In Short : The Asian Development Bank’s (ADB) private sector operations have doubled climate financing, achieving a new high in transactions. This increase underscores ADB’s commitment to addressing climate change by mobilizing private sector investments in sustainable and climate-resilient projects. In Detail : MANILA, PHILIPPINES : The Asian Development Bank (ADB) doubled to $1 billion […]
SADC Climate Financing Too Limited to Boost Renewables in the Region
The SADC region is developing its renewable energy sector despite limited funding for renewables capital. However, if SADC is seeking to lower emissions and increase renewable energy supply by 2040, progress is delayed by various barriers. As South Africa looks to diversify its coal-dependent energy supply, financial institutions are also looking to divest from coal […]
