MANILA, October 27, 2021 — Developed countries are projected to raise USD 100 billion in climate finance annually in 2023, three years later than pledged, according to a report released by the United Kingdom days before the United Nations climate summit is set to begin this Sunday. Rich countries pledged back in 2009 to raise [...]
DOWNLOAD PDF Vulnerable countries to insure MSMEs amidst worsening climate disasters MSMEs account for 29% of GDP and employ 78% of workforce in vulnerable economies NEW YORK, 22 Sept 2019 – The Vulnerable Twenty (V20) group of economies today rolled out its Sustainable Insurance Facility (SIF) to protect micro, small and medium-sized enterprises [...]
Reacting to the G20 Summit’s conclusion in Osaka, Renato Redentor Constantino, Executive Director of the Institute for Climate and Sustainable Cities said: “As G20 Chair, Japan’s failure to drive a stronger outcome in support of climate action exposed Prime Minister Shinzo Abe’s weak leadership in the global stage. Japan wasted its chance to decisively confront the [...]
By Simon Denyer (Published June 27 in The Washington Post) TOKYO — Japanese Prime Minister Shinzo Abe wants to burnish his green credentials. Japan, he said, will exercise “firm leadership” on climate change at the Group of 20 summit in Osaka this week, with a focus on “disruptive innovation” that generates economic growth. It also was [...]
Bali, 14 Oct 2018 – Finance Ministers from the V20 Group of climate vulnerable countries today sought large-scale changes to global finance flows, saying the funding shift needs to happen sooner, covering far larger amounts that can help protect economies from the worsening impacts of climate change. Convening at the World Bank-IMF Meetings in Bali, [...]
