Tag: Climate finance
COP29| No more delay. Time to pay up is now!
...COP29 is taking place in a challenging geopolitical and economic context marked by a downward trend in global growth, drastic budgetary constraints and cuts...
World Bank, IMF, and G20 remain in diagnostic mode as Climate...
...On the sidelines, G20 finance ministers convened to release a communiqué that highlighted the urgency of reforming Multilateral Development Banks (MDBs) and improving global...
New report reveals slow progress in addressing Africa’s need for climate...
...The African Union's admission to the G20 and the appointment of a third sub-Saharan African representative to the IMF executive board has strengthened African...
Africa must demand for bold climate solutions and economic justice at...
...In 2023 alone, $2.4 trillion was spent globally on defense, while total climate finance in 2022 was only $1.3 trillion, most of which was...
Africa’s perspective on the new climate finance deal: A call for...
...Africa's position is clear: the continent requires $1.3 trillion per year in climate finance to meet its adaptation and mitigation goals.
...Grants, Not Loans: Africa...
Philanthropies can partner with business and government to close climate...
...The world needs up to $3.5 trillion of additional investments each year to reach net-zero and restore nature
...Combined funding from business, government and philanthropic...
COP28| Leaders in first Global Stock take since Paris Agreement
...The UAE established ALTÉRRA, the largest private climate vehicle, and announced a $30 billion commitment to the vehicle with the aim of mobilizing $250...
Multilateral Development Banks deliver record climate finance of close to $61...
...Of the amount, $38.0 billion, or 63%, went into climate change mitigation finance, and $22.7 billion or 37%, supported climate change adaptation
...Worldwide MDB climate...
African experts call for more innovation, partnerships and government reforms to...
MON, SEPT 11 2023-theGBJournal |With Africa requiring over $300 billion annually for climate adaptation, policymakers and government officials meeting at a high-level event on...
AfDB announces $1 billion fund to accelerate access to climate...
...The additional financing will boost YouthAdapt, a joint initiative between the Bank and the Global Centre on Adaptation
SEPT. 06 2023-theGBJournal | African Development Bank...
