UK commits £3bn of climate finance to support nature and biodiversity

Programmes supported will include the flagship Blue Planet Fund for marine conversation as well as projects to maintain forests and tackle the illegal timber trade and deforestation

UK sets out approach to prepare for climate change effects at home and overseas

Prime Minister Boris Johnson has also made a commitment to end taxpayer support for fossil fuel projects overseas ‘as soon as possible’

New alliance formed to promote climate investments in Asia

IFC and the Hong Kong Monetary Authority will bring together financial and research institutions as well as technology providers to develop, build and boost the capacity for green finance

Climate finance: Seven largest multilateral banks invest $61.6bn in 2019

Low and middle-income economies received around 67% of the total funding

EU and member states’ climate contributions exceed €21bn

They remain the largest provider of public climate finance, which has more than doubled since 2013, to help developing nations cope with the impacts of climate change

Climate finance: Agreement to step up collaboration in Eastern and Southern Africa

The Memorandum of Understanding establishes a framework of co-operation to collaborate in a number of areas to tackle climate change and boost finance

Climate finance: Nine multilateral banks to raise $175bn annually by 2025

The additional investment will focus on low and middle-income economies as well as on climate adaptation

Green bonds surpass $100bn milestone in first half of 2019

Climate Bonds expects the impact of the EU’s Technical Expert Group on Sustainable Finance will help open the 2020s path toward the first trillion in annual green finance investment

UK’s PACT with Colombia to improve energy access

Around three million people in Colombia have no access to electricity

New centre to scale up climate finance in the Asia-Pacific

It will be located in Shanghai Lujiazui Financial City, which will work with other cities in the region to promote the development of sustainable and green finance