Africa Climate Summit 2023: Private sector commits to invest in green growth, mitigation & adaptation
They also committed to a just and equitable transition that ensures their supply chains, value chains
Investment to fight climate change: Three African countries need $280 billion by 2050
South Africa will require the largest share of this investment, followed by Ethiopia and Kenya
91% of sub-Saharan African workers don’t save for old age: Why that’s a problem and how to fix it
A well-developed pension system that provides adequate income to the elderly will help sub-Saharan countries in many ways
G20’s coal declaration is cosmetic and too little, too late
With a Code Red for humanity, the world expects nothing less than absolute withdrawal from all new investment in coal
Areas in Africa with more Chinese-backed projects were more likely to experience protests
Areas with a larger number of Chinese projects do see lowered trust in local government; protests can also occur when citizens feel that economic …
Economic downturn eats into climate mitigation, adaptation funding: UNCTAD
Reduced green investment will put a spanner in the efforts to fasttrack solutions for climate change.
Leg up for green bonds amid record sustainable debt in 2020
Sustainable debt worth $732 billion issued globally; $305 billion of that in green bonds
Government funds are not ‘taxpayer money’ — media and politicians should stop confusing the two
Kowtowing to a myth of ‘taxpayer money’ may act as a handbrake on decisive action
Global FDI down 35% due to COVID-19: UNCTAD
The pandemic caused collapse in investment flows to sectors relevant for Sustainable Development Goals in developing countries, flags report
Over $1 trillion needed by 2030 to put world on track to reach net-zero by 2050
Unless much strong action than current investment levels is taken, energy-related CO2 emissions in emerging economies will grow by five billion …
Silicon Valley Bank biggest US lender to fail since 2008 financial crisis — a finance expert explains the impact
Investment losses, coupled with the withdrawals, were so large that regulators had no choice but to step in to shut the bank down to protect …
Protecting the pocket: The impact of inflation and how we can fight it
Not just nations, individuals also have to mull over protecting their pockets given the severity of economic issues
More harm than good: New study scans global treaties on environment, rights
Kyoto protocol was not not as successful as finance and trade treaties
Why G20’s debt-relief strategy is failing
The Indian Prime Minister says a G20 strategy has driven global debt restructuring since his country assumed leadership. That's not the full …
Countdown to Davos 2023: 120 countries consider agritech most strategically important in next decade
Improved public-private partnerships in this sector can steer investment to build new markets and create high-quality jobs
COVID-19 to slow decarbonisation in emerging markets: BloombergNEF report
2019 was a good year for foreign direct investment in renewables; but the trend may not stick in 2020
Ukraine, high food and energy prices, debt: Global FDI fell 12% in 2022 due to multiple crises
Although investments in renewables have nearly tripled since 2015, most of the money has gone to developed countries, the report noted
COP27: Clean energy investment in Africa lowest since 2011, shows report
Deep in debt, African countries have been pushing richer, more polluting nations to increase climate finance to the continent
As told to Parliament (December 23, 2022): Most crop damage due to heavy rains, floods in Karnataka this year
The state saw 1,031,102 hectares of damaged crop area, followed by Assam with 245,837.7 ha
UNCTAD awards investment panels of Costa Rica, Korea, the Netherlands for boosting healthcare
The investment promotion agencies were recognised for promoting new investment in health infrastructure, helping manufacture medical devices, …
Energy scramble for Africa: Fossil fuel extraction is rising but there’s little progress in renewables
The continent’s share accounted for only 2% of global RE investment in last 2 decades, activists highlight at COP28 side event
Governments worldwide spent $1.7 trillion of public money on fossil fuels, a new report finds
Among G20 countries, only 13 per cent of annual reports available showed that their SOEs had invested in renewable energy
CO2 emissions from building sector highest in 2019: UNEP
The sector’s decarbonisation progress also slowing down, notes report
Russia to supply 100 mln doses of COVID-19 vaccine to India
The pharmaceutical company will carry out phase-3 clinical trials and distribution of the vaccine under the agreement; Indian manufacturers …
India, South Africa block attempt to include ‘investment facilitation for development’ agreement at WTO meet
New issues should not be considered for ministerial mandates unless past decisions and unfulfilled mandates were acted upon, states India
