More: Climate finance
New Initiative to Help Unlock $3 Trillion Needed a Year for Climate and Nature
The World Economic Forum, supported by more than 45 partners today launched the Giving to Amplify Earth Action (GAEA), a global initiative to fund...
Analyzing the Cop 27 and its loss and damage fund agreement
The 27th UN climate conference in Sharm el-Sheikh, South Sinai, Egypt, from November 6–18 concluded with a historic deal where, for the first time,...
World Bank Group Delivers Record $31.7 Billion in Climate Finance in Fiscal Year 2022
The World Bank Group delivered a record $31.7 billion in fiscal year 2022 (FY22) to help countries address climate change. This is a 19%...
New UN financing initiative goes live to power climate action
A new UN-led financing tool to strengthen weather and climate forecasting, improve life-saving early warning systems, safeguard jobs, and underpin climate adaptation for long-term...
Blockchain Tech Could Be A Powerful Tool To Revolutionize Green Finance
As the urgency for solutions to climate change grows, so too does the need for traceable and transparent data for monitoring and measuring its...
We, the People of the World
The festivity at Glasgow is all over. Having burnt the midnight oil and that too for squarely thirteen nights, the summit plummeted into watered...
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...
Global Carbon Pricing Can Reduce Emissions and Pay For Itself
A new report, Increasing Climate Ambition: Analysis of an International Carbon Price Floor, found that global carbon pricing could pay for itself while cutting...
City Climate Finance Gap Fund completes first year of operation
The City Climate Finance Gap Fund (the Gap Fund) has approved technical assistance for 33 cities across the developing world since its operational launch...
MDBs Climate Finance Hit $66 Billion in 2020
Climate finance committed by major multilateral development banks (MDBs) rose to a total of $66 billion last year from $61.6 billion in 2019, according...