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Uganda Secures Africa’s First Green Climate Fund Results-Based Payment

Uganda Secures Africa’s First Green Climate Fund Results-Based Payment of $31 million

KAMPALA — Uganda has become the first African country to receive a results-based payment from the Green Climate Fund (GCF), securing US$31 million for verified emission reductions achieved through sustainable forestry and land management. The landmark approval recognizes measurable success under the “Uganda REDD-plus Results-Based Payment for Emission Reductions (2016–2017)”

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New Sevilla Forum on Debt Launches to Tackle Global Debt Crisis

New Sevilla Forum on Debt Launches to Tackle Global Debt Crisis

GENEVA — A new Sevilla Forum on Debt, launched this week by Spain and the United Nations, aims to turn global pledges into practical reforms for a fairer, faster, and more sustainable international debt system. The initiative builds on commitments made at the Fourth International Conference on Financing for Development

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Tokyo Launches World’s First Certified Resilience Bond, Raising €300 Million for Climate Adaptation

Tokyo Launches World’s First Certified Resilience Bond, Raising €300 Million for Climate Adaptation

The Tokyo Metropolitan Government (TMG) has issued the world’s first Climate Bonds Certified Resilience Bond, raising €300 million to fortify the Japanese capital against escalating climate risks. The five-year bond was oversubscribed seven times, attracting €2.2 billion in bids from nearly 120 institutional investors — a sign that global markets

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