The World Meteorological Organisation (WMO) released its State of the Climate in Africa report this week. The report details that the continent is on the frontlines of the climate crisis and facing…
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Following backlash from Nobel laureates, world leaders, and climate change experts, the latest draft of the UN Pact for the Future has brought back wording on fossil fuels. Back in…
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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…
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At COP 26 in Glasgow, 39 countries and public finance institutions joined the Clean Energy Transition Partnership (CETP), pledging to end international public finance to fossil fuels in a world…
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This week, UAE-based firm Hodler Investments announced plans to launch a $500 million Digital Energy Infrastructure (DEI) Fund. Subject to compliance and regulatory approval, the close-ended exempt Fund will facilitate…
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IFC has announced it has subscribed $50 million in Jordan’s first locally issued sustainability bond by Jordan Ahli Bank (JAB). The investment is supported with blended finance through IFC’s Global…
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World Resources Institute (WRI), a global research non-profit, has found that, despite growth in the number of banks with net-zero commitments, they are not on track to achieve their goals.…
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B2B digital assets infrastructure Zumo has signed the Abu Dhabi Sustainable Finance Declaration, a voluntary membership-based initiative. Launched in 2019, the initiative is aimed at increasing the depth and quality…
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Sustainable mobility start-up E Daddy has announced that it has secured USD 15 million (approximately AED 55 million) in investment. “We envision a world where clean, sustainable energy is not…
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Climate change is on the ballot in November’s US presidential election. A second Donald Trump presidency could lead to an additional four billion tons of carbon dioxide emissions by 2030, erasing the…