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Finance
May 13, 2025
Climate adaptation becomes lucrative driver in green economy
Climate adaptation is emerging as a new engine propelling the green economy in response to the impacts of climate change. A recent study by the London Stock Exchange Group (LSEG) revealed that solutions related to climate adaptation generated an additiona
May 08, 2025
Verra launches new method to turn early coal plant closures into carbon credits
Verra, an international carbon credit verification body, announced a new certification methodology that allows emissions reductions from early coal plant shutdowns to be converted into carbon credits.
April 21, 2025
What is the ‘Tropical Forest Forever’ fund and will it work?
Led by COP30 host Brazil, 12 countries are finalising a fund that aims to raise USD 125 billion for tropical forest conservation and launch at the November climate summit.
April 16, 2025
China releases its first green sovereign bonds in London
Experts say the bonds will attract international investment in China’s green transition, bringing private funding and boosting international climate cooperation.
March 12, 2025
Nearly a tenth of global climate finance threatened by Trump aid cuts
Nearly a tenth of global climate finance could be under threat as US president Donald Trump’s aid cuts risk wiping out huge swathes of spending overseas.
January 08, 2025
Updated: Six biggest banks in the US leave Net-Zero Banking Alliance
In less than a month, six of the largest banks in the U.S., including JPMorgan, have announced their withdrawal from the United Nations Net-Zero Banking Alliance (NZBA).
December 10, 2024
Analysis: Why the $300 bln climate-finance goal is even less ambitious than it seems
At COP29 in Baku, developed-country parties agreed to help raise “at least” $300bn a year by 2035 for climate action in developing countries. Yet it faced a strong backlash from many developing countries, with some branding it a “joke” and “betrayal”.
November 25, 2024
COP29: Four key highlights from the UN climate summit in Baku
After intense debates, an agreement to increase climate financing was reached, though many countries remain dissatisfied with the outcome. In addition to the financing agreement, what other key developments took place at this year's summit?
November 22, 2024
Will China assume more responsibility for global climate finance?
As the New Collective Quantified Goal on climate finance approaches at COP29, China’s stance is drawing significant attention.
November 21, 2024
NCQG draft sparks outrage as COP29 fails to bridge finance divide
COP29 released a draft climate finance proposal on Nov. 21, but key details regarding the scale, sources, and mechanisms of the funding remain unclear. This leaves member countries with the challenge of reaching a consensus in the coming days.