OPEC Fund commits $2bn to boost Africa’s development
VIENNA, December 25, 2025: The OPEC Fund for International Development announced a new co-financing commitment of up to US$2 billion with the African Development Fund (ADF) for the...
Tag : sustainable development
Low income countries get $85 billion in MDB climate funds
MDBs reached $137B in climate finance in 2024, with $85.1B going to low and middle-income nations and private finance jumping to $134B....
Grynspan calls for people-first AI governance
AI market to reach $4.8 trillion by 2033, but UNCTAD warns developing nations risk being left behind without strategic investment....
OPEC Fund co-finances Africa’s largest onshore wind power project
The OPEC Fund has committed $30M to co-finance Africa’s largest onshore wind power project in Egypt’s Gulf of Suez, expected to power 1M homes and...
India to fully power Andaman and Nicobar Islands with renewable energy
India’s Andaman, Nicobar, and Lakshadweep islands will run entirely on renewable energy, as announced by Home Minister Amit Shah to promote sustainability and clean energy...
Global population reaches 8.156 billion in 2024, reports show
The global population has risen to 8.156 billion in 2024, an increase of 82 million over last year, with projections indicating further growth despite slower...
OPEC Fund signs €50 million loan agreement with Montenegro
OPEC Fund signs its first loan agreement with Montenegro, committing €50 million to bolster fiscal sustainability, climate action, and green projects, with support from the...
Britain’s climate efforts boost ranking to third in global index
Britain climbs to third globally in climate rankings, reflecting ambitious policies, including renewable energy and emissions targets....
UAE allocates $100 million to combat hunger at G20 summit
The UAE, represented by Sheikh Khaled bin Mohamed, pledged $100 million to global anti-hunger efforts at the 19th G20 Summit in Brazil, highlighting its commitment...
Sheikh Abdullah bin Zayed meets India’s external affairs minister in Abu Dhabi
Sheikh Abdullah bin Zayed and Dr. Subrahmanyam Jaishankar discussed UAE-India strategic partnerships, economic cooperation, and mutual interests, reinforcing their commitment to sustainable development and prosperity....