The statement, by Britain's Energy Security and Net Zero Secretary Grant Shapps and U.S. Special Presidential Envoy on Climate John Kerry, followed a Climate Finance Mobilisation Forum held at Windsor Castle, England, with the aim of bolstering private capital flows to emerging economies.
"The scale of this transition requires trillions in private investment in addition to the public funds we are spending. It is also one of the biggest investment opportunities in history." These firms will identify at least $1 billion of initial projects in emerging markets using nature-based solutions, such as regenerative farming and sustainable water management, alongside technology to develop products and systems that reduce negative environmental impacts.
in companies addressing climate change in Asia and Africa, with projects that it hopes will reach up to 50 million low-income people.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
France upbeat on attracting major Tesla investment, finance minister saysFrench Finance Minister Bruno Le Maire on Sunday said he was 'very hopeful' Tesla Chief Executive Elon Musk will pick France for a substantial investment linked to the production of electric vehicles in Europe.
Source: Reuters - 🏆 2. / 97 Read more »
Turkey aims to ensure fiscal discipline and lower budget deficit, finance minister saysTurkey is taking measures to re-establish fiscal discipline and control the level of the budget deficit, Finance Minister Mehmet Simsek said on Sunday.
Source: Reuters - 🏆 2. / 97 Read more »
China’s Finance Ministry calls on US to take practical actions over economic sanctionsOn US Treasury Secretary Janet Yellen's visit, China’s Finance Ministry said in a statement, urged the US to take practical actions in response to Chi
Source: FXStreetNews - 🏆 14. / 72 Read more »
DeFi protocol Arcadia Finance hacked on Ethereum and Optimism for $455kWhile the investigations are underway, Arcadia’s code houses another vulnerability, which could prove catastrophic for the protocol if exploited. PeckShield reveals the cause of Arcadia Finance hack. The code did not validate untrusted inputs. Hacker drained $455K from darcWETH and darcUSDC vaults.
Source: Cointelegraph - 🏆 562. / 51 Read more »
Arcadia Finance hacker used reentrancy exploit, team demands return of fundsArcadia Finance: Untrusted input was not the “core issue” in the recent hack; police will be notified if the attacker does not return funds.
Source: Cointelegraph - 🏆 562. / 51 Read more »