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3 Nov 21
South Africa will receive $8.5bn from some of the world’s most advanced economies to help transition away from coal power and meet its climate commitments.
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2 Nov 21
Indian prime minister Narendra Modi has called for improved finance opportunities to help address climate change, after the nation pledged to hit carbon neutrality by 2070.
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6 Jul 21
The G7 did not show enough ambition on climate finance, posing problems for the upcoming COP26 meeting in Glasgow later this year, argues Andrew Leming, researcher at the think-tank Bright Blue.
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23 Apr 21
Joe Biden’s pledge to spend $5.7bn each year helping developing countries deal with climate change has been criticised for lagging behind promises from other nations.
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6 Nov 20
Climate finance sent to developing countries grew in 2018 but progress towards international goals remains too slow, the OECD has said.
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7 Aug 20
The world’s largest multilateral development banks committed $61.6bn of climate finance in 2019, a joint report has shown.
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21 Mar 19
The African Development Bank has promised to put at least $25bn towards climate financing between 2020 and 2025, doubling its commitments to ‘green’ projects.
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5 Jul 18
The Asian Development Bank has raised €600m to boost climate financing through a green bond.
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12 Apr 17
Four major emerging economies have urged developed nations to boost their climate change aid to poorer countries, in line with commitments made under 2015’s landmark Paris agreement.
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20 Mar 17
G20 finance ministers have reined in their commitment to free trade as the US’s new anti-globalisation agenda interrupts the group’s decade-old tradition of resisting protectionism.
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10 Nov 16
Providing decision makers with robust and comprehensive information helps them to assess progress against investment goals and needs. Understanding how public policy, finance and support interact...
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8 Nov 16
Global climate finance has reached record levels the United Nations suggests, but is still not sufficient to implement countries’ climate pledges, an expert told PFI.
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3 Nov 16
Developed countries are overstating the amount of climate finance they channel to poorer nations by at least $20bn, Oxfam has claimed.
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5 Oct 16
Governments around the world are spending more on tackling climate change, mostly in their own countries, according to the Climate Policy Initiative.
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10 Aug 16
Over $80bn in climate finance was mobilised for projects funded by the world’s six largest development banks in 2015, a joint report from the banks has said.
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19 Apr 16
China is by far the largest new international aid donor, accounting for 70% of non-traditional funds for some of the world’s poorest countries, a report by the UK’s Overseas Development Institute has...
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8 Dec 15
The US’s Power Africa and the UK’s Energy Africa campaigns will be joining forces to help people on the continent gain access to clean energy.
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7 Dec 15
The economic damage caused by climate change could be 60% higher than previously forecast in Southeast Asia, the Asian Development Bank has warned.
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7 Dec 15
A draft agreement on curbing carbon emissions has been agreed at the international COP21 talks, negotiators have revealed, raising the prospect of a global deal to tackle climate change by the end...
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1 Dec 15
The opening day of the COP21 climate conference in Paris saw a slew of high-profile speeches and significant announcements including the launch of an international solar alliance and pledges to...
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25 Nov 15
The World Bank has called for $16bn in funding to help Africa adapt to climate change and build the continent’s resilience.
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24 Nov 15
Key emerging markets secured a record $126bn in clean energy investment in 2014, eclipsing the amount being invested in developed economies, with Latin America and China leading the way.