UK to provide additional 1.3 billion USD in climate financing
British Prime Minister Boris Johnson is expected to pledge one billion pounds ($1.3 billion) in climate finance at the 26th UN Climate Change Conference.
SHARM EL-SHEIKH, Egypt, Sep 26: The Asian Infrastructure Investment Bank (AIIB) on Monday launched its Climate Action Plan (CAP), which it refers to as "a milestone" in its ongoing commitment to combatting climate change.
Designed to guide the AIIB's climate ambiti
As the UN climate change conference, COP27, has come halfway to the two-week-long event in Sharma El Sheikh city of Egypt, world leaders have repeated the warning of 'climate hell', while decisive negotiations are now transferred to the political table.
Minister for Finance Janardan Sharma said Nepal was one of the most vulnerable countries in the world because of climate change due to a climate-dependent economy and limited adaptation capacity.
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