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25 Jan 23
The Indian government has raised close to $1bn from its inaugural green bond to help fund investments in the transition towards net zero.
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9 Nov 22
Countries across the developing world will need $2trn of climate finance a year by the end of this decade to offset the damage caused by climate change and reduce their reliance on fossil fuels,...
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8 Nov 22
Developing countries will need $340bn a year by 2030 in order to prepare for the damaging effects of climate change, according to the United Nations, but they currently receive a tiny fraction of...
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2 Nov 22
Lenders should work with governments in sub-Saharan Africa to improve financial management and governance and help “catalyse” climate finance to the region, the International Monetary Fund has said.
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27 Oct 22
The energy crisis shows that countries across the world must redouble their efforts to finance the transition to low-carbon alternatives, along with the ever-present threat of climate change, the...
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6 Oct 22
Countries across the world should speed up their fight against climate change in the next few years because the immediate cost will be “dwarfed” by the “overwhelming” benefits, economists at the...
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26 Aug 22
The Nigerian government aims to raise an initial $10bn of finance to help implement its planned energy decarbonisation, ahead of an international climate change conference.
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2 Aug 22
Rich countries must step up the level of climate finance they allocate to developing economies after a decade-long target was missed, the OECD has said.
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17 May 22
A deal between South Africa and some of the world’s richest countries, hailed as a potential blueprint for future climate finance, is still under negotiation more than seven months after being...
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22 Feb 22
Governments across the world spend $1.8trn on environmentally harmful subsidies each year, which could be redistributed to help combat climate change, according to an international pressure group.
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15 Nov 21
Developed nations and finance organisations need to commit more funding to poorer countries after last weekend’s climate change agreement failed to set overarching targets, according to experts.
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11 Nov 21
Pacific countries struggling against the effects of climate change need financial solutions that do not increase their debt, the prime minister of the Cook Islands has said.
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3 Nov 21
The Asian Development Bank has launched two multi-billion-dollar pilots aimed at the early retirement or repurposing of coal power plants, to help meet long-term climate goals.
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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.
25 Jan 23The Indian government has raised close to $1bn from its inaugural green bond to help fund investments in the transition towards net zero.
9 Nov 22Countries across the developing world will need $2trn of climate finance a year by the end of this decade to offset the damage caused by climate change and reduce their reliance on fossil fuels,...
8 Nov 22Developing countries will need $340bn a year by 2030 in order to prepare for the damaging effects of climate change, according to the United Nations, but they currently receive a tiny fraction of...
2 Nov 22Lenders should work with governments in sub-Saharan Africa to improve financial management and governance and help “catalyse” climate finance to the region, the International Monetary Fund has said.
6 Oct 22Countries across the world should speed up their fight against climate change in the next few years because the immediate cost will be “dwarfed” by the “overwhelming” benefits, economists at the...
26 Aug 22The Nigerian government aims to raise an initial $10bn of finance to help implement its planned energy decarbonisation, ahead of an international climate change conference.
2 Aug 22Rich countries must step up the level of climate finance they allocate to developing economies after a decade-long target was missed, the OECD has said.
17 May 22A deal between South Africa and some of the world’s richest countries, hailed as a potential blueprint for future climate finance, is still under negotiation more than seven months after being...
22 Feb 22Governments across the world spend $1.8trn on environmentally harmful subsidies each year, which could be redistributed to help combat climate change, according to an international pressure group.
15 Nov 21Developed nations and finance organisations need to commit more funding to poorer countries after last weekend’s climate change agreement failed to set overarching targets, according to experts.
11 Nov 21Pacific countries struggling against the effects of climate change need financial solutions that do not increase their debt, the prime minister of the Cook Islands has said.
3 Nov 21The Asian Development Bank has launched two multi-billion-dollar pilots aimed at the early retirement or repurposing of coal power plants, to help meet long-term climate goals.
2 Nov 21Indian 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.
6 Jul 21The 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.
23 Apr 21Joe 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.
7 Aug 20The world’s largest multilateral development banks committed $61.6bn of climate finance in 2019, a joint report has shown.
21 Mar 19The African Development Bank has promised to put at least $25bn towards climate financing between 2020 and 2025, doubling its commitments to ‘green’ projects.
12 Apr 17Four 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.
20 Mar 17G20 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.
