Philippines receives $5.3 bln climate finance commitment from Canada
The Philippines and the United Nations Development Program have secured Canada's commitment for $5.3 billion of climate finance, the president's office in Manila said on Wednesday.
ADB to provide $10 billion climate finance for Philippines
The Asian Development Bank (ADB) said on Monday it will allot $10 billion in climate finance for the Philippines between 2024 and 2029.
Spotify to cut 1,500 employees in third layoff round this year
Music streaming giant Spotify said on Monday that it will lay off around 1,500 employees, or 17 percent of its headcount, to bring down costs, after letting 600 of its staff go in January, and 200 more in June.
Copenhagen targets $3B for emerging market greenfield renewables fund
Danish investment firm Copenhagen Infrastructure Partners is looking to raise $3 billion for a new fund focused on building renewable energy projects from scratch in emerging and middle-income countries, the heads of the fund told Reuters.
US touts climate leadership as oil and gas output hits record
U.S. Vice President Kamala Harris sought to claim the mantle of global climate leadership for the United States on Saturday in a speech to the COP28 summit, listing a slew of initiatives to cut emissions and harness renewable energy in the world's largest oil and gas producer.
