Climate Finance

Together we to continue to make climate finance more transparent and accessible. — We are excited to announce that senken recently raised $7.5 million in capital. The round was led by Obvious Ventures with significant participation from Offline Ventures, Inflection and Kraken Ventures, along with other existing investors including Climate Capital. …

Companies should pay for their damages. Companies also have responsibilities to tackle climate disasters. Developing countries require funding for low-carbon developments. Linking private funding to climate projects. These were the main reasons for the conception of the carbon offset market. However, the carbon offset market has long been criticized as…

COP27 focused on adaptation and underscored the urgency to scale up climate finance. In 2023, floods, landslides, heat waves and droughts will make headlines and affect people around the world. Adaptation costs increase globally, especially in cities. …

Climate finance explained through latest developments from 27th UN Climate Change conference The 27th U.N. Climate Change Conference (COP27) was held in Sharm el-Sheikh, Egypt, from Nov. 6 to 20. World leaders kickstarted the conference on an urgent and somber note. 2022 has shown that climate change can indeed pose…

While delegates in Sharm El-Sheikh debate the specifics of loss and damage finance, it would be well to remember to balance ambition and justice with pragmatism. Loss and damage has been an intrigue at the climate negotiations. It was not even on the agenda of the 27th Conference of Parties…

On 8 September 2022, I was in a small village outside of London when I heard the news about the Queen’s passing. I tried to remember when exactly I last visited the UK, but I could not. Too many things have happened since then, and a lot has changed. But…

Multilateral development banks have weak governance structures. Despite its limitations, the Green Climate remains the most credible agency to fund the shift to renewables. The world is shifting to clean energy. …

I have a hypothesis. …

It was Professor PLO Lumumba who said: “In Africa, when a person is elected to the ministry of Finance, the newspaper reports that the minister so-and-so was elected to the lucrative ministry of Finance.” The key word here is lucrative. Lucrative in the sense that the recently nominated minister will…