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New Finance Window Launched Aiming to Catalyse Over USD 100M in Climate Adaptation Finance

The Investment Mobilisation Collaboration Alliance (IMCA) is excited to announce a grant supporting the launch and implementation of a new Adaptation Finance Window for Africa. This funding will help IMCA mobilise over USD 100 million in private investments for climate adaptation across Africa.   The Adaptation Finance Window for Africa aims to support high-impact solutions such as climate-smart farming and technologies, coastal resilience solutions, nature-based solutions, climate-resilient infrastructure, and technologies addressing extreme heat and climate-related displacement and

The leading forum for public-private partnerships alongside COP returns for its 14th edition on 7–8 December at Conrad Dubai

7 DecemberConrad, Dubai, The United Arab Emirates   Gathering over 2000 decision-makers across business, finance institutions, governments and civil society, World Climate Summit – The Investment COP returns for its 14th year of top-tier discussions and collaboration on how to solve climate change, aligned with the COP28 Priorities.    As the largest C-level B2B-convening alongside COP, World Climate Summit facilitates the exchange of best practice and innovation across vital sectors crucial to decarbonisation efforts in the areas of energy, transport, buildings, industry,

The United States and Nordic countries launch joint funding initiative to increase climate investments in emerging and developing markets

4 December 2023  COP28, Dubai, United Arab Emirates    Nordic countries and the United States launch the Investment Mobilization Collaboration Arrangement (IMCA) a new blended finance collaboration to mobilize billions of dollars in developing countries and emerging markets. The collaboration will enable private capital for investments in climate mitigation and adaptation, biodiversity and nature-based solutions.    IMCA is a unique coordination mechanism that utilizes an innovative public-private partnership approach that will create concrete pipeline collaboration and

Nordic pension funds want to increase climate investments in emerging markets and developing economies

9 November 2022 Sharm el-Sheikh, Egypt   At COP27 in Sharm el-Sheikh, Egypt, the Climate Investment Coalition (CIC), in collaboration with the Nordic Council of Ministers, presented key investor recommendations to bridge the climate finance and investment gap by 2030 towards emerging markets and developing economies. This was made alongside an overview of Nordic pension fund progress within climate and clean energy investments in 2022.   Despite financial challenges and a volatile economic environment, the first wave of pension fund reporting in 2022 indicates that the Nordic

Advancing a Common Framework to Achieve a True and Global Net-Zero Economy

To announce net-zero targets is one thing, to implement them is another. One tool that supports implementation that aligns with the goals of the Paris Agreement to limit global warming to maximum 1.5°C is the One Earth Climate Model (OECM), commissioned by the UN-convened Net-Zero Asset Owner Alliance and other entities. It explores and provides open data sets for energy-related carbon budgets for 12 main industry and service sectors, on scope 1, 2 and 3 emissions and in line with a maximum temperature rise of 1.5°C above pre-industrial temperatures on a no/limited overshoot path.

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