ING to end oil and gas financing by 2040
ING has unveiled plans to phase out upstream oil and gas financing by 2040 and triple renewable…
Tag: climate finance
UK commits £85m to tackle global deforestation
The commitment, made at the COP28 summit in Dubai, includes up to £35m to protect the Amazon…
Climate crisis incurs $16m per hour in extreme damage
A study reveals extensive financial losses of approximately $2.8 trillion from extreme weather…
UK’s £160m green boost for developing nations
This financial support is expected to accelerate the development and deployment of green…
Decarbonisation rate ‘falls dangerously short of 1.5°C target’
Experts have emphasised the urgent necessity for an annual decarbonisation rate of 17.2%, a…
‘Carbon tax could have netted £23bn for UK’
The government has been urged to tax major polluters, reallocate £3.35 billion from North Sea…
UK commits record £1.6bn to Green Climate Fund at G20
During the G20 summit in India, Prime Minister Rishi Sunak highlighted the advantages of…
EU chief urges global carbon pricing for climate finance boost
The President of the European Commission has urged world leaders to examine the implementation…
Ban Ki-Moon slams delay on climate finance
‘We have no time to lose,’ the former UN Secretary-General said
UN appealing for $51bn to save 230m from climate disaster
This is a record amount, as floods and droughts continue to rise
