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COP28: India, China Abstain From Renewable Power Pledge, 118 Nations Sign Up

India’s absence from the list of countries that signed the Global Renewables and Energy Efficiency Pledge has come as a surprise considering New Delhi, as the G20 president, plays a significant role in ensuring the agreement on renewable energy capacity and energy efficiency   At the COP28 climate meeting on Saturday, both China and India […]

ADB Introduces USD 2 billion Nature Solutions Finance Hub At COP28

The Asian Development Bank (ADB) unveiled its Nature Solutions Finance Hub for Asia and the Pacific at COP28, setting a goal of attracting a minimum of USD 2 billion in investments The initiative focuses on integrating nature-based solutions into investment programs, particularly targeting capital markets and private capital sources. ADB President Masatsugu Asakawa highlighted the […]

Women’s Economic Empowerment And A Gender- Responsive Just Transition Introduced At COP28 Gender Equality Day

“Climate change is not gender neutral – it disproportionately impacts women and girls. Already, the climate crisis amplifies existing gender inequalities and poses a serious threat to women’s livelihoods, health, and wellbeing,” – Razan Al Mubarak President of the International Union for Conservation of Nature   During COP28’s Gender Equality Day, ministers and senior officials […]

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 […]