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TOP STORIES: Morocco’s MAD 220 bn investment plan + Emicool gets its first AED 2 bn in green financing
What we’re tracking this week regionally and around the world
ACG pledges USD 10 bn at COP16 bringing total pledges up to USD 12 bn
The funding will be used to fight land degradation, desertification, and drought
COP16 kicks off in Riyadh with a USD 2 bn pledge to help drought-hit countries
Saudi Arabia has pledged USD 150 mn to support drought-hit countries over the next 10 years
COP29 delivers final text tripling annual climate finance target after running into overtime
It aims to raise climate finance to USD 1.3 tn by 2035 for developing countries
Negotiators are hashing out a full draft of new funding targets
Finance and policy updates continue to trickle in
The final stage of negotiations starts at COP29
11 Countries submit their first BTR ahead of deadline, AIM for Climate expands investments to USD 29.2 bn
G20 commits to 1.5°C pledge, urges COP27 delegates to put their noses to the grindstone by Friday
As G20 commits to 1.5°C pledge, the pressure is on COP27: G20 leaders gathering in Indonesia agreed to work on…
Egypt’s Shoukry is optimistic about delegates reaching an agreement
Will we see an agreement hammered out by Friday? COP27 President and Egyptian Foreign Minister Sameh Shoukry is “optimistic” that…
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