COP30, Climate Summit
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Countries seeking to shift to clean energy while preparing for extreme weather and other effects of a warming planet will need vast sums of money.
The planet’s biggest climate conference has kicked off with representatives from more than 190 countries descending on the Brazilian city of Belém. Here’s what to expect
The conference is being led by COP30 president André Corrêa do Lago, Brazil’s vice minister for climate, energy and environment at the Ministry of Foreign Affairs. Among those scheduled to attend are government leaders and ministers, diplomats, U.N. representatives, scientists, business leaders and non-governmental organizations across the globe.
Dr. Peter Shi from Macquarie Business School explains how low-carbon supply chain finance helps businesses reduce emissions, unlock green funding and build resilient, profitable networks amid global climate challenges.
Learn how the African Development Bank is reshaping climate finance in Africa to support adaptation, mitigation, and sustainable growth
World Economic Forum recently unveiled roadmap in order to mobilize private climate finance at scale in emerging markets.
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Green finance was supposed to contribute solutions to climate change—so far, it's fallen well short
A decade ago, a seminal speech by Mark Carney, then governor of the Bank of England and current Canadian prime minister, set out how climate change presented an economic risk that threatened the very stability of the financial system.
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Climate finance roadmap: Achieving $1.3 trillion for vulnerable nations
COP29 in Baku set a bold goal for climate finance. The aim is to boost funding for developing countries to at least $1.3 trillion annually by 2035. The roadmap was not intended to be a formal agreement under the UN climate negotiations. Instead, the two COP presidencies took the initiative to design a plan for expanding climate finance.
India reaffirmed its commitment to multilateralism and equity in climate action at COP30. It urged developed countries to fulfil their finance and technology obligations to developing nations.