GENEVA — A new Sevilla Forum on Debt, launched this week by Spain and the United Nations, aims to turn global pledges into practical reforms for a fairer, faster, and more sustainable international debt system. The initiative builds on commitments made at the Fourth International Conference on Financing for Development
The Tokyo Metropolitan Government (TMG) has issued the world’s first Climate Bonds Certified Resilience Bond, raising €300 million to fortify the Japanese capital against escalating climate risks. The five-year bond was oversubscribed seven times, attracting €2.2 billion in bids from nearly 120 institutional investors — a sign that global markets
October 28, 2025, Panama City – The Nature Summit opened today in Panama City alongside the Convention on Biological Diversity (CBD), bringing together ministers, Indigenous leaders, innovators, and financiers driving the world’s emerging nature-based economy. The invitation-only forum is the second installment of the Nature Summit Series, following its debut
KINGSTON, JAMAICA — Walls of wind and rain now engulf Jamaica as Hurricane Melissa — a Category 5 superstorm and the most powerful of 2025 — tears across the island’s southern coast with sustained winds of up to 185 mph (295 km/h), making it the strongest storm ever to approach
In a move likely to stir debate ahead of the UN climate conference in Brazil, Bill Gates has urged world leaders to rethink their climate priorities — away from an exclusive focus on reducing carbon emissions and toward alleviating suffering in the world’s poorest regions. In a 17-page memo titled
New findings reveal that the world’s current climate commitments would slash emissions by only a fraction of what is needed to avoid catastrophic warming. A sweeping new United Nations analysis has found that the world’s collective climate pledges are nowhere near sufficient to keep global warming below 1.5°C, the critical
BRUSSELS — The European Commission has postponed full enforcement of its flagship deforestation law, giving companies more time to comply with one of the world’s most ambitious environmental trade regulations. The phased rollout, announced this week, reflects concerns that the EU’s digital infrastructure for processing due-diligence submissions is not yet
RABAT — Morocco has set a target to phase out coal-fired power generation by 2040, contingent on the availability of international climate finance to help fund its transition, the government announced this week. The plan marks a significant step for an emerging economy that remains heavily reliant on coal but
UNITED NATIONS — With COP30 set to convene in Belém, Brazil, global attention is turning to one of the world’s most underfunded yet essential climate priorities: forests. According to the new State of Finance for Forests report by the UN Environment Programme (UNEP), annual investments in forests must more than
Investor bloc moves ahead of COP in Brazil A coalition of institutional investors managing more than 3 trillion dollars in assets is calling on governments to adopt enforceable measures to stop and reverse deforestation by 2030. The group warns that continued forest loss poses material financial risks to global markets
