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CLIMATE FINANCE PACKAGE
International Finance Corporation announces $371 million investment in data centre operator SifyThe International Finance Corporation is investing $371 million in Sify Technologies. This funding will develop two new data centres in Nav...- Finmin to engage with states over looming El Nino falloutThe Finance Ministry will soon meet with states and central ministries to assess the economic and fiscal impact of El Nino. This review wil...
- Europe is finally, slowly getting its act togetherEurope stands on the brink of a pivotal transformation, launching a set of ambitious reforms aimed at revitalizing its economy and global f...
- Pakistan receives USD 1.3 bn loan from IMF: Central bankPakistan has recieved USD 1.3 billion from the International Monetary Fund. This funding comes from two separate programs, the Extended Fun...
- Pakistan secures $1.32 billion IMF funding amid push for reforms, economic stabilityThe International Monetary Fund board has approved new funding for Pakistan. This decision allows for immediate disbursements of approximat...
- Indian ports turning into logistics and industrial hubs, shipping secretary tells investors in SingaporeIndia's ports are becoming major logistics hubs. Cargo capacity has doubled and will reach 3,500 million tonnes per annum by 2030. The nati...
- Circulate Capital raises $220 million in first close of its Fund IICirculate Capital has successfully raised $220 million in the first close of its second fund, surpassing its initial target. This new fund ...
- Unpacking India's fuming response at COP29: What really transpired?In the early hours of November 24 in Baku, a controversial decision at the UN climate conference led to the adoption of a $300 bn climate-f...
- Cop29 agrees to $300 billion climate finance deal, India says amount 'abysmally poor'Developing nations have criticized the $300 billion annual climate finance commitment from wealthy countries as insufficient at the Cop29 s...
- Too little, too distant! India rejects USD 300 bn climate finance package for Global SouthIndia rejected the new climate finance package of USD 300 billion annually by 2035 for developing nations, deeming it "too little, too dist...
- Tension boils over at COP29; two blocs of vulnerable nations leave negotiations meeting room mid-wayNegotiations at the UN climate conference in Baku hit a roadblock as vulnerable nations, including LDCs and AOSIS, walked out over disagree...
- Baku climate talks: The 'X' factor that could determine future of Global SouthDeveloping nations are expressing disappointment at the lack of a concrete financial commitment from developed countries at the UN climate ...
- G20 reaffirms faith in multilateralism, falls short on climate finance details: ExpertsG20 leaders expressed support for a new climate finance package at the UN climate talks but avoided specifics. While reaffirming their comm...
- EU softens stand on major sticking point in Baku climate talksSecuring a new climate finance package to help developing countries reduce emissions and adapt to climate change is the top priority of thi...
- No progress at COP29 in matters critical to developing countries: IndiaAt COP29, India criticized developed nations for delaying climate action and not providing adequate financial support to developing countri...
- India demands $1.3 tn for developing countries, says NCQG can't be 'investment goal'At the UN climate conference, India urged developed nations to commit at least USD 1.3 trillion annually until 2030 to aid developing count...
- G77, China rejects framework for draft text on new climate finance goalAt the UN climate talks in Baku, G77 and China, representing 130 developing nations, rejected the proposed framework for a new climate fina...
- FM Nirmala Sitharaman attends G20 Central Bank Governors' MeetUnion Finance and Corporate Affairs Minister Nirmala Sitharaman has participated virtually in the First G20 Finance Ministers and Central B...
- India, UK strike 3.2 bn pound deal on energy, climate changeThe package encompasses 3.2 billion pounds of commercial agreements and initiatives to share technical, scientific, and financial and polic...
- Climate financing faces practical challenges: UN bodyThe goal of procuring and channelling $100 billion climate fund annually pledged by rich nations to developing countries at the Copenhagen ...
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