All the updated news related to climate finance

All the news related to climate finance updated in real time

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Leaked memo sets out ‘huge challenge’ to meet £11.6bn climate pledge

Rishi Sunak’s promise to meet an £11.6 billion climate and nature pledge looks set be missed, according to a leaked internal memo. The briefing note to ministers sets out that the international funding commitment would be a “huge challenge” and ...

05 Jul 2023 at 14:00

City

Prudential invests up to £263m in climate transition as framework launched

Prudential has launched a framework for climate transition funding and committed to up to 350 million US dollars (£263 million) of investments. The London-listed insurance giant said it is particularly focused on looking at emerging markets in ...

23 Sept 2024 at 08:39

Rich nations must double climate finance from taxpayers’ money by 2030 – experts

Wealthy countries must more than double the amount of climate finance paid from taxpayers’ money annually by 2030, UN-appointed experts said. The Independent High-Level Expert Group on Climate Finance (IHLEGCF) assessed how much money will be ...

14 Nov 2024 at 05:01

Energy projects in developing countries to receive £79m in UK climate finance

Projects that aim to speed up the energy transition in developing countries will receive a share of £79 million in UK climate finance, the Government has announced. The money will support clean power innovation in countries on the front line ...

15 Nov 2024 at 00:01

City

Dodds hails City efforts to tackle climate crisis and aid growth in Global South

Development minister Anneliese Dodds has hailed efforts from UK investors to boost growth and address the climate crisis in the Global South. Speaking at the London Stock Exchange (LSE) after markets opened on Monday, Ms Dodds said the ...

03 Feb 2025 at 13:01

Ministers in talks with City over climate finance for disaster-hit nations

Senior Cabinet ministers including Rachel Reeves and David Lammy are to meet City chiefs for talks on how to unlock UK private sector climate finance and disaster risk insurance for countries facing extreme weather events. The Foreign ...

08 Jul 2025 at 13:47

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