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COP28 Presidency Introduces Landmark Initiatives Accelerating Energy Transition

At the World Climate Action Summit, COP28 President Sultan Al Jaber on Saturday unveiled the Global Decarbonisation Accelerator (GDA) a series of landmark initiatives designed to speed up the energy transition and drastically reduce global emissions   The GDA is focused on three key pillars: methane and other non-CO2 greenhouse gases (GHGs); rapidly scaling the energy […]

Key Initiatives On Nature, Carbon Markets, Renewables And More Discussed On Day 2 Of Business & Philanthropy Climate Forum At COP28

The second day of the inaugural COP28 Business and Philanthropy Forum included key announcements on preserving nature, energy transition alongside a methane abatement accelerator and an initiative to decarbonise health supply chains   Key business and philanthropy leaders joined with leaders of multilateral development banks and political leaders from emerging economies at COP28 on Saturday, […]

COP28 Presidency Reveals Investcorp Collaboration With Innovate For Climate Tech Coalition

The ‘Climate Solutions Investment Platform’ will provide growth capital to companies that provide products, services, and technologies that drive decarbonisation and address the impacts of climate change   The COP28 Presidency revealed the USD 750 million Climate Solutions Investment Platform announced by Investcorp, an alternative investment management firm, as part of its collaboration with ‘Innovate […]

“Climate Action Must Ensure That Priorities Of Global South Is Not Compromised”: PM Modi

Prime Minister stresses that as nations pursue climate action, it must be based on equity, climate justice, shared obligations and shared capacities Advocating for strong, global cooperation against climate change, Prime Minister Narendra Modi said that it must be ensured that these actions don’t compromise the development priorities of the Global South. Prime Minister Modi who is […]

India’s Environment Minister Emphasises Climate Justice Ahead Of COP28

“When we talk about climate change, we must talk about climate justice also. It is important to give a dignified life to every human being, and to recognise that every country has a right to development,” said Bhupender Yadav, Environment Minister Ahead of COP28 in the UAE, India’s Environment Minister Bhupender Yadav emphasised the critical […]

Developed Nations Should Cut Down Emissions; Should Be Talks On This At COP28: RK Singh

Union Power Minister RK Singh emphasises that the dialogue at COP28 should focus on reducing carbon dioxide emissions Union Power Minister R K Singh has said the dialogue at COP28 should be about reducing emissions and it is for the developed countries to first cut down emissions. “Developed countries are emitting at a faster pace […]

COP28 Presidency Host Day To Drive Action To Support World’s Most Vulnerable 

The COP28 Presidency on December 3 enshrines a collective commitment to increase investment and actions to drive resilience in countries and communities affected by conflict, fragility or humanitarian crisis    On the COP28 Presidency on December 3 formally unveiled endorsements of its COP28 UAE Declaration on Climate, Relief, Recovery and Peace (the Declaration), as part of its […]

Over 150 Non-State Actors Signed Call-To-Action Calling For The Transformation Of Food Systems For People, Nature And Climate

At COP28, the Broad Coalition of Farmers and Frontline Communities, Business, Philanthropy, and Cities send a strong message to assembled world leaders and the global community through a shared Non-State Actors Call to Action for Transforming Food Systems for People, Nature, and Climate    As world leaders assemble at the UN Climate Conference in Dubai, […]

UAE Commits US$30 Billion In Catalytic Capital To Launch Landmark Climate-Focused Investment Vehicle At COP28

With this USD 30 billion commitment, ALTÉRRA becomes the world’s largest private   investment vehicle for climate change action and will aim to mobilise USD 250 billion globally by 2030    As world leaders gathered for COP28, the UAE came forward with  a USD30 billion commitment to the newly introduced catalytic climate vehicle, ALTÉRRA, that will drive […]