UN climate chief Simon Stiell has told negotiators at the COP29 in Baku, Azerbaijan that setting an ambitious new climate finance target is crucial for the well-being of all nations, including the wealthiest and most powerful.
Browsing: Climate finance
As extreme weather events drive up the costs of climate response, mitigation, and adaptation, the Azerbaijan Climate Summit, beginning Monday, will focus on establishing an ambitious new global climate finance target.
The Adaptation Gap Report 2024, released by the United Nations Environment Programme (UNEP), highlights the urgent need to boost climate…
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The African Climate Reality Project (ACRP) is urging leaders at COP29 in Baku, Azerbaijan, to prioritize Africa’s climate challenges by…
Experts have called for a unified action to secure scaled-up climate finance for Africa.
A climate change expert, Mr Emmanuel Emechete, has urged the Federal Government to strengthen the capacity of institutions responsible for climate finance
“It is intended that this concessional finance window will be used to support climate finance transactions, in addition to other financing opportunities,” said Oramah, who was represented at the event by Afreximbank’s Director of Project and Asset-Based Finance, Helen Brume.
The new data, released to Carbon Brief via freedom-of-information (FOI) requests, reveals how “international climate finance” (ICF) was dispersed in the financial year 2023-24. This builds on larger Carbon Brief analysis tracking ICF spending back to 2011.
African Leaders have advocated for a reform of financial architecture that integrates climate change and public finance to liberate Africa.