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UN Climate Summit commits to combating climate change

The United Nations (UN) Climate Summit this week heard a strong commitment for a meaningful, universal climate agreement in Paris next year, with a first draft to be presented in Lima in December. “Change is in the air.  The race is on, and you are...

Strong financing for low carbon development

In 2013, six leading Multilateral Development Banks (MDBs) provided approximately $24 billion in financing for projects in developing and emerging economies that address the challenges of climate change, says the third annual joint MDB report on...

Africa needs significant investment

Africa needs significant investment, UN Secretary-General Ban Ki-moon told the General Assembly’s high-level debate on investment in Africa. “In recent years, Africa’s economic growth has been higher than in many other regions. Even at the peak of...