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• Corruption undermines climate action: Transparency International’s report highlights the significant role corruption plays in hindering climate action worldwide.
• Vulnerable countries at risk: Many climate-vulnerable nations, often with low CPI scores, are particularly susceptible to corruption within climate funding.
• Impact on climate funds: Billions of dollars intended for climate mitigation and adaptation are at risk of being misused or stolen.
• Examples: South Africa, Vietnam, and Indonesia face corruption risks within their energy transition plans.
• Developed countries not immune: Corruption also impacts climate action in developed countries, such as the US, where fossil fuel interests can influence policy.
• Weak governance: Countries hosting UN climate summits, like Azerbaijan and Brazil, have low CPI scores, raising concerns about transparency and accountability.
• Urgent need for action: The report emphasizes the need to integrate anti-corruption measures into all climate efforts to ensure the effective use of funds and the success of climate action.