Key Impact Points: Climate change presents a pressing global challenge, with Azerbaijan taking proactive steps to champion green financing as part of the solution. This initiative not only aims to mitigate environmental risks but also to foster sustainable economic growth. The Rising Tide of Green Finance Green financing emerges as
Key Impact Points: IFC, a member of the World Bank Group, in collaboration with HSBC Asset Management (HSBC AM), announced the creation of a specialized fund vehicle aimed at enhancing sustainability in the emerging market (EM) corporate bond sector. This initiative will support issuers that make significant contributions to sustainable
SLR Consulting (SLR), a renowned leader in global sustainability solutions, has announced its acquisition of Malk Partners (Malk), a prominent environmental, social, and governance (ESG) advisory firm based in New York City. This strategic move is set to bolster SLR’s consulting and advisory market offerings across the United States and
Key Impact Points: Transforming Lives Through Sustainable Fashion “These hundred ladies also like, you know, break the culture norms,” Madhu Vaishnav, founder of Saheli Women in India, emphasized during a recent session at the UN SDG Media Zone. The event, part of the UN General Assembly and Climate Week in
EU Delays Deforestation Law Amid Global Pressure and Internal Challenges The European Union has postponed the enforcement of its ambitious deforestation law until the end of 2025, succumbing to extensive global and internal pressures. Originally set to enforce stringent measures to curb global deforestation effectively by the end of the
Deepening Decarbonization Decarbonization is the top priority to reverse the climate crisis’s critical momentum. Companies must develop clear transition plans and compelling narratives that demonstrate how they’ll deliver value and resilience through decarbonizing their businesses. “Transition planning is not a disclosure exercise but an innovation challenge,” emphasizing the need for
Key Impact Points: The United Nations Global Compact concluded its 2024 SDG Investment Forum in New York, rallying leaders from business, finance, government, and civil society to accelerate private capital mobilization for the Sustainable Development Goals (SDGs). Launch of Groundbreaking Report During the forum, the UN Global Compact launched the
Key Impact Points: The leaders of Saudi Arabia, Colombia, and Azerbaijan are calling for a unified global response to tackle climate change, biodiversity loss, and land degradation. The nations, set to preside over key UN environmental conventions, introduced the Rio Trio Initiative during the UN General Assembly. The initiative emphasizes
Key Points: Surge in Climate Investments According to the CREO Syndicate, climate finance has experienced remarkable growth. From 2020 to 2022, annual global climate finance flows doubled to $1.4 trillion, representing 1% of global GDP. To achieve net-zero emissions by mid-century, these investments need to multiply, targeting an average of
Key Impact Points: Leaders of small island nations gathered at the United Nations General Assembly on Wednesday, issuing a unified plea for urgent global action to combat the climate crisis. They stressed that their countries are on the frontlines of climate change and that the international community must move beyond
