Climate Finance Tag

The Intergovernmental Panel on Climate Change (IPCC), the world’s leading authority on climate science, released the “Working Group II: Impacts, Adaptation and Vulnerability Report” (WG2 report) on February 27, 2022, as the second part of its sixth assessment report (AR6). The 3675-page report summarized the...

Singapore has priced its carbon tax at SGD25 (USD18.6) per ton for 2024 and 2025, a major increase from the 2019-2023 levels of SGD5 (USD3.71) per ton, as reported by Strait Times on February 18. According to Singapore’s FY22 Budget Statement, the carbon tax will...

For almost three decades, the United Nations has brought together nearly every country on the planet for an annual global climate summit, called the Conference of the Parties (COP). This November, the world will intently watch the COP26 summit, which runs from October 31 to...

The Asian Development Bank (ADB) will increase its climate financing goals by USD20bn to a new target of USD100bn for the 2019-2030 period, as reported by Reuters on October 12. The USD20bn added to the goal will be directed to developing low-carbon energy sources, climate...

The Climate Policy Initiative (CPI) and Beijing Institute of Finance and Sustainability (IFS) have jointly published a report, commenting on the potentials for climate finance and green finance development in China, as reported by Sina on February 5. The reports stressed the importance to mobilize...

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