Climate & Energy

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OTHANIEL THOMAS

Othaniel Thomas: The Architect Behind EY’s Climate Analytics Platform and GreenFin 24 Honoree

Key Impact Points: Othaniel Thomas: Pioneering Climate Risk Consultant at EY Othaniel Thomas has been selected as this week’s rising star for his remarkable contributions to climate risk modeling and sustainability. Currently serving as a Senior Consultant at EY’s Climate Change and Sustainability Services in Toronto, Othaniel has earned recognition

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Amazon Sidesteps Global Standard for Carbon Offsets

Amazon Sidesteps Its Own Global Standard for Carbon Offsets

Key Impact Points: Amazon has taken a significant step by sidestepping a global standard for verifying carbon offsets, opting to back a new standard called ‘Abacus.’ This move aims to address the lack of quality-labeled offsets and help Amazon meet its 2040 net-zero emissions target. Critics, however, fear this could

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Green Building Revolution- $1.8 Trillion Opportunity to Cut Emissions by 80%

Green Building Revolution: $1.8 Trillion Opportunity to Cut Emissions by 80%

Key Impact Points: A new World Economic Forum report, in collaboration with Boston Consulting Group, outlines 11 strategies to reduce building emissions by 80% and unlock $1.8 trillion in global market opportunities by 2030. This comprehensive roadmap aims to transform the global building sector, addressing climate change and protecting biodiversity.

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Hurrican Beryl

Caricom Delayed by Hurricane Beryl

The Caribbean Community advises that, as a result Hurricane Beryl’s impending passage through the Region, the 47th Regular Meeting of CARICOM Heads of Government, scheduled for Grenada from 3-5 July, has been postponed to a date to be determined. The primary focus of the Community is now on citizen safety and

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Big Law Steps Up Amid Rising Climate Concerns

Legal Eagles Soar: Big Law Steps Up to Combat Climate Change

Key Impact Points: Law Firms Intensify Climate Efforts As global temperatures rise, major law firms are ramping up their efforts to combat climate change. A growing number of firms are now integrating climate resilience into their core strategies, providing legal solutions to support sustainable practices and mitigate environmental impacts. Innovative

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How Financial Firms are Moving to a Low-Carbon Future

Banking on Change: 10 Key Findings Show the Way for Financial Institutions to a Low-Carbon Future

To avoid the worst of climate change, the scientific consensus is that greenhouse gas emissions must reach net zero by 2050. Many financial institutions have stepped up to the challenge. Here’s what they’ve discovered about what it takes to drive real-world change. Financial institutions face increasingly high expectations for progress

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grenada caricom

CARICOM Heads of Government Gather in Grenada for Historic 47th Meeting

47th Regular Meeting of the Conference of Heads of Government of the Caribbean Community: A Milestone Event The 47th Regular Meeting of the Conference of Heads of Government of the Caribbean Community (CARICOM) is set to take place from July 3-5, 2024, in Grenada. This meeting is particularly significant as

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Dominican Republic Launches Inaugural $750 Million Green Bonds Initiative

Dominican Republic Launches Inaugural $750 Million Green Bonds Initiative

Key Impact Points: The Dominican Government, through the Ministry of Finance, has made history by issuing its first green bonds, totaling $750 million. These bonds achieved a rate of 6.70%, approximately 15 basis points lower than what would have been achieved with other non-thematic financing instruments of a similar term.

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Vietnam’s First Blue Bond- IFC’s $150M Support to SeABank for Climate Finance Innovation

Vietnam’s First Blue Bond: IFC’s $150M Support to SeABank for Climate Finance Innovation

Key Points Investment Breakdown IFC’s $25 million blue bond subscription will fund ocean and water-related projects, while $50 million in green bonds will support green buildings, renewable energy, and energy efficiency. “IFC’s investment will help SeABank increase funding for initiatives that support the country’s climate and financial inclusion agenda. We

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Grenada Caricom

CARICOM’s Vital Role in Shaping the Future of Ocean Conservation

The Caribbean Community (CARICOM) has been instrumental in the negotiations for the Biodiversity Beyond National Jurisdiction (BBNJ) Agreement, a global treaty endorsed by the United Nations General Assembly in June 2023. This treaty aims to ensure the sustainable use and management of marine biodiversity in areas beyond national jurisdictions. CARICOM

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