In conversation with South Africa’s central bank governor Lesetja Kganyago

“There is nothing monetary policy can do to produce the engineers that the country needs in order for its economy to grow.”

Climate finance for Small Island Developing States slumped to 2017 levels in 2019: OECD

Small Island Developing States are vulnerable to increased risk of storm surges, sea-level rise and altered rainfall patterns

Sub-Saharan Africa’s debt burden increased to record $702 billion in 2020 — highest in a decade

The region has more debt than it can pay off

5 days to CoP26: NDCs insufficient, climate finance unmet till 2023

Signals on key issues such as enhanced climate ambition and climate finance point to poor progress

Glasgow CoP26: Climate finance pledges from rich nations are inadequate and time is running out

If developing countries do not receive financial assistance to reduce emissions, it is unlikely we will meet the commitment of the Paris …

Local knowledge refined with tech & funds can help climate adaptation in Asia-Pacific: IFAD

Digital mapping along with local knowledge can be useful to identify climate-vulnerable hotspots

There has been a decline in climate finance during COVID-19: WRI report

Countries have been forced to cut funding for many climate-related sectors to free up money for addressing pandemic-related expenditures and …

Green lending: World’s biggest banks’ latest initiative at COP26 is a step backwards

It wouldn’t make sense to abruptly forbid lending to non-green projects now, since we need to avoid hitting hardest the banks that are …

COP 26: Contentious issues of finance, carbon markets pushed to week 2

CoP26 President Alok Sharma reported progress made during week one in Glasgow in an informal stocktaking plenary November 8 

CoP26 Diary (Nov 10): Cover decision draft mentions ‘coal’, ‘fossil fuels’ for first time

Guinea, speaking on behalf of G77, commented that developed country partners showed “no appetite to discuss the definition of climate …

CoP26: Net Zero within Africa’s reach

Nationally determined contributions well set, but finance may be a problem    

CoP26: Glasgow summit hits finance wall, lack of funds linked to achieving Net Zero target

India leads charge; Bangladesh, island countries also raise funds question  

What happened at CoP26: A complete report card

Glasgow Climate Pact dismisses climate justice as a concept that is important only for some

Africa’s financial sector must cope with climate risk for smooth transition to Net Zero: Report

At least 49 banks in Africa have over $200 billion in lending across sectors with high-potential climate risks  

Union Budget 2022-23: Good step forward but levers needed to make clean air, climate action more real

The spotlight on energy transition, climate action and electrification in the latest Union budget is encouraging; but needs committed strategy …

New report puts a $759 billion price tag on decarbonising global petrochemicals sector

BloombergNEF study explored how to cut emissions from fossil fuel’s non-energy uses

Bonn climate conference: Glasgow ‘colonial’ pact shifts burden of climate change to developing countries, say parties

Inadequate climate finance among the biggest challenges for developing countries bloc

India’s MSMEs must pare emissions and climate finance may be the nudge they need

Traditional funds are not enough for the MSME sector to achieve decarbonisation; we need to unlock international climate funds as well

Africa needs to double energy investments to achieve energy, climate goals by 2030: IEA

Full access to modern energy by 2030 will require investment of $25 billion per year

Cost of climate action: Africa needs $2.8 trillion from 2020-2030 to meet goals, says report 

About 90% climate finance is likely to be external

Reform global financing system, fast-track climate action: UN Chief

Supporting developing world at core of strategies outlined by Antonio Guterres         

Urgent measures needed for sustainable conservation, funding in Africa: Experts

Panelists of 1st African Protected Areas Congress aim to draw up guidelines to save biodiversity sustainably

Africa got only 14% climate finance needed in 2020: Report

In 2019-2020, under 20 per cent of total climate finance to Africa came from private investors

Carbon credits, green hydrogen can help Africa mobilise climate finance for growth

Report on financing decarbonised growth says access to electricity Africa’s most pressing challenge

Africa needs at least 9 times more climate finance to meet 2030 goals

Africa requires $277 billion annually to implement its Nationally Determined Contributions towards mitigating greenhouse gas emissions