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
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…
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,…
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…
Global climate finance reaches $125b in ’23
Multilateral development banks (MDBs) announced that their global climate finance reached a record $125 billion in…
UK falling short on 2030 emissions goals – CCC
The UK government is at risk of missing its 2030 climate target, with only a third of the required emissions…
COP28 commitments not enough to meet climate objectives – IEA
The International Energy Agency (IEA) stated on Sunday that the multitude of new commitments made at the COP28…
