Climate Finance News

Nepal faces a potential $5 billion reconstruction bill following catastrophic floods, seeking both local resources and international assistance from development

A recent deadly flood in Nepal highlights the ongoing failure of climate finance to reach vulnerable nations, despite pledges made years ago.

India has called on developed nations to take the lead in emissions cuts and provide climate finance to developing countries following floods in Nepal, while al

Governments and businesses are facing severe economic impacts from drought and wildfires, with current approaches to these disasters being economically backward

BRICS nations have condemned the EU carbon tax and called for a significant increase in international funding to help developing countries adapt to climate chan

The UN's bi-annual talks on desertification, Cop17, are set to begin in Mongolia, where work will start on allocating over $12bn to vulnerable countries to comb

The Assam floods highlight India's outdated climate finance mechanisms, revealing a mismatch between climate risk governance and administrative boundaries, and

New capital sources are emerging for India's net-zero transition as investors broaden their climate-related investments. Significant investments are anticipated

Despite global discourse, rich countries have only provided $58.7 billion in climate finance to developing nations in 2024, falling significantly short of their

The United Nations is advocating for the fair allocation of climate finance.