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IDB, World Bank Unveil Amazonia Bonds Guidelines to Drive Sustainable Investment in the Amazon

IDB, World Bank Unveil Amazonia Bonds Guidelines to Drive Sustainable Investment in the Amazon

Key Impact Points: Amazonia Bonds: A New Financial Instrument for Conservation and Development The Inter-American Development Bank (IDB) and the World Bank have introduced comprehensive guidelines for Amazonia Bonds, aimed at financing projects that benefit Amazonian biodiversity, local communities, and zero-deforestation initiatives. These bonds are designed as a credible, standardized

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TOP 10 cleantech trend in 2024

Top 10 Cleantech Trends in 2024

Key Impact Points Cleantech Investment Surge Clean energy technology investment in 2024 is forecasted to reach nearly $800 billion, a significant increase from 2023. This momentum is largely driven by solar investments, which will account for 55% of the total spend, while onshore wind follows closely. Battery energy storage and

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COP16: The Role of Technology in Global Biodiversity

COP16: The Role of Technology in Global Biodiversity

Key Impact Points: Global Gathering for Biodiversity and Sustainability COP16, held in Cali, Colombia, unites representatives from nearly 200 nations, industry leaders, and advocates to address biodiversity. With wildlife populations having plummeted by 69% in the last fifty years, the event emphasizes urgent measures to restore ecological balance. The aim:

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UN Report Warns 1.5°C Climate Goal in Peril Without Major Emission Cuts

UN Report Warns 1.5°C Climate Goal in Peril Without Major Emission Cuts

Key Impact Points: Rising Emissions Undermine Climate Targets The United Nations Environment Programme (UNEP) reports that current global climate policies fall short of the Paris Agreement’s 1.5°C goal. The report states, “1.5°C will be dead within a few years” unless nations increase their commitment to emission reductions. In 2023, global

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Over 500 organisations and $17.7 trillion AUM now committed to TNFD-aligned risk management and corporate reporting

Over 500 Companies Adopt TNFD Framework for Nature, Biodiversity Risk Reporting

Key Impact Points: Global Adoption of TNFD Framework At COP16 in Cali, Colombia, the Taskforce on Nature-related Financial Disclosures (TNFD) announced that 502 companies and financial institutions have committed to adopting TNFD’s voluntary nature-related risk reporting. This marks a 57% increase since the first announcement in January 2024, signaling significant

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Microsoft Secures Ocean-Based Carbon Removal Deal with Ebb Carbon

Microsoft Secures Ocean-Based Carbon Removal Deal with Ebb Carbon

Key Takeaways: Microsoft has signed a significant carbon removal deal with Ebb Carbon, committing to an initial removal of 1,333 tons of carbon dioxide and potentially expanding to 350,000 tons over the next decade. This ocean-based carbon removal agreement is part of Microsoft’s broader strategy to become carbon negative by

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