A paltry 14 percent of climate finance is going to the least developed nations and just 2 percent to small island developing states, which have done least to cause the climate crisis but are being hit hardest. Climate finance provided and mobilised by developed countries for developing countries totalled USD 78.9 billion in 2018, up… Continue reading Too much climate finance given as loans force poorer nations into debt
Tag: Climate mitigation
Climate finance from multi-lateral banks reaches $61.6 billion in 2019
The 2019 report shows that $46.6 billion – or 76% of total financing for the year – was devoted to climate change mitigation investments that aim to reduce harmful greenhouse gas emissions and slow down global warming. Of this, 59% went to low- and middle-income economies. Climate financing by seven of the world’s largest multilateral development… Continue reading Climate finance from multi-lateral banks reaches $61.6 billion in 2019
Nature-Based Solutions to 21st Century Challenges
Nature Based Solutions (NBS) come in a variety of shapes and sizes and can be applied across marine and terrestrial environments to solve a variety of societal challenges including mitigating climate change and enhancing the liveability of cities. In the 21st Century, society is faced with a variety of climatic and non-climatic challenges that can… Continue reading Nature-Based Solutions to 21st Century Challenges