Benjamin Diokn, Secretary of Finance of the Philippines, underscored the significance of COP28 to the world in general and the Philippines in particulate, which he said is "one of the most prone countries to the effects of climate change".
The BRICS nations are actively collaborating to accelerate sustainable finance within the group and implement joint climate and sustainability projects.
Katrin Jakobsdottir, Prime Minister of Iceland, praised the announcement of COP28 on supporting climate finance as a positive development and important step that "inspires hope on a global scale".
Noting that the countries in the Global South have had an immense impact of climate change on them, Prime Minister Narendra Modi said on Friday that in order to fulfil the aspirations of the Global South, climate finance and technology are essential.
Abu Dhabi [UAE], December 1: The second edition of the R.A.C.E (Regulation, Awareness, Collaboration, Ecosystem) Sustainability Summit took place today at Abu Dhabi Finance Week (ADFW) presented by Abu Dhabi Global Market (ADGM) in partnership with HSBC. R.A.C.E Sustainability Summit aimed t
Ahead of his visit to the United Arab Emirates (UAE), Prime Minister Narendra Modi has said that India has always walked the talk when it comes to climate action and added that even during the G20 Presidency, climate was high on priority.
India expects a clear roadmap on climate financing during the COP28 starting today, where world leaders, including Prime Minister Narendra Modi, will converge to chalk out strategies for climate mitigation.
Abu Dhabi [UAE], November 22: Abu Dhabi Global Market (ADGM), the international financial centre of UAE's capital, announced today its appointment as 'Principal Climate Finance Partner' at COP28, set to run in the UAE from 30th November to 12th December 2023. This partnership highlights ADGM
Climate finance provided and mobilised by developed countries for climate action in developing countries reached USD 89.6 billion in 2021, according to the OECD's sixth assessment of progress towards the goal for developed countries to provide and mobilise USD 100 billion of climate finance
Union Minister for Environment, Forest and Climate Change Bhupender Yadav on Friday said multiple crises of the Covid-19 pandemic, geopolitical tensions, and climate change impacts have disproportionately impacted developing countries and have also reversed their development.
Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology, and COP28 President, told the presidents of the world's biggest development banks that "we need more ambition; we need trillions, not billions," to fix climate finance.
Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology and COP28 President, has called for greater efforts to tackle adaptation finance gaps and prioritise actions to make climate finance more accessible to vulnerable nations.