Tag:climate finance

While the gathering in Belém sets the tone for two weeks of negotiations, the key test will be whether developed countries step up to match rhetoric with financial, technological and capacity-building support. India and its partners argue that ambition without means is hollow.

The Asian Development Bank (ADB) has approved a US $100 million financing package for Sri Lanka aimed at bolstering macroeconomic resilience, transparency and public-sector efficiency in the aftermath of its economic crisis.

Though Nepal has introduced climate budget tagging to track climate-related public spending, gaps remain in strategy, transparency, and alignment with national climate goals.

The visit is seen as part of ongoing efforts to align Pakistan’s financial policies with international climate commitments, ensuring sustainable economic reforms in the face of mounting environmental challenges.

In May, temperatures in the Philippines and Thailand topped 50 degrees Celsius as an intense heatwave gripped South and South-East Asia.

Kirti Vardhan Singh urged all nations to work with determination toward meaningful outcomes at CoP29, describing the conference as pivotal for shaping future climate action.

Round-the-clock negotiations in Baku on the always thorny topic of money are reportedly moving slowly. Delegates from developing nations are calling for more and faster progress on new funding for loss and damage and accelerated clean energy goals.

A year on from the ‘Global Stocktake’ on climate action, there are few signs of progress as climate adaptation remains ‘fragmented, uneven’. Experts say...