Focus on World Bank
Brazil Restoration & Bioeconomy Finance Coalition Launched to Mobilize $10 Billion for Forest Conservation and Bioeconomy by 2030
MANAUS, Brazil--(BUSINESS WIRE)--Today, on the margins of the G20, a group of public and private sector leaders launched the Brazil Restoration & Bioeconomy...
Fragile countries make $20 billion climate finance push at COP29, letter says
"A flood situation in South Sudan or Somalia creates more catastrophe than it would in any other developing country."
Energy projects in developing countries to receive £79m in UK climate finance
The money comes under the UK’s existing pledge to spend £11.6 billion in climate finance over five years up to 2026.
Rich nations must double climate finance from taxpayers’ money by 2030 – experts
Currently, around $43 billion per year is flowing from developed to developing countries, according to a new analysis.
Finance and business deals announced at COP29 climate talks
The latest global climate talks in Baku drew 60,000 delegates, including many from business and finance — here are a few key deals made.
Development bank financing pledge gives COP29 summit early boost
Lenders, including the World Bank, aim to increase climate financing to poor and middle-income countries by 60% from 2023.
UK says £58bn climate finance tool to launch on London Stock Exchange
A $75B scheme to fund clean energy projects in poorer countries will launch on the London Stock Exchange.
At COP29, development lenders set $120 billion climate finance goal for poorer countries
Global banks pledge $120B yearly climate aid by 2030, targeting low-income nations, boosting private sector investment.
UN climate talks to focus on money to help poor nations cut carbon pollution
Curbing climate change's impact will cost trillions, but poor nations lack the funds, sparking debate at UN talks.
ADB increases climate finance after US, Japan give world’s first sovereign guarantees
The Asian Development Bank to boost climate lending by $7.2B as the U.S. and Japan back loans with world first sovereign guarantees.
