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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 […]

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 […]

India Can Host COP33 In 2028: PM Proposes At COP28

India’s Prime Minister Narendra Modi proposed hosting the 33rd Conference of the Parties of the UNFCCC (COP 33) in 2028. Speaking at COP28 in UAE, Modi stated India’s commitment to the UN Framework for Climate Change process and that it is 11 years ahead of time for emission intensity targets  On Friday, Indian Prime Minister […]

Agreement On Loss And Damage Deal Reached On Day 1 Of COP28

Fund to help the world’s poorest and most vulnerable countries hit by climate disaster is the first decision agreed upon at the conference In a significant move during the first day of COP28, participating countries took an important step by agreeing to operationalise the ‘Loss and Damage Fund’, addressing the critical issue of vulnerable countries […]

Extreme Rainfall Increases Exponentially With Global Warming: Study

Researchers from the Potsdam Institute of Climate Impact Research (PIK) looked at the intensity and frequency of daily precipitation extremes over land in 21 ‘next generation’ climate models used by a UN body in its global assessments   State-of-the-art climate models drastically underestimate how much extreme rainfall increases under global warming, according to a study […]

Global Debut Of EcoRatings Set To Take Centre Stage At COP28

The platform, focused on empowering individuals, businesses, and governments, rates products and services across various categories based on the United Nations 17 Sustainable Development Goals (SDGs) framework, utilising over 200 sub-indicators   In a significant development at COP28 in the UAE, EcoRatings, an AI-driven platform for ESG ratings, is poised to debut on December 5, […]