Impact News

The Mena region’s embrace of climate-related investment initiatives has continued with Bahrain-based alternative investment firm Investcorp unveiling a platform dedicated to climate-themed investment. The platform has been launched in partnership with Bahrain’s sovereign wealth fund Mumtalakat and a number of other Bahrain-based firms. According to Investcorp, the platform will target private capital investment in companies […]

For 30 years, developing countries fought to set up a dedicated loss and damage financing facility to pay for the harm incurred by vulnerable countries due to the escalating climate crisis. Article 8 of the 2015 Paris Agreement recognized the issue of loss and damage but didn’t compel countries to pay for it. Finally, at […]

At COP28, the world must face the reality that business-as-usual is not delivering the needed cuts to greenhouse gas emissions. For most countries, squeezed public finances and the new era of “higher for longer” interest rates present a terrible trade off: short-term financial health versus the long-term health of our planet.  It is against this backdrop […]

Die am Donnerstag begonnene UN-Klimakonferenz (COP28) in Dubai ist mit einer Rekordzahl von 80.000 registrierten Teilnehmern die bislang größte Veranstaltung dieser Art. Bei der COP27 im vergangenen Jahr im ägyptischen Scharm el-Scheich waren lediglich 49.000 Teilnehmer akkreditiert.