climate finance

A new report from ActionAid has found that climate-destructive sectors are benefiting from subsidies amounting to an average of US$677 billion in the Global South every year. According to the …

African countries are facing a disproportionately high and increasing climate change bill, a new World Meteorological Organization (WMO) report warns. The report, published this week, outlines that African countries are …

Breakthrough Energy Ventures (BEV), a Bill Gates-backed climate venture capital firm, has raised $839 million for its third flagship fund, BEV III. The raise, detailed in a regulatory filing, makes …

Combatting the climate crisis requires $3 trillion in new capital each year through 2050, according to US Treasury Secretary Janet Yellen. This, she said, “can be leveraged to support pathways …

The Helios Climate, Energy Access, and Resilience (CLEAR) Fund has raised approximately $200 million in its first close for investment focused on climate mitigation and adaptation in Africa. The fund, …

The Global Climate Finance Centre (GCFC) and the International Renewable Energy Agency (IRENA) have formed a strategic partnership to scale climate finance and renewable energy initiatives globally. According to the …

A new report from Development Initiatives, titled ‘Climate finance: Earning trust through consistent reporting,’ explores the climate finance reporting landscape and highlights a central issue: there is no agreement on …

A problem as unprecedentedly large and destructive as climate change demands bold new thinking and urgent action. Yet since the COVID-19 pandemic and Russia’s invasion of Ukraine, geopolitical tensions have …

Brookfield Asset Management and Alterra Management Limited have launched the Catalytic Transition Fund, focused on directing capital into clean energy and transition assets in emerging economies. Brookfield will manage the …