Climate finance and how to mobilise it will be the key theme occupying negotiators at the 29th Conference of the Parties of the United Nations Framework Convention on Climate Change, or COP29, which will convene in the Azerbaijani capital of Baku between November 11 and 22.
With countries, particularly in the Asia-Pacific, facing a shortfall of about $800 billion in climate financing and public funding depleted by the pandemic, policymakers and climate activists are urgently seeking ways to mobilise the vast potential of private-sector financing. This imperative has acquired greater urgency, given the recognition that developing countries, which need to be the principal recipients because their growth remains dependent on fossil fuel, will require climate finance in the region of $5.9 trillion up to 2030.
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Markets dip amid selloff in Adani group stocks
Conglomerate's combined market capitalisation falls by 2.2 trillion
Nifty 50 may hit 27K by 2025-end: Goldman Sachs
Conglomerate's combined market capitalisation falls by ₹2.2 trillion
°GST on health insurance needs to be reduced,
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Draft guidelines to upgrade 1,000 ITIs in the works
Talks with stakeholders for proposed scheme completed
Adani Green abandons $600 mn bond offering
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Quant MF's big Adani bet may have sense of deja vu
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US charges: Legal experts see no knee-jerk response from Sebi
The Securities and Exchange Board of India (Sebi) may not be in haste to take any action on the charges levelled by the US prosecutors on Adani group executives, according to legal experts.
Premium Valuations may cap upsidesforlndian Hotels
Indian Hotels (IH) has an ambitious strategy of doubling its hotel portfolio and is aiming for a 14 per cent annual revenue growth. The goals are achievable, given financial discipline and agility.
Vedanta Resources defers dollar bond issue due to mkt volatility
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