Multilateral development banks raise climate finance to a record $163 billion
Multilateral development banks (MDBs) raised a record $163 billion in climate finance during 2025 to support low- and middle-income countries,…
Climate Finance
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Wealthy countries overstating the true value of climate finance, says Oxfam
Wealthy nations overstated the value of climate finance they provided to low- and middle-income countries by as much as $100…
World Bank Group shifts focus from finance targets to development outcomes
The World Bank Group has announced an ‘extension’ of its Climate Change Action Plan (CCAP), which will see it shift…
EIB, Green Climate Fund launch partnership to support climate projects
The European Investment Bank (EIB) and the United Nations Green Climate Fund (GCF) have signed a climate finance agreement, which…
Developed countries exceed $100 billion climate finance target for third consecutive year: OECD
Climate finance continues to accelerate, the OECD has said, with developed countries exceeding the $100 billion climate finance target for…
What they said – First Conference on Transitioning Away from Fossil Fuels
The First Conference on Transitioning Away from Fossil Fuels has concluded in Colombia, an event that saw representatives from close…
Brazil and Germany announce €700 million investment to fund climate finance and sustainable mobility
Brazil and Germany have announced a major economic cooperation agreement, which will seek to mobilise R$4.1 billion (€700 million) for…
Green Climate Fund sees portfolio of funded projects hit $20 billion
The Green Climate Fund has approved just over $960 million in financing for 18 new climate projects around the world,…
Ramboll’s Stefanie O’Gorman on the role of sustainable economics in driving operational impact
As Director of Sustainable Economics UK at architecture, engineering, and consultancy company Ramboll, Stefanie O’Gorman seeks to define sustainability through…
C40 Cities announces partnership to accelerate climate action in Latin America
C40 Cities has announced a partnership with the Development Bank of Latin America and the Caribbean, which will unlock finance…