Climate finance

BRICS set to establish multilateral financial guarantee mechanism

The BRICS member countries have reached a new agreement to establish a multilateral financial guarantee mechanism aimed at supporting sustainable development projects, including the energy transition, the expansion of renewable energy, and the strengthening of resilient infrastructure.

ADB set to expand its operations by 50% over next decade

17:15

Economy

ADB set to expand its operations by 50% over next decade

The Asian Development Bank (ADB) has approved a plan to scale up its operations by 50% over the next decade, leveraging its existing capital base to enhance bank’s impact across Asia and the Pacific.

G20 in South Africa to focus on climate and debt relief

11:34

Green News

G20 in South Africa to focus on climate and debt relief

The G20 summit in Cape Town, South Africa, is focusing on financing recovery for nations hit by climate-induced disasters and extending debt relief to developing countries.

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