s the world grapples with climate change, Asia is at a crossroads. Home to rapidly developing economies and vast ecological wealth, the region faces a stark challenge: balancing economic growth with environmental sustainability. Nature-based solutions (NBS), which protect and restore natural ecosystems like forests and mangroves, offer a promising path forward. But can these solutions
A lack of investment in green energy has left the world on track to overshoot the 1.5C temperature increase that scientists have defined as a critical threshold in global efforts to contain climate change. The finding was published on Thursday by REN21, a renewable energy think tank. In its annual status report on global clean
There is a US$4 trillion funding gap compared with the US$5 trillion annual investment the world needs to make by 2030 to reach the Paris Agreement’s ambition to contain global warming at 1.5 degrees Celsius by achieving net zero carbon emissions by 2050, the International Renewable Energy Agency estimated last year. 04:44 Cop28 climate summit
The Pandemic Fund Special Fund was established by AIIB to manage grants it receives as Implementing Entity of the Pandemic Prevention, Preparedness and Response Financial Intermediary Fund (the Pandemic Fund). The Pandemic Fund is a multi-stakeholder global partnership that provides a dedicated stream of additional, long-term financing to strengthen critical pandemic prevention, preparedness, and response