JPMorgan and Microsoft Support $210 Million Carbon Loan in Pioneering Climate Finance Agreement
JPMorgan, Microsoft Back $210 Million Carbon Loan in Landmark Climate Finance Deal JPMorgan Chase closed a landmark $210 million carbon loan to support Chestnut Carbon, a U.S.-based afforestation firm, in a move that could reshape how climate projects are financed. Microsoft also played a key role in this breakthrough. They committed to buying a large […]
Study Reveals 10-Fold Returns from Investment in Adaptation Finance
Investment in adaptation finance gives 10-fold returns: Study The WRI study found that for every $1 invested in adaptation and resilience efforts, there is more than $10 in benefits spread out over a decade International climate finance for funding adaptation measures and climate resilience is not only urgently needed, but is also a smart development […]