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World Bank abandons 45% climate finance target amid US pressure but retains climate action plan

The World Bank has abandoned its target for 45% of funding to developing countries to be classified as "climate finance," following pressure

World Bank abandons 45% climate finance target amid US pressure but retains climate action plan

The World Bank has abandoned its target for 45% of funding to developing countries to be classified as "climate finance," following pressure

World Bank abandons 45% climate finance target amid US pressure but retains climate action plan

The World Bank has abandoned its target for 45% of funding to developing countries to be classified as "climate finance," following pressure

UN Secretary-General calls for $2 trillion annual investment in clean energy for developing nations by 2035

At a climate summit, the United Nations Secretary-General urged swift global expansion of grids and storage, called for $2 trillion annual i

NRDC Framework Analyzes Revenue-Generating Climate Adaptation Finance Opportunities

NRDC's new framework identifies and analyzes adaptation finance opportunities, focusing on how climate adaptation activities can generate re

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Bezos Earth Fund has $7.6 billion left to disburse by 2030 as Lauren Sánchez Bezos takes lead role

The Bezos Earth Fund, launched in 2020 with a $10 billion commitment from Jeff Bezos to fight climate change, has disbursed only $2.4 billio

Study Argues Sustainable Finance Has Failed to Address Climate Change

A new paper by Lisa Sachs, director of the Columbia Center on Sustainable Investment, argues that sustainable finance has failed to meaningf