Tag: climate finance

Why Public Finance for Climate Matters

The Presidents of the European Bank for Reconstruction and Development (EBRD) and the European Investment Bank (EIB), Odile Renaud-Basso and Werner Hoyer, appealed yesterday for urgent action on climate change, while comparing...

Global Investment in Cutting Greenhouse Gases Fell by 11% in 2018

Investment in greenhouse gas emission reduction fell last year despite the growing urgency of the climate crisis, and the benefits of outlays were cancelled out by investments globally in fossil fuels and...

World’s Largest Development Banks Raise $81Bln to Tackle Climate Change

Six of the world’s largest multilateral development banks (MDBs) rounded up $81 billion last year to finance climate change action, their joint report released Tuesday showed. "In 2015, the MDBs collectively committed more...

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