Finance ministers of world’s most climate-vulnerable economies establish insurance facility with UN Environment Programme to protect MSMEs

2021-07-21T11:46:32+08:0019 Jul 2021|Tags: , , , , , , , , |

Reposted from the UNEP FI Principles for Sustainable Insurance (PSI) Initiative website. UNEP’s Principles for Sustainable Insurance Initiative to host V20 Sustainable Insurance Facility with initial funding from the German government 19 July 2021—As climate change worsens extreme weather events across the globe, the Vulnerable Twenty Group of Ministers of Finance (V20)—comprising 48 climate-vulnerable economies with [...]

Climate change is a human rights crisis, says UN reso

2021-07-21T10:40:16+08:0019 Jul 2021|Tags: , , , , , , , , |

by Recto Mercene | July 19, 2021 | Published by BusinessMirror | READ THE STORY HERE If highly developed economies are not spared from the effects of climate change—as seen in recent floods that killed over 160 people in Europe and the wildfires in California—vulnerable countries should be even more aggressive in demanding the speedy adoption [...]

UNHRC passes HR and climate resolution

2021-07-15T14:10:53+08:0015 Jul 2021|Tags: , , , , , , , , , |

ICSC lauds Philippines, Bangladesh, and Vietnam leadership in tabling landmark reso MANILA, 15 July 2021 — A resolution on human rights and climate change was adopted yesterday by the United Nations Human Rights Council in Geneva [1]. The resolution, initiated by the Philippines with Bangladesh and Vietnam since 2014, recognizes climate change as a human [...]

Climate change: the financial fight

2021-07-14T15:44:40+08:0009 Jul 2021|Tags: , , , , , , |

BBC News' Business Daily program coverage of the Vulnerable 20 (V20) Group of Finance Ministers' Climate Vulnerable's Finance Summit, featuring an interview with Speaker of the Parliament and Former President of the Maldives Mohamed Nasheed, aired last July 9, 2021. Reposted from the BBC website. Listen to the full program here.

V20 Summit: Enhancing economic growth in climate vulnerable countries

2021-07-14T14:27:13+08:0009 Jul 2021|Tags: , , , , , |

Sky News' The Daily Climate Show coverage of the Vulnerable 20 (V20) Group of Finance Ministers' Climate Vulnerable's Finance Summit, featuring an interview with Climate Vulnerable Forum (CVF) Special Envoy Abul Kalam Azad, aired last July 9, 2021. Reposted from the Sky News Youtube channel. Watch the full episode here. [...]

Vulnerable economies call rich nations to avert global climate-COVID economic threat

2021-07-09T10:23:21+08:0009 Jul 2021|Tags: , , |

48 most vulnerable economies demand “2020-2024 delivery plan” for the missing $100 billion annual Paris Agreement climate assistance The V20 group launch ambitious “Climate Prosperity” Program to drive resilient, green investments Dhaka, 8 July 2021–Led by Bangladesh as chair of the V20, the world’s most climate vulnerable economies met virtually as heads of state and [...]

China’s Investment Opportunity in Modernizing Grids in Climate Vulnerable Developing Countries

2021-07-15T16:22:52+08:0001 Jun 2021|Tags: , , , , , , , , , , , , |

by Sara Jane Ahmed, Alberto Dalusung III, and Xiaojun Wang | June 1, 2021 | Abridged version published in China Energy News and People's Daily | READ OP ED HERE The International Renewable Energy Agency (IRENA), and the State Grid Corporation of China (SGCC), recently signed a Memorandum of Understanding (MoU) to work closely to [...]

Climate finance key to economic resiliency – experts

2021-02-03T00:20:42+08:0002 Feb 2021|Tags: , , , , , , |

The Philippines can utilize climate change and energy transition financing to ensure a thriving, resilient economy, especially with the Department of Finance at the helm, according to two climate finance experts. “Climate finance is crucial, but is limited. We need solid plans to maximize every peso that we have for climate action,” said Angelo Kairos [...]

Sotto, Velasco, Legarda, Chatto join solons’ global call for climate action

2020-11-30T21:20:40+08:0025 Nov 2020|Tags: , , , , , , , , , |

25 November 2020, DHAKA — Senate President Vicente “Tito” Sotto III, House Speaker Lord Allan Velasco, House Deputy Speaker Loren Legarda, and House Committee on Climate Change Chair Edgar Chatto last night met virtually with fellow lawmakers from the 48-member-nation Climate Vulnerable Forum to call for more ambitious climate action globally. Legislators from the Philippines and [...]

About 150 nations due to deliver stronger climate plans in 2020, tracker shows

2020-11-20T18:01:24+08:0018 Nov 2020|Tags: , |

Reposting from Reuters:  https://www.reuters.com/article/climate-change-politics-idUSL8N2I35EI   By Megan Rowling BARCELONA (Thomson Reuters Foundation) - More than three-quarters of countries have indicated they will make stronger commitments under the Paris Agreement on climate change by the end of 2020, despite the economic strain of the coronavirus pandemic, a new tracker showed on Tuesday. According to the tool, launched by [...]