climate

Cities Worldwide Face Alarming Climate Finance Shortfall, Study Reveals at COP28

A study released during the sidelines of the COP28 climate talks by the Cities Climate Finance Leadership Alliance (CCFLA) has underscored a severe lack...

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...