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A "roadmap" to reform international climate finance is to be delivered at the COP28 climate conference in Dubai that will involve measures to catalyse more private finance in developing countries.

The international economic recovery following the coronavirus (Covid-19) pandemic could deliver better economic and environmental results through climate-friendly policies, research by a group of economists argues.

Rhian-Mari Thomas, global head of green banking at Barclays and chair of the bank's Green Banking Council, has been selected to be the first CEO of the UK's planned Green Finance Institute.

The City of London has begun the search for a CEO of its Green Finance Institute, to take up the post in the summer of 2019.

Bold action to address climate change can generate $26 trillion in economic benefits by 2030, according to a report which described action to address greenhouse gas emissions as "the growth story of the 21st century".

A steering group has been assembled to guide the launch of the UK's Green Finance Institute.

Carbon pricing mechanisms – including both taxes and emissions trading systems – brought in $33 billion for governments around the world last year, a rise of 50% since 2016, the World Bank said.