Wondering what happened at CO28 related to fossil fuel phase-out? Climate finance? Loss and Damage? Check out our high-level recap of some of these big moments in Dubai.
Lebanon’s first National Private Sector Dialogue on Climate Finance - A youth perspective
Lebanon conducts its first-ever national dialogue between the private sector and the Ministry of Environment on Climate Finance organized by the Ministry of Environment. It is a hopeful moment given the circumstances the country is passing in. Read more to find what our West Asia Regional Director, Rayan, deduced from the meeting.
Climate Finance in West Asia: Big pockets, empty hands
While climate finance has been increasing annually on a global level, the distribution of funds remains dominated by sectoral projects (Energy, transport, agriculture, etc.) in MENA. Annual global climate finance is still falling short for what is needed to remain under the 1.5 degrees celsius scenario. Climate finance flows from intermediaries to sectors using financial instruments for different uses. The purpose of this blog is to discuss the end point of climate finance. There is a need for diversifying the beneficiaries of climate finance on a global and regional level. Technological innovations dominate global financial support whereas social change and investing in nature fall behind.