COP28 – World Bank Unveils Ambitious Plan for Global Carbon Markets Growth
The World Bank has revealed ambitious plans aimed at propelling the growth of high-integrity global carbon markets.
This initiative involves 15 countries poised to generate...
COP28 Witnesses Unprecedented Climate Funding Pledges, Drives for Transformative Change
Governments, financial institutions, and corporations came together at COP28, rallying to address the global urgency of climate financing. The summit, led by the United...
World Bank Intensifies Climate Commitment and Debt Relief Measures at COP28
World Bank President Ajay Banga unveiled ambitious initiatives at the COP28 climate conference in Dubai, signaling a resolute shift toward climate-related projects and extended...
Charities and World Bank’s Investment Arm Unite to Mobilize $11 bn for Climate Finance
Leading charities have partnered with the World Bank’s private investment arm to establish the Allied Climate Partners (ACP) platform, aiming to raise a monumental...
UAE Launches $30 bn ALTERRA Climate Fund to Galvanize $250 Billion Investments by 2030
United Arab Emirates President Sheikh Mohammed Bin Zayed Al Nahyan, hosting the COP28 climate summit, unveiled the ambitious ALTERRA climate fund, a $30 billion...
COP28 Opens With Early Adoption of Climate Disaster Fund and Fossil Fuel Debate
The United Nations Climate Summit, COP28, commenced with a significant milestone as delegates embraced the establishment of a much-needed fund to aid vulnerable nations...
UAE Set to Launch $30 bn Climate Investment Fund at COP28
In a move amid COP28 the United Nations Climate Summit, the United Arab Emirates is poised to unveil a monumental $30 billion climate-focused investment...
Low-Income Nations Grapple to Access Climate Protection Financing Amid COP28 Focus
Low-income countries, facing risks from climate change, confront hurdles in obtaining crucial financial safeguards such as insurance, catastrophe bonds, and other risk-mitigating mechanisms, industry...
Investcorp Unveils $750 mn Climate Fund Anchored by Bahrain’s Mumtalakat at COP28
Investcorp, a Bahrain-based alternative asset manager, has announced the launch of a substantial $750 million climate-focused fund, christened Climate Solutions Partners.
The fund – announced...
Electrada Raises Alarm on Holiday Season Delivery Vehicle Emissions
As the holiday cheer fills the air, Electrada, a pioneering force in fleet electrification solutions, sounds a clarion call regarding the environmental impact of...
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