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UAE, IRENA unveil $1bn global climate finance platform at COP26

The Abu Dhabi Fund for Development (ADFD) has committed $400 million to the Energy Transition Accelerator Financing (ETAF) Platform, a new global climate finance...

Climate finance by developed countries rose 2% in 2019, but stalls...

Climate finance provided and mobilized by rich countries for developing nations surged by 2 percent annually to reach $79.6 billion in 2019 but is...

World Bank unveils key elements of new Climate Change Action Plan

The international financial institution World Bank Group’s new Climate Change Action Plan will increase climate finance, focus on climate results and impact, improve and...

Investments of rich nations in climate financing rise to touch $78.9bn

In order to assist developing countries reduce carbon emissions and cope with the effects of climate change, richer nations have ramped up investment, although...
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