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Microsoft Secures 8 Million Carbon Removal Credits in Historic Deal with BTG Pactual Timberland Investment Group

June 19, 2024 No Comments

Key Impact Points: The BTG Pactual Timberland Investment Group (TIG) has struck a groundbreaking deal with Microsoft, promising up to 8 million nature-based carbon removal credits through 2043. This landmark transaction, the largest of its kind, underscores the significant potential for environmental restoration in Latin America. Restoration and Reforestation Strategy

Major U.S. Insurers Make Progress on Climate Disclosures, but Significant Gaps Remain: New Report

June 18, 2024 No Comments

Key Impact Points: Progress Made, But More Needed: Ceres Report Analyzes Insurers’ Climate Disclosure Alignment Major U.S. insurance companies are making strides in disclosing their climate-related risks and strategies, but significant gaps remain, according to a new report by Ceres. The report, Navigating Climate Risks: Progress and Challenges in U.S.

EU Council Advances Green Claims Directive to Combat Greenwashing

June 17, 2024 No Comments

Key Impact Points: The EU Council has adopted its position on the green claims directive to tackle greenwashing and aid consumers in making genuinely green decisions. A 2020 study revealed that over half of environmental claims are vague or misleading, prompting the directive to establish minimum requirements for substantiating and

Financing the Green Energy Transition: A Path to Net Zero

June 17, 2024 No Comments

Key Impact Points: Deloitte’s Report on Green Energy Transition outlines the urgent need for strategic financing to achieve net-zero greenhouse gas emissions by 2050. The transition requires substantial investment, with projections indicating a need for $5 trillion to $7 trillion annually, yet current investments fall short, at less than $2

Rising Star Sarah Reice Champions Regenerative Cotton at Anthropologie

June 17, 2024 No Comments

Key Impact Points: Sarah Reice, 27, Sustainability Manager at Anthropologie in Philadelphia is making waves in the fashion industry. Named one of GreenBiz’s 30-under-30 Rising Stars Fighting Climate Change, Reice led the launch of Anthropologie’s new collection featuring natural dyes and cotton sourced from regenerative farms. This innovative line includes

BBVA Columbia and IFC Issue Financial Sector’s First Ever Biodiversity Bond

June 12, 2024 No Comments

Title: BBVA Issues $50 Million Biodiversity Bond to Support Environmental Conservation Key Impact Points: $50 Million Bond for Biodiversity BBVA, in partnership with IFC, a member of the World Bank Group, has announced the world’s first biodiversity bond, amounting to $50 million. This significant investment will finance projects focusing on

Rainforest Alliance and Mirova Join Forces to Boost Regenerative Agriculture and Sustainable Land Management

June 12, 2024 No Comments

Key Impact Points: Strategic Partnership to Drive Sustainable Land Management The Rainforest Alliance, a leading international non-profit organization, and Mirova, a sustainable investing affiliate of Natixis Investment Managers, have announced a strategic partnership aimed at scaling up locally led and Nature-based Solutions. This collaboration seeks to unlock significant benefits for

U.S. Plastic Pact Roadmap 2.0 to tackle plastic Waste

U.S. Plastics Pact Unveils Roadmap 2.0 to Tackle Plastic Waste

June 12, 2024 No Comments

Key Impact Points: Ambitious Targets for 2025 The U.S. Plastics Pact has launched Roadmap 2.0, setting ambitious targets to eliminate plastic packaging waste by 2025. This initiative marks a significant step toward sustainable packaging and a circular economy. Building on the success of Roadmap 1.0, which laid the foundation for

Lutrelle John, a student of the Sir Novelle Richards Academy and a Youth Representative from Antigua and Barbuda

“I Love My Country… But I Fear for Our Future” – Lutrelle John, a Youth Representative from Antigua and Barbuda

June 10, 2024 No Comments

Lutrelle John, a student of the Sir Novelle Richards Academy and a Youth Representative from Antigua and Barbuda, delivered a powerful speech at the recent SIDS Global Children and Youth Action Summit. As a delegate during the official opening of the 4th International SIDS Conference, Lutrelle passionately shared his vision

Development Bank for the Reconstruction of Progress (DBRP)

Historic Milestone at SIDS4: Global Leaders Formulate Development Bank for Resilient Prosperity to Empower Small Island States

June 6, 2024 No Comments

Antigua and Barbuda – In a historic development at the 4th International Conference on Small Island States (SIDS4), the initiative for the Development Bank for Resilient Prosperity (DBRP) has emerged as a beacon of hope for Small Island Developing States (SIDS). Spearheaded by Dr. Hyginus “Gene” Leon, international SIDS advocate who