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    Devex Invested: Climate finance will take center stage at COP 28

    In this week's edition: climate financing mechanisms feature prominently in the UAE’s action plan for COP 28, BII ramps up climate finance, and African nations stress poverty and hunger needs in World Bank reforms.

    By Adva Saldinger // 18 July 2023

    It looks like this year’s United Nations Climate Change Conference, or COP 28, will feature a heavy dose of climate finance discussion when it convenes in the United Arab Emirates at the end of the year.

    Devex Climate Correspondent William Worley breaks down COP 28 President-Designate Sultan Ahmed Al Jaber’s finance priorities for the summit, outlined in his recently released plan.

    “Climate finance arrangements need to transform to deliver at this scale, to work better as a system and support finance mobilization directed to developing countries at unprecedented levels,” Jaber writes.

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    About the author

    • Adva Saldinger

      Adva Saldinger@AdvaSal

      Adva Saldinger is a Senior Reporter at Devex where she covers development finance, as well as U.S. foreign aid policy. Adva explores the role the private sector and private capital play in development and authors the weekly Devex Invested newsletter bringing the latest news on the role of business and finance in addressing global challenges. A journalist with more than 10 years of experience, she has worked at several newspapers in the U.S. and lived in both Ghana and South Africa.

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