Become a BusinessGreen member

Global Briefing: Azerbaijan launches Climate Finance Action Fund

James Murray

19 July 2024 • 7 min read

Image:

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...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
Receive important and breaking news stories via our daily news alert
Our weekly newsletter with the best of the week’s green business news and analysis

Join now

Already a BusinessGreen member?

Havas PR agencies stripped of B Corp status over Shell contract

Tata's 'multi-billion-pound' UK gigafactory project takes 'pivotal' step forward

Author spotlight

James Murray

View profile

More from James Murray

COP30: Anatomy of a roadmap

COP30: Row over fossil fuel roadmap escalates as talks enter final day

More on Investment

Investment

UK transition plans: A chance to drive sustainable finance at scale

For companies, transition planning is no longer a box-ticking exercise but a strategic imperative - the UK must catch up, writes Kevin Leung from the Institute for Energy Economics and Financial Analysis (IEEFA)

Kevin Leung, IEEFA

21 November 2025 • 3 min read

Investment

Maintain momentum or 'back to the future': What next for the Net Zero Banking Alliance?

The NZBA's decision to cease operations has been described as both 'sustainability backsliding' and a necessary 'course correction' - but what happens now for the organisation and the banking industry's net zero transition?