Stronger public-private ties key to financing climate solutions
Both governments and businesses must enact reforms and strengthen collaborations to generate climate finance from the private sector
Both governments and businesses must enact reforms and strengthen collaborations to generate climate finance from the private sector
This mechanism will consist of two multibillion-dollar funds, each aiming for the early retirement or repurposing of coal plants and generating new cleaner energy investments.
The proposed police allows the bank to continuously support and finance fossil gas projects
ADB and other key financial institutions earlier expressed intention to pursue a scheme to buy out coal power plants.