COP29 $300 Billion Climate Finance Deal; Developing Nations Say Amount is Inadequate

Nearly 200 nations worldwide endorsed a fraught climate finance deal early November 24 morning at the…

COP29 Faces Deadlock on Climate Funding and Emissions

Negotiators at COP29 in Baku, Azerbaijan, face mounting pressure as they tackle climate finance. The discussions…

Egypt’s Renewable Goal Threatened Without Global Support

Prime Minister Mostafa Madbouly warned at COP29 that Egypt’s renewable energy target of 42% by 2030…

EU’s CBAM Raises Concern over High-Carbon Import Tariffs

Asian Development Bank (ADB) worries about the European Union’s high-carbon import tariffs. The Carbon Border Adjustment…

The World Needs at least $2.4 trillion for Climate Finance – UNFCCC Executive Secretary

The Executive Secretary of the UN Framework Convention on Climate Change (UNFCCC), Simon Stiell, said today…

British Investment to Fund Indian Climate Projects

British International Investment (BII), the United Kingdom government’s development finance institution, plans to invest about $1…

EU Launches €150bn for Africa’s Green Energy Transition

EU launches first regional plan under the Global Gateway Investment Scheme. African states will receive €150…

COP26 Reaches Consensus on Key Actions to Address Climate Change

Adaptation, mitigation and finance are all strengthened in a complex and delicate balance supported by all…

Sustaining Energy Transition Agreements

Discussions at the ongoing 26th Conference of Parties (COP) summit gears towards ensuring a sustainable carbon-free…

Natural Gas is Vital to Africa’s Development – AfDB Boss

Africa needs natural gas for industrialisation AfDB seeks financing for energy projects in Africa In an…