All want to do good by the planet. Most expect to do well for themselves.
UN Climate Action Summit hopes to catalyse the private sector to lead global shift away from fossil fuels to renewables.
Drawing on the direct perspective of some of the world’s largest institutions across the investment chain, including private banks, asset managers, and asset owners, the report identifies concrete opportunities for leadership by the public and private sectors to meet the objectives of the Paris Agreement.
Press Release: UNDP Supported Countries to Receive $84.9m for Climate Action From the Green Climate Fund
The approved funding for adaptation reflects the Fund’s commitment to meeting the needs of societies that are highly vulnerable to the effects of climate change – in particular Least Developed Countries (LDCs) and Small Island Developing States (SIDS) – and supporting high-impact, country-led initiatives to achieve low-emission, climate-resilient development.
Press Release: The Rockefeller Foundation Launches New Climate and Resilience Initiative; Commits An Initial $8 Million To Continue Supporting Global Network Of Cities And Chief Resilience Officers
The first commitment of this initiative is an initial $8 million to continue supporting the work of Chief Resilience Officers (CROs) and member cities within the 100 Resilient Cities (100RC) Network.
- Press Release
The $100bn mark was first reached in November 2017 during the COP23 climate summit, and then again in September 2018. Now the milestone has been reached during the first half of the year for the first time.