COP28 President-Designate: Protecting lives and livelihoods should be central to our global climate response

Closing 100bn is a first of many steps needed to support the Global South COP28 President-Delegate, Dr. Sultan Al Jaber, addressed the New Global Financing Pact Summit in Paris and welcomed progress to unlock climate finance while calling on delegates to go further. During the New Global Financing Pact Summit in Paris, the COP President […]

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Key outcomes from a High-Level Roundtable on Voluntary Carbon Markets at The Summit for a New Global Financing Pact

The UAE COP28 Presidency and the Glasgow Financial Alliance for Net Zero (GFANZ) co-hosted a high-level roundtable on Voluntary Carbon Markets (VCMs), as an official side event to the Summit for a New Global Financing Pact. His Excellency COP28 President Designate Dr Sultan Al-Jaber and GFANZ Co-Chair and UN Special Envoy for Climate Action and Finance […]

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Venture Global and SEFE Announce 20-year LNG Sales and Purchase Agreement

Today, Venture Global LNG and SEFE Securing Energy for Europe GmbH (SEFE) announced the execution of a long-term Sales and Purchase Agreement (SPA). Under the agreement, SEFE’s subsidiary, WINGAS GmbH, will purchase 2.25 million tonnes per annum (MTPA) of liquefied natural gas (LNG) from CP2 LNG, Venture Global’s third project, for 20 years. “Venture Global is […]

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OPEC Fund Development Forum concludes with commitments to progress sustainable development

The second OPEC Fund Development Forum in Vienna concluded with solid outcomes and financing commitments from development partners who came together to promote responses to global challenges such as availability of financing, food security and climate change.  OPEC Fund Director-General Dr. Alkhalifa said: “In its second year the OPEC Fund Development Forum again provided a […]

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