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Global Fund Raises $11.4 Billion, Including $4.6 Billion From United States
The US pledge is tied to a 1:2 commitment, meaning that every $1 from the US has to be matched by at least $2 from other donors.
- Categories
- Health Care
- Region
- Global
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Just Climate Raises $375 Million for Natural Climate Solutions Strategy
Founded in 2021 by Generation Investment Management, a sustainability-focused investment firm chaired by former U.S. Vice President Al Gore, Just Climate aims to deliver impact by focusing on scaling solutions for the highest-emitting, most off-track sectors of the economy, investing in climate solutions that can radically reduce or remove emissions, while generating attractive risk-adjusted financial returns.
- Categories
- Environment
- Region
- Global
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End of Fossil Fuel Era Inches Closer as COP30 Deal Agreed After Bitter Standoff
Wealthy countries should triple funds for countries to tackle climate impacts, but deforestation and critical minerals blocked from final deal.
- Categories
- Energy, Environment, Investing, Technology
- Region
- Global
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African Development Group Group Grants $100M Loan to Eaaif to Support Sustainable Infrastructure
The financing, approved by the Board of Directors, will help the Fund attract private investment and support projects in renewable energy, digital connectivity, transport and other key sectors that promote inclusive growth and climate resilience.
- Categories
- Finance
- Region
- Global
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Countries Sharply Split on Fossil Fuels on COP30 Climate Summit Final Day
Delegates at the two-week conference have failed to reach a deal as Brazil circulated a new draft proposal on Thursday that did not include a roadmap to transitioning away from fossil fuels – nor mention the term “fossil fuels” at all.
- Categories
- Environment
- Region
- Global
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Climate Summit: Examining the Pharmaceutical Industry’s Climate Impact
The report reveals that, relative to its revenue, the pharmaceutical industry produces 55% more greenhouse gas emissions than the automotive sector.
- Categories
- Environment, Health Care
- Region
- Global
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Saving One of the World’s Most Important Carbon Sinks Is Big Business
To stave off a potential tipping point where the Amazon is irreversibly altered, Brazil is funding its restoration.
- Categories
- Environment
- Region
- Global
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Tripling the Adaptation Finance Goal Is Possible — Here’s What It Takes
We explore here whether a tripling of the adaptation finance goal would be possible — and find that it could be by 2035, the target year for the $300 billion NCQG.
- Categories
- Energy, Environment, Investing
- Region
- Global
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