"It is important to recognize what makes private capital reticent, what can be done to minimize and mitigate the risks, including regulatory risks, so that they can contribute to climate finance", said Singh.
Gurgaon (Haryana) [India], May 7: Varuna Group, a leading supply chain provider, has partnered strategically with Climes, India's leading climate finance company, to build a carbon emissions calculator for their clients.
The Asian Development Bank (ADB) committed USD 23.6 billion from its own resources in 2023, including USD 9.8 billion for climate action, to help Asia and the Pacific progress on sustainable development.
The country is expected to seek a fresh IMF bailout package of over USD 8 billion with the possibility of augmentation through climate finance on the occasion of upcoming spring meetings of Breton Wood Institutions, known as the IMF/World Bank, scheduled to be held in Washington, DC, from Ap
Speaking at India's flagship annual conference, Raisina Dialogue 2024, India's G20 sherpa, Amitabh Kant, emphasised the need for institutions like the World Bank to transform into climate banks, so as to take on the challenges emanating from climate change.
The Commonwealth Group is trying to bridge the digital divide between the developed and developing worlds, and several steps have been taken in the direction of climate finance, artificial intelligence and improving trade, Commonwealth Secretary-General Patricia Scotland said on Friday.
Launching a G20 report, 'A Green and Sustainable Growth Agenda for the Global Economy' in New Delhi, Union Environment Minister Bhupendra Yadav on Wednesday said that India has maintained that climate finance and technology are essential for enabling the Global South to achieve the twin obje
The UAE's Ministry of Defence on Thursday launched the UAE Armed Forces' Climate Change Strategy, the first of its kind in the region on the sidelines of the COP28 at Expo City Dubai.
Abdulaziz Al Ghurair, Chairman of UAE Banks Federation, announced the pledge at an event organised jointly by Central Bank of the UAE with the COP28 Presidency to support and facilitate global climate finance solutions and progress towards a sustainable future.
ADB President Masatsugu Asakawa highlighted the significance of nature as a crucial carbon sink, with ecosystems absorbing approximately 55 per cent of carbon dioxide emissions.
This gathering brought together leaders from multilateral institutions, including COP28 President Dr Sultan Al-Jaber, United Nations Framework Convention on Climate Change (UNFCCC) Executive Secretary Simon Stiell, World Bank Group President Ajay Banga, and GFANZ Co-Chair and UN Special Envo
Multilateral Development Banks (MDBs) joined together at the COP28 climate summit in Dubai to commit to ambitious climate action and unlock over US$180 billion in climate finance.