Germany advocated expanding climate finance contributors to include wealthy, high-emission countries like China and Saudi Arabia, emphasizing the need for increased funds to support developing nations. The aim is to enhance the collective finance pool while maintaining leadership and responsibility among developed countries.
Discussions on the new target for climate finance to be provided to developing countries, replacing the 2009 goal of $100 billion, continue to be the focus in the run up to the Baku round of the UN climate talks. Germnay, among the top contributors of climate finance, is along with other developed countries pushing for expanding the group of countries that are obligated to provide developing countries with climate finance.
Press Release from Carey Olsen, Friday 25 October, 2024. Carey Olsen is pleased to announce the promotion of Catherine O’Connell and Sara Malik to senior associate within the firm’s British
The European Commission opened a stakeholder survey on a potential CBAM scope extension to downstream products. The measure would prevent manufacturing facilities from moving to non-EU countries with
Press Release from Jersey Finance, Friday 18 October, 2024. Jersey’s finance industry has reported robust growth across its funds, banking andcorporate sectors over the first six months of 2024, despite
Imagine a world where financial transparency is not just an ideal but a structured, enforceable mandate. Cyprus is inching closer to this vision, with its recent announcement signaling a pivotal shift