Tag: Climate Change
Aon: Natural disaster economic damage reaches €194bn in six months
New Aon report shows record number of large scale disasters in first half of 2023, with Turkey and Syria Earthquakes presenting big lessons.Â
Canada set for world’s largest offshore carbon capture project
Direct Ocean Capture pilot facility planned for Quebec to capitalise on high carbon density of oceans compared to air.Â
Iberdrola green bond raises €850m for investment
Demand exceeded €2bn, revealing high investor demand for sustainable finance options as Iberdrola sees first energy from French offshore wind.Â
Africa50 and International Solar Alliance agree partnership
New agreement will see policy support, an investment fund created and a start-up platform to identify innovative new projects.
Mott MacDonald supporting Bangladesh to improve access to climate finance
Project will enable Bangladesh to access and deliver long-term funding to implement its national climate plans.
World’s largest MDBs agree rules of alignment with Paris Climate Agreement
Ten of the world's largest multilateral development banks agree compliance rules for financing projects within the Paris Climate Agreement.
IDB loans $400m for green hydrogen projects in Chile
Inter-American Development Bank (IDB) approves loan to support the development of the green hydrogen industry and its derivatives in Chile.
EIB backs 103MW of windfarms in Austria
The European Investment Bank grants €110m loan to energy utility EVN AG for the deployment of 103MW of renewable energy.
EBRD president warns global economic system is failing due to climate...
Odile Renaud-Basso explains that neither nature nor the economy can be sustained doing things the way we do, as she seeks investable projects, better regulations and more carbon pricing.
ADB resilience finance hit $11.4bn in 2022
Private sector partners, 14 bilateral partners, six multilateral partners, and four global funds co-financed 124 sovereign and 41 non-sovereign projects with ADB in 2022.