Stay Connected. Stay Informed.
India was among 13 countries and a regional alliance of African countries that announced plans to set up a national platform for “climate and nature finance” at a ministerial event during COP30 underway in Belem, Brazil, on Saturday (November 15, 2025). This would be coordinated through the Green Climate Fund (GCF), an institutional mechanism that…
Read More “India to spruce up mechanisms for accessing climate finance” »
Panama Climate Envoy Juan Carlos Monterrey Gomez, left, and Wopke Hoekstra, EU climate commissioner, attend a session on climate targets during the COP29 U.N. Climate Summit, Thursday, Nov. 21, 2024, in Baku, Azerbaijan. (AP Photo/Sergei Grits) | Photo Credit: Sergei Grits A new draft text released early on Thursday (November 21, 2024) which will form…
BASIC countries, including India, have asked developed countries to honour their commitments to provide climate finance rather than “diluting obligations” and rejected attempts by the rich nations to shift their financial responsibilities during negotiations at the ongoing COP29 | Photo Credit: Reuters BASIC countries, including India, have asked developed countries to honour their commitments to…
The story so far: The 2024 Union Budget, presented by Finance Minister Nirmala Sitharaman on Tuesday, includes developing a taxonomy for climate finance to enhance the availability of capital for climate adaptation and mitigation. “This will support achievement of the country’s climate commitments and green transition,” Ms. Sitharaman said in her speech. What is taxonomy…
Read More “Budget 2024: What is taxonomy for climate finance? | Explained” »