Namibia said at the COP27 summit on Tuesday that it had secured over 540 million euros ($544 million) in climate finance from the Dutch government and European Investment Bank.
A study group drawn from a number of private financial institutions on Monday laid out guidelines for financing low-carbon technologies and energy transition projects in Asia to help combat climate change.
China aims to increase renewable power, maintain crude oil output and boost natural gas production, as it seeks to balance energy security and achieve its climate change goals.
Denmark on Tuesday pledged to build up to six gigawatts (GW) of electrolysis capacity to convert renewable power into green hydrogen as it looks to wean itself off fossil fuels and boost its energy security.
