Global Briefing: Azerbaijan launches Climate Finance Action Fund

James Murray
clock • 7 min read
Baku, Azerbaijan, is set to host the COP29 UN Climate summit in November 2024
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Baku, Azerbaijan, is set to host the COP29 UN Climate summit in November 2024

COP29 hosts launch new fund to tap petrostates to ramp up green investment in developing economies, Masdar confirms new $1bn green bond, and Italy passes renewables milestone

COP29 host country Azerbaijan has today unveiled plans for a new Climate Finance Action Fund (CFAF), which is aimed at channelling contributions from fossil fuel producing countries and companies into...

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