BLOOMBERG  The Asian Development Bank (ADB) announced a new programme for financing efforts to counter climate change, stepping up its attempt to back one of its main focusses in the region. The Innovative Finance Facility for Climate Change in Asia and the Pacific (IF-CAP) could create up to $15 billion in new loans, through a goal of $3 billion in ...

NEW YORK / WAM The COP28 Presidency and the COP28 Youth Climate Champion (YCC) team rolled out a series of engagement events for youth during the United Nations Economic and Social Council (Ecosoc) Youth Forum in New York with over 200 youth participants. Highlighting the essential role of youth in climate action, the first event, ‘Harnessing the Power of Youth ...

BERN / WAM The UAE, represented by the Ministry of Finance (MoF), has held the fifth financial dialogue with the Swiss Confederation in the Swiss capital, Bern. Both parties discussed bolstering strategic relations and bilateral cooperation in various development, economic and financial fields of common interest. Younis Haji Al Khoori, Undersecretary of the Ministry of Finance, headed the UAE delegation. ...