Browsing: Climate finance

As COP29 begins in Baku, all eyes are on the global climate movement, with high…

The United Arab Emirates has called for robust climate finance commitments at the upcoming Cop29…

Abdulla Balalaa, UAE Assistant Minister of Foreign Affairs for Energy and Sustainability, spoke at the 4th Climate & Development Ministerial during Pre-COP29 in Baku.

During the 4th Climate & Development Ministerial held as part of the Pre-COP29 meetings in…

In a critical address at the opening of Pre-COP in Baku, Sultan bin Ahmed Al…

The 10th edition of the World Green Economy Summit (WGES) continued on October 3, 2024,…

The 10th World Green Economy Summit (WGES), organised by the Dubai Supreme Council of Energy, DEWA, and WGEO, focuses on climate finance as a core theme. Recognised as essential for enhancing climate resilience, this topic will be discussed by global leaders, experts, and specialists in green finance.

Under the auspices of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai, the World Green Economy Summit (WGES), initiated a decade ago, has firmly established itself as a pivotal force in advancing sustainable development objectives and the shift towards a green economy.

The Anwar Gargash Diplomatic Academy (AGDA), a globally leading diplomatic centre of excellence in the UAE, g7+, an intergovernmental organisation of 20 countries that promotes peace and stability through advocacy on aid effectiveness, and ODI, a UK-based independent, global affairs think-tank, today announced  a new coordination mechanism to drive climate action in fragile and conflict-affected areas, in support of the landmark COP28 UAE Declaration on Climate, Relief, Recovery and Peace.

World leaders gather at COP28 in Dubai, where President Sheikh Mohamed announces the inception of the $30B Alterra Fund for climate financing. The summit addresses challenges in the clean energy transition and emphasizes global calls for climate action. Leaders discuss loss and damage, climate equity, and green initiatives. UK Prime Minister Rishi Sunak advocates for an “era of action,” and UN Secretary-General Antonio Guterres urges support for the loss and damage fund. Former Pakistani foreign minister Bilawal Bhutto Zardari welcomes progress but highlights challenges for climate-vulnerable nations.