COP29 draft deal proposes $1T climate finance
The COP29 UN climate summit unveiled a draft deal Thursday in Baku, proposing at least $1 trillion in annual…
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COP29: EBRD invests in landmark solar projects in Azerbaijan
The European Bank for Reconstruction and Development (EBRD) announced a landmark investment at COP29 in Baku,…
Azerbaijan to host COP29 with regional support
Azerbaijan is set to host next year's 29th Session of the Conference of Parties (COP29) after it secured the…
COP29 still without host as Russia blocks Bulgaria’s bid
Russia, which is facing sanctions from the European Union due to its war in Ukraine, is objecting to the idea of…
Norway pledges $50m to ADB’s climate action catalyst fund
Norway has committed up to $50 million to the Asian Development Bank's (ADB) Climate Action Catalyst Fund (CACF), a…
Egypt, EBRD to boost partnership to accelerate sustainable energy transition
Egypt has signed renewable energy agreements with private sector partners, achieving a total capacity of 4.7…
Egypt commits to 42% renewable energy share by ’30 – PM
At the 2024 UN Climate Change Conference (COP29), Egyptian Prime Minister Moustafa Madbouly emphasised Egypt's…
MDBs pledge to boost climate financing – ADB
Multilateral development banks (MDBs) issued a joint statement at COP29, outlining ambitious plans to increase…
ADB expands climate lending with US, Japan guarantees
The Asian Development Bank (ADB) announced a $7.2 billion boost in climate lending, backed by the United States and…
UAE, Ghana collaborate on nature-based solutions initiative
The United Arab Emirates (UAE) and Ghana have announced a $30 million partnership aimed at supporting nature-based…
