AGP Executive Report
Last update: 4 hours agoCOP31 Finance: Nepal urged countries to triple climate finance and provide grants, not loans, while the Maldives called for predictable funding and reforms that recognize small-island vulnerabilities. Pacific Resilience: ADB and the Green Climate Fund launched a plan to mobilize more than $1 billion for climate-resilient homes, roads, water and coastal protection across 14 Pacific economies. Climate Warning: A new Climate Action Tracker report says global climate action has stalled for five years; current policies point to 2.7°C of warming by 2100. Türkiye’s Climate Deal: The Asian Infrastructure Investment Bank agreed to a record $1.6 billion package to support Türkiye’s climate law, emissions cuts and resilience efforts. Accountability: A UK climate adviser’s declared investments in Shell, BP and other energy companies drew accusations of hypocrisy as the committee presses for tougher climate measures.
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