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Climate change

CPI Report on Global Landscape of Climate Finance 2019

Four years after world leaders negotiated the Paris Climate Agreement, national policies and market signals are starting to reflect the urgency of increasing finance into areas of the economy that address climate change. However, a new study shows that while investment in climate action has been steadily increasing, it remains far short of the economy-wide transformation […]

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Investments in Climate Action Increasing, but not Fast Enough: Report

A new study shows that while investments in climate action have been steadily increasing, it remains far short of the economy-wide transformation required. Four years after world leaders negotiated the Paris Climate Agreement, national policies and market signals are starting to reflect the urgency of increasing finance into areas of the economy that address climate […]

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27 Countries Pledge $9.776 bn to Replenish the Green Climate Fund

27 countries have pledged to replenish the Green Climate Fund (GCF) by USD 9.776 billion for the next four years, with more contributions expected The shared urgency of addressing climate change took a big step forward with 27 countries pledging to replenish the Green Climate Fund (GCF) by USD 9.776 billion for the next four […]

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To Meet Paris Climate Target 8x Higher Solar, Wind Needed: DNV GL

Governments, businesses and society as a whole need to change the prevailing mindset from ‘business-as-usual’ to ‘business-as-unusual’ to fast-track the energy transition, says Ditlev Engel. In order to meet the targets of the Paris climate pact, there’s a need for taking extraordinary policy actions to promote renewable energy, electric vehicles (EVs), energy efficiency, new decarbonization […]

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Climate Projections of Today Becoming Reality of Tomorrow; need to be strengthened

During the two-day second stakeholder workshop under East Africa Peru India Climate Capacities (EPICC) project, discussions focused on climate predictions, monsoon, hydrology, and migration Speaking about India Meteorological Department’s (IMD) efforts to improve its forecasting services, Dr Mrutyunjay Mohapatra, Director General, IMD said, “We are providing meteorological services to all districts and at the block […]

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Storage Solutions Can Change the Outlook of India’s Telecom Industry: Atul Arya

Storage solutions can change the outlook of India’s telecom industry by enabling integration of renewable energy and providing future expansion of rural telecom reach, for small cell cities and energy management services on the cloud, believes Atul Arya, head energy systems, Panasonic India, an Indian arm of Japanese electronics major. In conversation with Manu Tayal, […]

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Australia Offers USD 340 Million in Climate Funding to Pacific Islands

Australia will be granting a USD 340 million climate change package to the pacific island countries to help them invest in renewable energy projects Prime Minister Scott Morrison has announced that Australia will be granting an AU$ 500 million (USD 340 million) climate change package to the pacific island countries. The move to grant the […]

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IRENA and UNFCCC Join Forces to Accelerate RE as Climate Solution

IRENA and UNFCCC are jointly ramping up efforts to fight climate change by promoting the widespread adoption and sustainable use of renewable energy. The International Renewable Energy Agency (IRENA) and UN Climate Change (UNFCCC) are jointly ramping up efforts to fight climate change by promoting the widespread adoption and sustainable use of renewable energy. The […]

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GGF Attracts €4 mn in Funding for Climate Action in MENA

GGF has attracted EUR 4 million in dedicated funding from the initiative Climate Action in the Middle East North Africa (CAMENA). The Green for Growth Fund (GGF), an impact investment fund advised by Finance in Motion, has attracted EUR 4 million in dedicated funding from the initiative Climate Action in the Middle East North Africa […]

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