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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 $100 Million 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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Bill Gates Pledges $1.4 Billion to Help Farmers Adapt to Extreme Weather in Africa and Asia
"Billionaire Bill Gates’ foundation will invest at least $1.4 billion over the next four years to help farmers in sub-Saharan Africa and Asia access technologies that enhance resilience to extreme weather."
- Categories
- Agriculture, Environment
- Region
- Sub-Saharan Africa
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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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COP30: Canada Backs IFAD Investment in Efforts to Boost Funding for Climate Adaptation
The contribution to IFAD was announced at the 30th United Nations Climate Change Conference (COP30), in Belem, Brazil, by the Honourable Julie Dabrusin, Canada’s Minister of Environment and Climate Change.
- Categories
- Agriculture, Environment, Finance
- Region
- Sub-Saharan Africa
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African Development Bank Grants $100 Million Loan to Emerging Africa and Asia Infrastructure Fund
EAAIF aims to invest more than $850 million in infrastructure across Africa and Asia by 2027.
- Region
- Sub-Saharan Africa
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