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Tag: climate finance

US is delaying the disbursement of $2.6 billion in climate finance to South Africa, raising concerns the funds could be withheld entirely.
World
  • Reuters
  • Mar 21, 2025
US delays $2.6 billion climate finance package to South Africa

Earlier, US representatives prevented the Climate Investment Funds from approving a $500 million disbursement to South Africa.

climate finance
Pakistan
  • Web Desk
  • Feb 20, 2025
IMF to give Pakistan $1b in climate finance: finance minister tells senate committee

During the meeting of Senate standing committee on climate, finance minister said that “population and climate are our main issues.

COP29 climate summit Baku
World
  • Reuters
  • Nov 24, 2024
Rich nations raise COP29 climate finance offer in bid to break deadlock

The U.N. climate summit had been due to finish on Friday but ran into an extra day as negotiators from nearly 200 countries – who must adopt the deal by consensus – tried to reach agreement on the contentious funding plan for the next decade.

The Finance Minister met with several high profile foreign officials and financial institutions to attract economic and investment opportunities in the country.
Business
  • Web Desk
  • Oct 24, 2024
Fin Minister engages with several foreign officials for economic opportunities

The meeting was part of Aurangzeb’s visit to the annual meeting of the World Bank and IMF.

ADB
World
  • Reuters
  • Sep 17, 2024
UK to give Asian Development Bank guarantee to unlock climate finance

Earlier t ADB said it had approved a new goal to devote 50% of its annual lending to climate finance by 2030

IMF delegation
Business Pakistan
  • Web Desk
  • Feb 26, 2024
Pakistan to seek loan package plus climate finance from IMF

Sources said that the IMF Board of Governors in its meeting in December last year had approved enhancing the quota of all countries and this decision will also be implementable over Pakistan.

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