Participants also need to ensure stability in the nascent carbon offset market, writes Gray Maguire
On Monday the UK, Germany and Canada announced a Climate Finance Delivery Plan to lay out how the developed world will make good on its 2009 commitment to mobilise $100bn per year in climate finance to the developing world by 2020. The timing is critical as the failure to meet climate finance commitments has justifiably eroded the confidence of developing countries to engage in new concessional finance agreements when existing obligations are not being met.
In a recent survey by the Organisation for Economic Co-operation & Development only multilateral institutions were found to be increasing their support, while bilateral public climate finance as well as private finance sources have decreased. This highlights a pressing issue that will be front of mind for the SA delegation as it enters the negotiations: how to position SA so as to maximise investment appeal...
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
PHOTOS | Former Miss Universe Catriona Gray on safari in South Africa! | ChannelFormer Miss Universe Catriona Gray is on safari at the Manyeleti Game Reserve.
Read more »
SA to call on rich nations at climate meeting to do more | CitypressEskom is pitching for funds to install solar and wind capacity, and to upgrade its transmission grid, while government is also seeking financial support to help coal mining communities adapt and retrain.
Read more »
What COP26 means for South Africa | CitypressA mixture of vested interests, ideology and politics has resulted in mixed messages about how to deal with the urgent problems that plague our energy sector, particularly as concerns decommissioning Eskom power stations.
Read more »
WATCH | Make the right choices to meet SA’s climate challengesSPONSORED | Climate change is real, and social, energy and climate issues are interconnected. But what needs to be done in SA? Watch an expert panel discuss this topic at a recent SanlamInvest Critical Conversations event.
Read more »
PHOTOS | Former Miss Universe Catriona Gray on safari in South Africa! | ChannelFormer Miss Universe Catriona Gray is on safari at the Manyeleti Game Reserve.
Read more »
AU plans to buy 110-million Moderna vaccinesPurchase is first time 55-member AU has secured vaccines not fully produced in Africa
Read more »