Vulnerable island nations in the Pacific are in urgent need of resources to respond to the worsening climate crisis. Building on the success of mobilizing US $67 million in climate finance its first year of operation, the Climate Finance Access Network (CFAN) is partnering with the Pacific Community (SPC) and … [continued]
March 8 is International Women’s Day
Courtesy of Union Of Concerned Scientists By Rachel Cleetus The G-7 Leaders’ Summit is underway, from June 11–13, in Cornwall, UK. As host nation for this summit, and the annual climate talks later this year (also known as COP26), the UK will clearly be elevating the need for climate action, alongside dealing … [continued]
Goldman Sachs has been garnering quite a lot of Twitter praises after the bank updated its “Environmental Policy Framework.” As per the changes, the firm has now pledged:
Communities around the world are already feeling the impacts of climate change. Finance is at the heart of the matter: adapting to rising sea levels, heat waves, floods, and erratic weather is becoming expensive very quickly, particularly for developing countries.
Global climate financing has steadily increased over recent years, according to new research from the Climate Policy Initiative, and might have reached as much as $510 billion to $530 billion in 2017, but while this is, on its own, relatively good news, investment in climate action is falling short in several key areas.
The World Bank Group announced on Monday a new set of climate targets for 2021-25 and that it was doubling its current five-year investments to around $200 billion in support of countries taking ambitious climate action.
The world’s six largest multilateral development banks committed $35.2 billion to climate financing for developing and emerging economies in 2017, a new record seven-year high and up 28% on 2016.
This week, Anne-Sophie Garrigou, journalist at The Beam, interviewed Dr. Barbara Buchner and Dr. Frank Heinlein.
Norway’s foremost institute for interdisciplinary climate research has launched a new initiative pairing scientists with leading investors to better explain climate risk. The Center for International Climate and Environmental Research – Oslo (CICERO) has launched the Climate Finance Initiative, “a meeting place for climate scientists and leading global investors to … [continued]
