UAE’s $30b climate fund gears up for new investments
The United Arab Emirates' $30 billion climate finance fund, Alterra, is preparing for its next investment phase…
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climate finance
Egypt’s private sector attracts $10.3b investments in 4 years
Egypt has facilitated $10.3 billion in funding and investments for the private sector over the past four years,…
British lender announces $100m financing pact for Africa
British International Investment, a development lender, announced a $100 million financing agreement with TDB.
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…
Egypt, Italy sign green electric corridor MoU at COP28
The German Siemens Energy Group and the Italian Prysmian Group announced on Tuesday the signing of a memorandum of…
OPEC chief warns of energy chaos if oil left underground
At the COP28 summit in Dubai, Organisation of the Petroleum Exporting Countries (OPEC) Secretary-General Haitham…
Egypt’s strategy for lower methane emissions underway – oil minister at COP28
Egypt plans to develop a local strategy designed to reduce methane emissions, Minister of Petroleum and Mineral…
COP28: Donors pledge $777 million to fight NTDs in Africa
During the Reaching the Last Mile (RLM) Forum at COP28, global donors pledged $777 million to combat neglected…
60 million people need training for green jobs: ILO official
The demand for green jobs is outpacing the production of green talent and there is urgent need to train around 60…
COP28: Abu Dhabi hosts Global Climate Finance Centre
Abu Dhabi is hosting the new Global Climate Finance Centre (GCFC) at the Abu Dhabi Global Markets (ADGM) in…