A group of 134 developing countries had pushed for at least $500 billion from rich governments to build resilience against climate change and cut emissions of planet-warming greenhouse gases.

Technology investment and corporate partnerships can play a crucial role in driving significant emission reduction, Hans Kobler of Energy Impact Partners tells TRENDS.

Climate finance plays a critical role in protecting Virunga National Park through innovative solutions like hydroelectric energy, director Emmanuel de Merode tells TRENDS.

The World Bank raised its target for climate-related projects from 35% of its annual financing to 45%. Given that the Bank's lending commitments in the most recent financial year were less than $130bn, the only way to get close to this target is by encouraging far greater private sector participation,...

Antoine Samaha of BCG applauds the launch of a Loss and Damage Fund for developing countries, emphasizing the need for efficient, equitable climate funding.

“Our appeal is that children and youth are integral to any discussion, debate, negotiation in a meaningful, participatory, and intentional way. Here in Dubai for COP, we’ve seen massive youth and children delegations,” adds Carla Haddad Mardini, Director of Private Fundraising and Partnerships at UNICEF.

The fate of oil, gas and coal is the thorniest issue being thrashed out at the COP28 UN climate talks in Dubai and divisions around their future have dominated the conference. The second version of the negotiating text puts three options on the table, setting the stage for a grueling...

"COP28 is a very important conference because what it's doing is not just bringing people together, but it provides certainty about the deadline that everyone wanting to make any real commitment must adhere to," he adds, underscoring the significance of the UN Climate Change Conference being held in Dubai.

The fund will be housed in the World Bank for four years, a decision accepted by developing nations despite concerns about the institution's Western-dominated structure.

The Green Climate Fund (GCF) was set up as part of the landmark 2015 Paris Agreement to funnel grants and loans to developing countries for adaptation and mitigation projects in a warming world. The fund plays a part in the promise by rich countries to supply $100bn of climate finance...

“As the UAE gears up to host COP28, it's crucial to involve all partners in hastening climate action, both locally and globally. Our objective is to mainstream sustainability. We're convinced that if we can make intricate climate change issues relatable worldwide, we can undoubtedly fulfill the Paris Agreement's objectives,” she...

The summit comes amid growing recognition of the scale of the financial challenges ahead, with warnings that the world's ability to curb global warming at tolerable levels is reliant on a massive increase in clean energy investment in developing countries. "The current financial architecture is unfair, it's punitive, it doesn't...

“When it comes to renewable energy, only two percent of the US$3 trillion invested worldwide over the last twenty years have made their way to Africa. If we can shift the balance on climate finance to Africa, I believe this continent can become a defining force in low carbon sustainable...

Dr Al Jaber noted that climate finance is essential for each workstream of the Paris Agreement, from mitigation to adaptation, and that these resources are particularly needed in the Global South, which has historically received an insufficient share of available resources.

PARIS, FRANCE  -  COP28 President-Designate Dr. Sultan Al Jaber met French President Emmanuel Macron and outlined his vision on the need to reform multilateral financial institutions to unlock capital for clean technologies and adaptation efforts. During his meeting with Macron, Dr. Al Jaber emphasized the need for ambitious reforms across...