White House Races to Allocate Clean Energy Funds As the end of President Joe Biden’s term nears, his administration is scrambling to secure clean energy funding from the Inflation Reduction Act (IRA) before the possibility of a new administration disrupts progress. With Donald Trump threatening to pull back unspent IRA
Key Impact Points: COP16 Begins in Cali, Colombia Global Focus: From October 21 to November 1, 175 countries are gathered in Cali, Colombia, for COP16, aiming to tackle biodiversity loss under the Kunming-Montreal Global Biodiversity Framework. Discussions center on how to finance biodiversity initiatives in developing countries and manage genetic
Key Impact Points: Climate Progress Stalls Despite 2023 marking the hottest year on record, a new study by Boston Consulting Group (BCG) and CO2 AI reveals a slowdown in corporate decarbonization efforts globally. Among nearly 2,000 companies surveyed, only 9% reported comprehensive measurement of Scope 1, 2, and 3 emissions.
Key Impact Points: Deloitte is taking a major step toward achieving its sustainability goals by implementing GreenLight powered by Salesforce. This cutting-edge solution, which merges Salesforce’s Net Zero Cloud with Deloitte’s technology, helps the organization manage its environmental, social, and governance (ESG) reporting across more than 120 countries. Driving Global
Key Impact Points: The Rise of Sustainable Building Products Nearly 90% of the 110 building products companies covered by Morningstar Sustainalytics derive some portion of revenue from sustainable products and services. This marks a significant industry shift towards supporting the global transition to green buildings. Why Green Buildings Matter Green
Key Impact Points: COP16 Security Overview The United Nations Biodiversity Conference of Parties (COP16) is set to take place in Cali, Colombia, from October 21 to November 1, 2024. While the event is highly anticipated, U.S. citizens attending should be mindful of potential security risks, including street crime and protest
Key Impact Points: Azerbaijan defends its stance As Azerbaijan prepares to host COP29, top officials are dismissing growing criticism of the country’s human rights record. Hikmet Hajiyev, a key advisor to President Ilham Aliyev, called the criticisms a “coordinated smear campaign and dirty propaganda.” “Overburdening the COP agenda with issues
Key Impact Points: Google’s clean energy push with SMRs Google is making strides in the clean energy sector by signing a groundbreaking corporate agreement with Kairos Power to purchase nuclear energy from Small Modular Reactors (SMRs). These advanced nuclear reactors will provide up to 500 MW of 24/7 carbon-free power
Key Impact Points: Women and youth drive inclusive biodiversity efforts As the 16th Conference of the Parties to the Convention on Biological Diversity (CBD COP 16) approaches, women leaders and youth activists in Colombia are taking a prominent role in shaping inclusive conservation strategies. Supported by the International Climate Initiative
Key Impact Points: Introduction of the New Tool On the eve of Nature COP 16, Bloomberg unveiled a groundbreaking tool designed to help investors assess their exposure to nature and biodiversity-related risks. This offering combines Bloomberg’s extensive data with leading sources of nature and biodiversity information. Key Features of the
