November 08, 2026 -- Welthungerhilfe is calling on COP31 delegates in Antalya to commit to a binding plan for more public climate adaptation finance, warning that a very strong El Niño, rising food prices and deep cuts to aid budgets threaten food security for millions of people, particularly in the Global South.

Germany delivered €4.7 billion against a pledge of at least €6 billion

The aid organization says Germany provided only €4.7 billion from budget funds for international climate finance in 2025, short of its pledge of at least €6 billion, a gap of at least €1.3 billion. Dunja Krause, Welthungerhilfe's climate expert, argues that private capital cannot fill the shortfall. She cites OECD data showing that only 8% of mobilized private funds flow exclusively into adaptation measures. Germany is also attending COP31 without its chancellor.

Project InnerSpace Named Top-Five Climate Nonprofit for Fourth Year

BOSTON – November 06, 2026 -- Project InnerSpace, a geothermal-focused non-profit, has made Giving Green's Top Climate Nonprofits list for 2026-2027, its fourth consecutive year among the five organizations the evaluator ranks as most effective at driving long-term systemic change.

Giving Green cites financial de-risking plan for new geothermal projects

Project InnerSpace describes itself as a focused research organization (FRO). It aims to remove the major barriers to scaled global geothermal development by the end of this decade. In its report, Giving Green said it was impressed by the number of wins and connections the group has built in a short history. The evaluator also credited a plan to reduce financial risk for new geothermal projects.

Giving Green said the group's technical expertise lets it "influence capital well beyond its own budget."

Chestnut Carbon Signs Forest Carbon Credit Deal With RBC

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Chestnut Carbon Signs Forest Carbon Credit Deal With RBC

New York – September 14, 2026 -- Chestnut Carbon has agreed to supply Improved Forest Management (IFM) carbon credits to RBC, giving the global financial institution access to one of the largest forest-based carbon credit portfolios in the United States.

Chestnut's portfolio spans 200,000 acres across 37 states

The agreement draws on Chestnut's network of private forest landowners enrolled in IFM practices such as longer harvest rotations, retention of larger trees, strategic thinning, and prescribed burns. These practices are designed to improve forest resilience against wildfire and drought while sustaining long-term timber productivity.