ADB Launches New Carbon Fund to Incentivize Climate Investments
The Asian Development Bank (ADB) this week launched a new carbon fund, the Climate Action Catalyst Fund (CACF), at COP26.
The CACF will help ADB’s...
Climate change increasing threats in southwest Pacific
From rising sea temperatures, to deadly and devastating storms and floods, climate change is increasing threats in the southwest Pacific, the World Meteorological Organization...
UN chief welcomes China-US pledge to cooperate on climate action
Wednesday’s announcement that China and the United States have agreed to collaborate more closely on climate action was hailed by UN Secretary-General António Guterres...
Nature Investment Accelerator Invites Corporates to Slash 1Gt Emissions Annually
Today, five leading companies, made an announcement to join forces towards creating an investment accelerator, aggregating corporate demand for 1 Gigatonne of emissions from...
By 2030, half world’s population will be exposed to flooding, storms, tsunamis
By the year 2030, an estimated 50 per cent of the world's population will live in coastal areas which are exposed to flooding, storms and tsunamis.
That...
Dramatic boost needed in climate adaptation
Although policies and planning for climate change adaptation are increasing, financing and implementation lag behind, the UN Environment Programme (UNEP) said in a new...
Alliance for Clean Air: Private Sector Commitment to Reducing Air Pollution
Ten companies have today launched the Alliance for Clean Air, the first global corporate initiative to bring together leading businesses to tackle air pollution....
COP26: More than 100 countries commit to halt and reverse deforestation by 2030
A pivotal pledge to save and restore our planet’s forests was officially announced on the second day of the COP26 World Leaders Summit, and...
Past 7 years set to be warmest on record, sea level at new high
Record greenhouse gas concentrations have pushed the planet into uncharted territory, with repercussions likely for current and future generations, warned the World Meteorological Organization (WMO) this Sunday.
The past seven years...
More than 60 Asian CSOs call on ADB to clarify details of its coal retirement mechanism
The Asian Development Bank (ADB) must delay soliciting financial support for its coal buy-out scheme in Southeast Asia at COP26 until it has addressed...