Factbox: Who is pledging climate finance at COP28, and how much? philstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from philstar.com Daily Mail and Mail on Sunday newspapers.
At this year s U.N. climate summit,
countries, development institutions and businesses are pledging
more money for everything from the energy transition to health
care initiatives, technology. -December 06, 2023 at 07:18 am EST
- MarketScreener
Hosts the United Arab Emirates said more than $83 billion had been mobilised during the first five days of the event. The biggest single deal of COP28 saw hosts the United Arab Emirates pledge $30 billion to a new fund to invest in climate friendly projects across the globe, with $5 billion for the Global South. The World Bank said it aims to increase climate funding to 45% of its total lending, which equates to an increase of $9 billion annually.
Mobilise private sector to overcome climate finance challenge khaleejtimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from khaleejtimes.com Daily Mail and Mail on Sunday newspapers.