Topic: COP29
UAE Launches Global Energy Efficiency Alliance
The United Arab Emirates (UAE) has revealed plans for the Global Energy Efficiency Alliance during COP29, which aims to double global energy efficiency rates by 2030 and also...
ADB to Boost Climate Lending by $7.2 Billion with First-Ever U.S., Japan Guarantees
The Asian Development Bank (ADB) is set to increase its climate-related lending. This follows an agreement between the United States and Japan to underwrite risks for existing loans....
Shortfall in Climate Adaptation Funds
In 2022, developed countries provided 28 billion for climate adaptation. This amount is lower than the 359 billion needed annually. Despite the increase of $6 billion, the funding...