Key Points: Surge in Climate Investments According to the CREO Syndicate, climate finance has experienced remarkable growth. From 2020 to 2022, annual global climate finance flows doubled to $1.4 trillion, representing 1% of global GDP. To achieve net-zero emissions by mid-century, these investments need to multiply, targeting an average of
Key Impact Points: Leaders of small island nations gathered at the United Nations General Assembly on Wednesday, issuing a unified plea for urgent global action to combat the climate crisis. They stressed that their countries are on the frontlines of climate change and that the international community must move beyond
Asset owners worldwide are increasingly prioritizing environmental factors, particularly climate change, in their investment decisions, according to the third annual “Morningstar Voice of the Asset Owner Survey.” Environmental Factors Take the Lead Some 64% of asset owners globally feel that environmental factors have become more material or financially relevant over
Key Impact Points: On September 23, 2024, in New York, USA, the World Economic Forum announced the release of its new report titled “Spotlight on Nature: Case Studies for Business Transformation towards a Nature-Positive Future.” This report, developed in collaboration with McKinsey & Company, underscores the urgent need for businesses
Key Impact Points: The United Nations Environment Programme Finance Initiative (UNEP FI), Finance for Biodiversity Foundation, and the United Nations Development Programme (UNDP) have unveiled plans for the Finance and Biodiversity Pavilion at the upcoming UN Biodiversity Conference COP16. Scheduled for October 21 to November 1, 2024, in Cali, Colombia,
Key Impact Points: In a groundbreaking move, 534 institutional investors and their representatives managing more than USD $29 trillion in assets have launched the 2024 Global Investor Statement to Governments on the Climate Crisis. This most comprehensive investor call to date demands a whole-of-government approach to address the climate crisis,
Guest Post By: Tim Mohin The SEC’s beleaguered ESG agenda took another hit this week as their Enforcement Division’s Climate & ESG Task Force, set up three years ago, was quietly disbanded. The group was created in March 2021 to “develop initiatives to proactively identify ESG-related misconduct.” Since then, the
Key Impact Points: The United Nations General Assembly begins today with the Summit of the Future Action Days, marking a pivotal moment for global collaboration and change. The Summit aims to pave the way to a better tomorrow that we can only shape together. A Gathering of Global Stakeholders In
Key Impact Points: Despite external crises and ESG backlash, net zero commitments among the world’s largest companies have increased significantly. Climate Impact Partners’ sixth annual study reveals that 45% of Fortune Global 500 companies plan to be net zero by 2050, up from 39% last year and a substantial rise
Key Impact Points: Interview Summary: In an exclusive interview with SDG News, Prime Minister Gaston Browne of Antigua and Barbuda shared insights and reflections following the fourth International Conference of Small Island Developing States (SIDS). In the aftermath of the historic summit, Browne felt energized and optimistic about the future
