climate finance

November 5, 2026 3:55 PM

Rich countries fall far short on climate adaptation funding, UN says

Rich countries are falling well short of the $305 billion needed each year to help developing nations adapt to climate change, even as extreme weather events become more frequent and severe, a UN report said on Wednesday. Funding from developed countries rose by $1 billion to $28.2 billion in 2024, but remained a fraction of what is required to help poorer nations cope with worsening heatwaves, droughts, wildfires and floods, the UN's 2026 Adaptation Gap Report found. Countries are preparing t...

November 3, 2026 11:22 PM

India and France discuss climate finance, COP31 priorities

India and France on Tuesday discussed biodiversity conservation, energy transition, climate finance and priorities for COP31 while reiterating commitment to strengthening cooperation through the International Solar Alliance (ISA) and the Coalition for Disaster Resilient Infrastructure (CDRI). “Pleased to meet Mr Mathieu Lefevre, Minister Delegate for the Ecological Transition of France. Discussed the areas of mutual interest including biodiversity conservation, energy transition, climate fina...

October 29, 2026 5:55 PM

Nepal Pushes Himalayan Climate Justice Ahead Of COP31

Nepal will give priority to Himalayan protection, climate-induced loss and damage, accessible climate finance and climate justice at the upcoming United Nations Climate Change Conference, COP31. Foreign Minister Shishir Khanal outlined these priorities at the National Climate Summit 2026 in Kathmandu on Thursday, as Nepal prepares to present its concerns at the global climate negotiations. Khanal said climate change in the Himalayan region is no longer just a national concern for Nepal, but a g...

October 6, 2026 5:25 PM

No one-size-fits-all approach to climate action, says Bhupender Yadav at Pre-COP31

India has called for equal attention to adaptation, mitigation and means of implementation as countries prepare for the upcoming COP31 climate conference. Leading the Indian delegation at the UNFCCC Pre-COP31 meetings, Union Minister for Environment, Forest and Climate Change Bhupender Yadav said the principles of equity and Common but Differentiated Responsibilities and Respective Capabilities (CBDR-RC) must be upheld for meaningful and sustained climate action. Addressing the Leaders...

October 5, 2026 11:10 PM

India, Japan Launch Operational Manual to Promote Low-Carbon Technology, Mobilise Climate Finance, Facilitate Technology Cooperation

India and Japan launched the Operational Manual for the India-Japan Joint Crediting Mechanism (JCM) in New Delhi on September 30, aimed at promoting advanced low-carbon technologies, mobilising climate finance, facilitating technology cooperation and supporting high-integrity emission reductions and removals in India. The Manual was jointly launched by Ambassador of Japan to India Keiichi Ono and then Secretary, Ministry of Environment, Forest and Climate Change, Tanmay Kumar. The JCM aims to ...

November 18, 2025 1:31 PM

PM Modi highlights India’s push to reshape global climate finance

Prime Minister Narendra Modi on Tuesday shared an article by Union Environment Minister Bhupender Yadav highlighting that there is a strong opportunity to reshape global climate finance with greater transparency and common standards. Sharing the article on X, the Prime Minister said, “Union Minister Bhupender Yadav highlights that there is a strong opportunity to reshape global climate finance with greater transparency and common standards. He points to India’s draft Climate Finance Taxonom...

November 11, 2025 11:58 AM

What is climate finance and why does it matter?

Countries trying to shift to clean energy while also preparing for extreme weather and other impacts in a warmer world will need money - a lot of it. As the costs and risks of global warming escalate, the topic of climate finance has become more tense. Here's what you need to know: WHAT IS CLIMATE FINANCE? This describes all funding from governments, development banks, private investors and philanthropies aimed at helping countries cut greenhouse gas emissions or adapt to climate impacts, for ...

February 27, 2025 1:40 PM

South Africa’s G20 presidency to prioritise climate finance

South Africa's G20 presidency this year will prioritise efforts to help developing countries finance their shift to a low-carbon economy, President Cyril Ramaphosa said, even as the United States radically scales back its support. President Donald Trump's administration, whose top officials have skipped two meetings of the Group of 20 nations held in South Africa this week and last, has cut overseas aid programmes, raising concerns of a potential clean energy funding shortfall. "Significantly ...