Tags: Climate Finance

For developing countries Climate finance is still not on table: Javadekar

Climate finance of USD 100 billion a year and green technologies for mitigation actions promised in 2009 under the Paris agreement are still “not on the table” for developing countries, Environment Minister Prakash Javadekar said in Parliament on Monday. At the 15th Conference of Parties (COP15) of the United Nations Framework Convention on Climate Change […]

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New Zealand’s climate finance not enough to reach frontline countries – Oxfam

New Zealand’s overseas climate finance is a lifeline to many of the world’s poorest countries and communities on the frontlines of climate change, but the level of funding provided until now falls far below what is needed to meet our international obligations, according to Oxfam figures published today. Oxfam’s new report Standing With The Frontlines, released […]

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India, Germany agree to provide financial support to climate conservation projects

India and Germany on Wednesday agreed to provide financial support to climate conservation projects aimed at reducing greenhouse gas emissions, promoting renewable energies and sustainable forest management in India. Addressing the third Indo-German Environment Forum in New Delhi, German Federal Minister for Environment, Nature Conservation and Nuclear Safety, Svenja Schulze said, “India is an important […]

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Climate Change May Cut Farm Income By 20-25%, Says Economic Survey

Climate change could adversely affect farmers income by up to 20-25 per cent in the medium term, the Economic Survey warned and suggested the need for “dramatic” improvement in irrigation, use of new technologies and better targeting of power and fertiliser subsidies. The government has also been recommended to take “radical follow-up action” to achieve its objective of addressing agricultural stress […]

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European bank, German firm ink pact to counter climate change

The European Investment Bank (EIB) and the Deutsche Gesellschaft fur Internationale Zusammenarbeit (GIZ) GmbH on Wednesday announced stepping up their cooperation in climate change mitigation. EIB President Werner Hoyer and GIZ Management Board’s chair Tanja Gonner underscored their commitment in an agreement signed here. Although climate change mitigation and renewable energy projects take centre stage, […]

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Policy Reforms, Innovation Can Unlock Trillions in Climate Finance: IFC Report

Developing countries can meet climate targets promised in the landmark Paris Agreement by catalyzing trillions of dollars in private investments through a combination of smart policy reforms and innovative business models, according to a new report by IFC, a member of the World Bank Group. The report identifies seven industry sectors that can make a […]

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