Tag Archives: climate finance

Increasing deadly weather extremes around the world prove that mobilising private capital is “essential” and “urgent” in order to combat climate change, says the CEO of one of the world’s largest independent financial advisory, asset management and fintech organisations. Nigel Green The call-to-action from deVere Group’s chief executive, Nigel Green, comes as it is revealed the past seven years have ...

Deliberations under the current session of the Conference of the Parties (COP), Conference of the Parties Serving as the Meeting of Parties to the Kyoto Protocol (CMP) and Conference of the Parties serving as the meeting of the Parties to the Paris Agreement (CMA) came to an end on Saturday, November 13, 2021, in Glasgow, one day after their scheduled conclusion. ...

Nigeria’s Environment Minister of State, Sharon Ikeazor, in an interview conducted in Glasgow at the UN Climate Change Conference (COP26), expresses optimism that the country will attract financing to address its ecological challenges and alleviate the situation of the vulnerable people. Excerpts: Environment Minister of State, Sharon Ikeazor From the situation on ground, particular Nigeria, what sort of a deal ...

Ahead of COP26 in Glasgow, the LDC Group – consisting of the 46 least developed countries who are the most impacted by the climate crisis despite contributing the least to it – is anxious to see real progress that will see emissions halved by 2030 and climate finance scaled up to support climate action in developing countries. Mr Sonam P. ...

The Lagos-based Centre for 21st Century Issues (C21st), a not-for-profit responding to the challenges of the 21st Century through addressing inequality, climate change, democracy and governance, in the lead up to the 26th Session of the Conference of the Parties (COP26) to the United Nations Framework Convention on Climate Change (UNFCCC) holding in Glasgow in November 2021, recommends that more ...

African countries want a new system to track funding from wealthy nations that are failing to meet a $100 billion annual target to help the developing world tackle climate change, Africa’s lead climate negotiator said. Tanguy Gahouma, chair of the African Group of Negotiators The demand highlights tensions ahead of the COP26 climate summit between the world’s 20 largest economies, ...

We are now a couple of weeks away from the UN’s COP26 in Glasgow where critical decisions that will shape the future of climate governance will be made. As the continent least responsible for, and yet most vulnerable to climate change, African governments cannot afford to be complacent on the need for strong negotiating positions and astute diplomacy in order ...

The participants of the preparatory conference for COP26 expect that all outstanding points of the Paris Agreement can be resolved, even as the preparations that are now necessary are to be made for this. Pre-COP26 conference in Milan, Italy At the meeting, Germany’s State Secretary for the Environment, Jochen Flasbarth, called on the industrialised countries to close the remaining gap in ...

With just weeks to go before COP26, it is clear rich countries and major emitters still need to ramp up efforts to bridge the gap in climate finance, submit new and enhanced nationally determined contributions and address the needs of vulnerable communities experiencing loss and damage. The 76th Session of the UN General Assembly (UNGA 76) Members of Climate Action ...

The release of two reports last week providing updated information on the level of ambition of national climate plans around the world and the amount of climate finance provided and mobilised are the cause of concern for the least developed countries. Mr Sonam P. Wangdi, Chair of the Least Developed Countries (LDCs) Group As world leaders meet at the UNGA, ...