Tag: Climate finance
Financing Green Development in the Global South Amid Trump’s Aid Cuts and Market Turmoil
Funders of climate and development action face a gargantuan task at key gatherings over the coming weeks: working out how to move ahead when the world’s biggest aid donor is turning off the tap...
Fragile States Unite to Address Climate Finance Gap
A group of fragile states, including Chad, Iraq, Somalia, and Yemen, have banded together to address the urgent need for climate finance to combat the escalating impacts of climate change. These countries, often overlooked...
Is the Largest Climate Finance Coalition Worth Saving?
In April 2021, the largest climate finance coalition was formed by global banks and smaller lenders, led by the UK as host of the COP26 climate summit. This coalition, known as the Net Zero...
UN’s Climate Fund Urges Global Support After US Funding Cuts
The UN's Climate Fund Seeks Global Support Amid US Funding CutsThe recent withdrawal of $4 billion in pledges by the United States to the Green Climate Fund (GCF) has sparked concerns among global leaders...
Utilizing Capital-Market Borrowing to Achieve COP29 Goal
Utilizing Capital-Market Borrowing to Achieve COP29 GoalThe UN's Green Climate Fund (GCF) is exploring new avenues for funding to meet the ambitious goal set at COP29 in November. The fund, which supports climate action...
Achieving $300 Billion Climate Finance Goal at Fractious COP29: Impact on PoorestCountries
Rich Nations Commit to $300 Billion Climate Finance Goal at COP29After intense negotiations at the COP29 climate summit held in Baku, rich nations have agreed to provide at least $300 billion annually by 2035...
Efforts Urged for Emissions-Cutting as COP29 Draft Finance Text Lacks Numbers
Efforts Urged for Emissions-Cutting as COP29 Draft Finance Text Lacks NumbersThe draft text released by the COP29 Presidency has unveiled two vastly different options for the post-2025 goal for climate finance for developing countries....
