Day: December 9, 2023

  African Countries Should Reject Anti-Fossil Fuel Policies at COP 28

Mr Mohammed

The Executive Chairman of the South Africa based Africa Energy Chamber,N.J.Ayuk  has taken a swipe at the climate agenda describing it as hypocritical, biased, unjust and that it also poses a direct threat towards Africa’s development, and countries should remain resilient in their efforts to defend their right to utilize oil and gas. “With COP 28 set to conclude in the coming days, a COP where African countries fiercely defended the role oil and gas plays across the continent,it has become clear that developed nations seem committed to phasing out…

Conference of the Parties (COP28): Multilateral development banks publish first common principles for nature-positive finance

Mr Mohammed

LUXEMBOURG CITY, Luxembourg, December 9, 2023/ — New principles will guide multilateral development banks’ support for countries and the private sector in implementing the Kunming-Montreal Global Biodiversity Framework; For the first time, multilateral development banks define common principles and the criteria for identifying and tracking nature-positive finance; Announcement follows COP26 Joint MDB Statement on Nature, People and Planet. The European Investment Bank (EIB) and fellow multilateral development banks (MDBs) have today published (https://apo-opa.co/3RdNOeQ) common principles for identifying and tracking nature-positive finance. The announcement comes on nature day of the United Nations COP28 climate…