IDB to Invest $11.3 Billion in Annual Climate Finance by 2030
Scaling Up Climate Action: IDB and IDB Invest aim to deliver $11.3 billion annually in climate finance by 2030. Mobilizing Additional Funds: An extra $6.6 billion is expected to be mobilized through private capital. Commitment to Adaptation: $25 billion dedicated to climate adaptation from 2024 to 2030, representing 50% of total climate finance. The Inter-American […]
JPMorgan Discloses $1.29 in Green Energy Financing for Every Dollar in High-Carbon Energy
Green Financing Ratio Revealed: JPMorgan provided $1.29 to green energy for every $1 backing high-carbon energy in 2023. Investor Pressure Leads to Transparency: Disclosure follows engagement with NYC Comptroller Brad Lander amid increasing investor demands. Ambitious Sustainability Goals: Aims to finance $2.5 trillion in sustainable development by 2030, with $1 trillion focused on climate solutions. […]
