US-based BlackRock mulls plans to increase investment in Egypt

New York-headquartered multinational investment Management Corporation is considering to hike its investment in Egypt after it launched a $673 million climate-focused infrastructure fund, Reuters reports. The Arab republic, David Giordano, global head of renewable power at BlackRock Alternative Investors has Read more

COP22: Morocco Gets $ 100 Mln WB Green Bonds

Morocco, host country of 22nd UN conference on climate change (COP22) has purchased from the World Bank USD 100 million in World Bank Green Bonds. These 3-year bonds mature on December 15, 2019 and have a semi-annual fixed rate coupon Read more

China, USA Ratify Paris Agreement, COP22 President Hails the Move

The United States and China have formally ratified the Paris agreement to curb climate change in a joint declaration Saturday, ahead of the G20 summit in Hangzhou, China. The announcement, made jointly by Presidents Barack Obama and Xi Jinping, is Read more

UNESCO Experts Meet in Morocco to Prepare Draft Declaration on Climate Change Ethical Principles

Morocco, host country of 22nd UN Conference on Climate Change (COP22) scheduled in Marrakech next November 7-18, will host the 1st meeting of UNESCO Ad Hoc Expert Group (AHEG) in Rabat Sept. 20-24 to prepare a preliminary draft text of Read more