The European Bank for Reconstruction and Development (EBRD), the OPEC Fund for International Development (the OPEC Fund), the African Development Bank (AfDB), the Green Climate Fund (GCF) and Arab Bank today signed a US$ 114 million financing...
The Green Climate Fund (GCF) has approved the first funding proposal of the African Development Bank for Zambia’s Renewable Energy Financing Framework. Under the agreement the GCF will provide a $50 million loan and a $2.5 million grant towards the...
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...
The Conference of the Parties to the Kyoto Protocol met for the nineteenth time (COP19) in Warsaw in November this year. The aim of COP19 was to provide a structure for a new global agreement in 2015, to be signed or ratified in Paris. An agreement...
Reuters reports that leaders of a fledgling UN green fund have agreed to select a headquarters this year as part of a plan to oversee billions of dollars in aid to help developing nations fight global warming. The meeting, which lasted over three...