Southeast Europe / bneGREEN

bneGREEN: Climate Investment Funds issues new generation of green bonds worth $500mn

Richard Lockhart in Edinburgh November 4, 2021

The World Bank has backed the issue of $500mn of green bonds ever year for 10 years in a bid to raise private capital to scale up clean energy and sustainable infrastructure in emerging economies.

bneGREEN: World finally commits to $100bn of climate finance for global south

Richard Lockhart in Edinburgh November 4, 2021

UK Chancellor Rishi Sunak said at COP26 that the world’s rich nations would make good on their promise of $100bn per year of climate financing for poor countries by 2023.

bneGREEN: COP26 finds renewed commitment to 1.5°C

Richard Lockhart in Edinburgh November 3, 2021

The US has joined the High Ambition Coalition and has signed up to the goal of limiting global warming to 1.5°C by 2100, halving global emissions by 2030 and making good on the promise of $100bn per year of climate finance for poor nations.

bneGREEN: Mixed outlook for COP26 as leaders embark on search for agreement

Richard Lockhart in Edinburgh November 1, 2021

COP26 is trying to put flesh on the bones of the targets and promises made at the 2015 Paris meeting.

bneGREEN: UN warns that net-zero pledges are insufficient and not urgent enough

By Richard Lockhart in Edinburgh October 27, 2021

A majority of G20 net-zero pledges made so far are not strong enough and are not backed up by meaningful and effective promises of action.

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