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Corporate America Rewrites Its Giving Playbook as Philanthropic Priorities Shift

Corporate America Rewrites Its Giving Playbook as Philanthropic Priorities Shift

Major U.S. companies are reassessing where they direct their philanthropic investments, with new research suggesting many expect to place greater emphasis on food security, housing, affordability and digital inclusion while reducing attention to some equality- and justice-related initiatives. The findings point to a reordering of corporate philanthropic priorities rather than

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Abu Dhabi Brings Sovereign Capital On-Chain in Major Bet on Tokenized Finance

Abu Dhabi Brings Sovereign Capital On-Chain in Major Bet on Tokenized Finance

The intersection of traditional finance and blockchain technology took another step forward this week as Mubadala Capital, the asset management arm of Abu Dhabi’s sovereign wealth ecosystem, announced a tokenized version of one of its private markets funds in partnership with Coinbase and tokenization infrastructure provider KAIO. The initiative enables

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From ESG to Enterprise Risk: UNEP Unveils New Framework for the Future of Banking

From ESG to Enterprise Risk: UNEP Unveils New Framework for the Future of Banking

GENEVA — Sustainability is increasingly being treated not as a standalone environmental, social, and governance (ESG) issue, but as a financial risk that can affect the resilience and long-term performance of banks. A new framework released by the United Nations Environment Programme Finance Initiative (UNEP FI) reflects that shift, offering

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Mafalda Duarte: The Woman Rewiring the World’s Largest Climate Fund

Mafalda Duarte: The Woman Rewiring the World’s Largest Climate Fund

As development budgets tighten and climate-vulnerable countries face rising costs, Mafalda Duarte is pursuing reforms intended to put billions more to work without waiting for new donor commitments. At a moment of mounting pressure on global climate finance, Mafalda Duarte is trying to show that multilateral institutions can expand their

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Masdar Bets $6.1 Billion That Solar Can Power the Grid Around the Clock

Masdar Bets $6.1 Billion That Solar Can Power the Grid Around the Clock

The Abu Dhabi project will pair 5.2GW of solar with 19GWh of battery storage in an ambitious effort to deliver 1GW of continuous renewable electricity. ABU DHABI — Masdar has reached financial close on a $6.1 billion solar and battery storage project in Abu Dhabi designed to deliver renewable electricity

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EU Approves France’s €63 Billion Offshore Wind Plan in Major Boost to Europe’s Clean Energy Transition

EU Approves France’s €63 Billion Offshore Wind Plan in Major Boost to Europe’s Clean Energy Transition

BRUSSELS — The European Commission has approved a landmark €63 billion (approximately US$74 billion) French state aid program to accelerate the development of offshore wind energy, clearing the way for one of Europe’s largest renewable energy investments and reinforcing the EU’s drive toward energy security, industrial competitiveness and net-zero emissions.

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Africa’s Sovereign Funds Move to Capture the Continent’s Growing SDG Investment Opportunity

Africa’s Sovereign Funds Move to Capture the Continent’s Growing SDG Investment Opportunity

ABIDJAN, Côte d’Ivoire — The African Development Bank and the African Sovereign Investors Forum are deepening their partnership to mobilize African capital for major infrastructure projects, positioning the continent’s sovereign wealth funds to play a larger role in financing one of the world’s greatest emerging investment opportunities: Africa’s sustainable development.

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UN Prepares $100 Million Emergency Response as El Niño Threatens Millions Across the Developing World

UN Prepares $100 Million Emergency Response as El Niño Threatens Millions Across the Developing World

New forecasts warn the climate pattern could intensify humanitarian crises already fueled by conflict, displacement and funding shortfalls. The United Nations is preparing to mobilize up to $100 million in emergency funding as forecasters warn that a new El Niño weather pattern could trigger widespread droughts, flooding and extreme heat

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NATO Unveils More Than $50 Billion in Defense Contracts as Alliance Accelerates Rearmament

NATO Unveils More Than $50 Billion in Defense Contracts as Alliance Accelerates Rearmament

Ankara summit shifts from spending pledges to concrete capability investments, signaling a new phase in NATO’s military modernization ANKARA — NATO leaders opened their summit in Ankara by unveiling approximately $50 billion (€43 billion) in new multinational defense procurement contracts, marking one of the alliance’s largest coordinated capability investments in

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