Senegal signs Just Energy Transition Partnership deal after South Africa, Indonesia & Vietnam
The deal will mobilise 2.5 billion euros for Senegal & will help increase the share of renewable energy installed capacity to 40%
High road to Dubai COP28: Developing countries demand ambition on financial support in Bonn
There can be no discussion on enhancing mitigation ambition in developing country Parties without an accompanied discussion on enhancing …
India should receive $57 trillion in compensation from Global North for climate damages: Study
US should provide a cumulative compensation of $80 trillion, the European Union and the United Kingdom owe $46 trillion & remaining …
Africa Climate Summit: Youth and children demand climate justice, call for action now
Africa Youth Climate Assembly emphasises need for collaborative and immediate action in a declaration, reflects urgency echoed in …
Paris finance meet: Momentum builds for polluter taxes to fund green transition
Panellists discuss shipping and airline levies, financial transaction taxes and fossil fuel taxes at Pact Summit
African cities and climate change: The real debate is who should pay to fix the problem
Re-balancing the carbon equation so African cities urbanise sustainably requires immediate and major investments in infrastructure
New economic model, collaborative effort needed to address environmental challenges in Africa: UNEP
Model must help Africa adapt to climate change while creating jobs for its people
Paris finance meet: Barbados envoy proposes tool to make green finance affordable
A Partial FX Guarantee Mechanism will reduce cost of capital for renewable energy projects in developing countries, says Avinash Persaud in his paper
Adaptation Gap Report 2023: Funding to developing nations declines 15% despite international pledges, rising costs
Neither domestic nor private funding sources could help bridge the adaptation finance gaps, report notes
UN launches 10 principles to close Asia-Pacific sustainable finance gap
Aimed at mobilising and deploying financing for key Sustainable Development Goals, particularly around climate action
COP28 recap: 5 insider highlights from negotiation rooms of Global Stocktake text
The two-week long battle of negotiations saw many competing priorities from countries influencing the text
Paris finance meet: What is the Summit for a New Global Financing Pact about?
Discussions on how to reform Multilateral Development Banks (MDB) to better serve the needs of the Global South will be in spotlight
Climate change could hit India, 58 other nations’ credit ratings
Countries ranking higher on sovereign ratings likely to face more severe downgrades
COP28 head calls for ramping up renewables, carbon capture and climate finance
Comments indicate a focus on abatement technologies at Dubai summit over fossil phase-out
Least developed countries set expectations for COP28 with Dakar Declaration
LDCs account for 1% of GHG emissions but are at forefront of the climate crisis, say ministers
G20 Summit: Good progress on easing debt in Zambia, Ethiopia & Ghana, says finance minister
India releases G20 New Delhi Leaders’ Declaration stating developing countries would need $5.8-5.9 trillion up to 2030 to …
UN Climate Ambition Summit 2023: Who’s leading the charge?
Topics like Loss and Damage Fund, fossil fuel phaseout and $100-billion climate finance promise remain inconspicuous
