Key Impact Points: €3 Billion Push to Stem the Tide of Plastic Pollution A coalition of development banks has pledged at least €3 billion ($3.4 billion) by 2030 to address plastic pollution in oceans—marking the world’s largest coordinated investment effort to tackle the crisis. The announcement came as the second
Key Impact Points: CAF Doubles Ocean Commitment to Lead Blue Finance in the Region CAF – the development bank of Latin America and the Caribbean – has announced a bold new investment of $2.5 billion through 2030 to advance a sustainable blue economy and preserve ocean ecosystems in the region.
Key Impact Points: Luxembourg and EIB Global Join Forces for Ocean-Based Climate Solutions Luxembourg is partnering with EIB Global to contribute €5 million to the Outrigger Impact Fund I, a new initiative designed to support climate resilience and low-carbon development in Small Island Developing States (SIDS). The fund, managed by
“Hope is the most powerful force for human progress.” These words, penned by Nobel Peace Prize laureate Óscar Arias Sánchez, open the pages of a bold new book that dares to reimagine the future: Hope for Life on Our Planet: Inspiration for Seven Generations. In a moment marked by escalating
Key Points: Schneider Electric Doubles Down on SDG Commitment with Strategic Sustainability Leadership Move Schneider Electric has appointed Esther Finidori as its new Chief Sustainability Officer, elevating its global commitment to the United Nations Sustainable Development Goals (SDGs) at a critical time for sustainable transformation. Finidori joins the Executive Committee
Key Impact Points: FfD4 Must Move from Generic to Tailored Climate Finance The 4th International Conference on Financing for Development (FfD4), set for July 2025, is a pivotal moment to reshape how climate finance reaches the world’s most vulnerable nations. With 40% of the global population living in climate-vulnerable zones,
Key Impact Points: EU Moves to Safeguard Shared Fish Stocks The Council of the EU and European Parliament have struck a provisional deal to revise Regulation (EU) 1026/2012, strengthening the bloc’s ability to tackle non-sustainable fishing practices by third countries. The new rules aim to secure long-term sustainability of fish
Key Impact Points: UN Ocean Conference 2025 Set to Drive SDG 14 Action The third UN Ocean Conference (UNOC), co-hosted by France and Costa Rica, takes place in Nice from June 9–13, 2025, under the theme: “Accelerating action and mobilizing all actors to conserve and sustainably use the ocean.” More
Key Impact Points: Schroders Takes First Step in Nature Risk Disclosure Schroders has released its first Group Nature report, marking the asset management firm’s formal alignment with the Taskforce on Nature-related Financial Disclosures (TNFD). The report, published June 2, outlines nature-related risks and dependencies across the firm’s investment activities—both public
Key Impact Points: DOE Terminates $3.7 Billion in Climate Awards The U.S. Department of Energy has rescinded $3.7 billion in previously announced awards for carbon capture and decarbonization projects. Among those affected are Calpine Texas CCUS Holdings, LLC, ExxonMobil, Ørsted Star P2X LLC, and PPL Corporation, according to a project
