- November 22nd, 2024
Esther Penunia, a Filipino farmer and the leader of the Asian Farmers Association, is among the many voices calling attention to the plight of small-scale farmers as the COP29 climate summit unfolds. From her home country devastated by unrelenting heatwaves,...
In a landmark development for global climate finance, the Asian Development Bank (ADB) has announced a significant expansion of its climate-related lending by up to $7.2 billion. This move is made possible through new sovereign guarantees provided by the United...
As climate change drives a growing cascade of extreme weather events, from hurricanes and floods to heat waves, droughts, and wildfires, countries worldwide are grappling with how to adapt to an increasingly volatile climate. Preparing for these challenges and reinforcing...
The Asia-Pacific region is facing a significant funding shortfall of at least $800 billion in climate financing, necessitating a coordinated approach from governments, central banks, financial supervisors, and multilateral institutions. Strategies include phasing out fossil-fuel subsidies, expanding carbon pricing, bridging...