OPEC Fund launches landmark climate finance compact, unveils US$1.5 billion digital transformation plan at 2026 Development Forum

OPEC Fund launches landmark climate finance compact, unveils US$1.5 billion digital transformation plan at 2026 Development Forum

Highlights: The OPEC Fund and the Government of Barbados, as Chair of the Climate Vulnerable Forum and its V20 Finance Ministers, launched the Vulnerability to Viability Compact (V2V) to expand access to affordable, long-term development finance for...

Over $12 Billion Pledged for Land Restoration and Drought Resilience amid Crunch COP16 Land Financing Talks

Over $12 Billion Pledged for Land Restoration and Drought Resilience amid Crunch COP16 Land Financing Talks

RIYADH, Saudi Arabia, Dec. 4, 2024 /PRNewswire/ -- Global funding for drought resilience, land restoration and the fight against land degradation received a major boost on the second day of the sixteenth Conference of the Parties of the UN...

Saudi Arabia Assumes UNCCD Presidency During Official COP16 Opening Ceremony

Saudi Arabia Assumes UNCCD Presidency During Official COP16 Opening Ceremony

Drought resilience high on first day agenda of UN conference on land degradation, with launch of Riyadh Global Drought Resilience Partnership RIYADH, Saudi Arabia, Dec. 3, 2024 /PRNewswire/ -- At the opening ceremony, the Kingdom of Saudi Arabia has...

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