The Global Climate Finance Centre (GCFC), a private-sector-focused think tank and research hub, and Alterra, a $30 billion climate fund, have joined forces to scale up climate investment in emerging and developing economies. The partnership, which will leverage the combined strengths of both organisations, will focus on investment opportunities, innovative finance approaches and knowledge sharing,
“After many years of sustainable finance development, globally we see that the majority of the sizeable transactions are happening in the Organisation for Economic Co-operation and Development countries (OECD) and China,” Ma told the Post. “The rest of the emerging markets are lagging behind in terms of capacity, which has held back their development of
Campaigners say it is still falling millions short, while richer countries have just missed a deadline for the new loss and damage fund. ADVERTISEMENT Ireland is set to meet its pledge of providing €225 million in climate finance per year to poorer nations by 2025. Tánaiste (deputy prime minister of the Republic) Micheál Martin shared
Economic Forum (WEF) annual meeting in Davos, on January 16, 2024. (Photo by Fabrice COFFRINI / AFP) (Photo by FABRICE COFFRINI/AFP via Getty Images) AFP via Getty Images For all the talk of sustainability being put on the back burner whilst other issues (inflation, rates, AI, geopolitics etc) take centre stage, the energy transition and
ahead of the opening of the World Economic Forum (WEF) 2018 annual meeting, on January 22, 2018 in Davos, eastern Switzerland. / AFP PHOTO / Fabrice COFFRINI (Photo credit should read FABRICE COFFRINI/AFP via Getty Images) AFP via Getty Images The 54th Annual Meeting of the World Economic Forum takes place January 15 – 19,
“A more favourable interest rate environment in 2024 can be conducive to increased issuance of green bonds or sustainability-linked bonds,” said Tu. “But we need to find a variety of transition financing to support companies’ decarbonisation initiatives.” A photovoltaic power generation base in Taizhou, Jiangsu province, China. Photo: Getty Images Sustainable debt is tied to