Climate change ‘could make 216m people leave their homes’

First signs of internal climate migration could emerge as early as 2030, a new report finds

New $21.9m fund approved for geothermal energy exploration in Saint Lucia

The project will support exploratory drilling, capacity building, technical assistance and market engagement as well as prepare women for employment for technical jobs within the energy sector

World Bank backs clean energy in Uzbekistan with $380m

The funded project aims to improve the transmission network’s capacity to facilitate more renewable energy

IFC provides ‘landmark’ loan to support gas flaring reduction in Iraq

The project is expected to increase Basrah Gas Company’s processing capacity, avoiding more unnecessary flaring and associated greenhouse gas emissions by around 10 million tons per year

World Bank pledges ‘record levels’ of climate finance in developing countries

Its new Climate Change Action Plan seeks to prioritise action in key systems, including energy, agriculture, food, water and land, cities, transport and manufacturing

City Climate Finance Gap Fund approves six cities for support

The cities are located in Ecuador, Mexico, Montenegro, South Africa, Ukraine and Vanuatu, with projects including energy efficiency, renewable energy and sustainable mobility

World Bank: Carbon pricing covers more than a fifth of global greenhouse gases

Carbon pricing instruments generate around $5bn in revenue, representing a 17% increase from last year, however, the full potential of carbon pricing ‘remains largely untapped’

Global innovators selected to pilot ‘game-changing’ energy efficient cooling tech

The programme is funded by the UK Government’s International Climate Finance, offering a total of $1.5m in grant funding for the pilot implementation

World Bank approves $10m to electrify rural areas in Tajikistan

The Tajikistan Rural Electrification Project aims to provide access to electricity to households in remote, mountainous areas of the southern part of the country

Nepal granted $24m for sustainable forest management

The project will strengthen ongoing community-based conservation efforts while promoting inclusive sustainable use