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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 […]

OPEC Gains Prominence at COP28, Signals Oil Industry’s Involvement in Climate Debate

This year’s international gathering to tackle the climate crisis will for the first time have a major presence by an organization that sees oil demand rising to mid-century. For the first time, an organisation that anticipates a rise in oil demand through the middle of the century will have a significant representation at this year’s […]