Key Impact Points: The OPEC Fund for International Development and CAF-Development Bank of Latin America and the Caribbean have signed a new Cooperation Framework Agreement to enhance their partnership in promoting sustainable development across Latin America. Commitment to Sustainable Growth Under the agreement, the OPEC Fund plans to contribute up
Key Impact Points: A Turning Point in 2024 In 2024, Bill Gates noted a pivotal moment in the fight against climate change, drawing parallels to his experiences in global health philanthropy in the early 2000s. Back then, the world successfully scaled up vaccines and treatments for preventable diseases, dramatically reducing
Key Impact Points: New Guidance Targets Impact Transparency The Impact Disclosure Taskforce, a collaborative initiative co-chaired by J.P. Morgan and Natixis Corporate & Investment Banking, has released its final voluntary Impact Disclosure Guidance. This guidance is aimed at helping corporate and sovereign entities disclose their contributions to reducing poverty and
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: The U.S. Department of Energy (DOE) has announced the opening of applications for up to $900 million in funding to accelerate the deployment of Generation III+ small modular reactors (SMRs). This initiative is a cornerstone of the Biden-Harris Administration’s Investing in America agenda, supported in part by
Key Impact Points: $1M Grant to Drive Sustainability Constellation, the largest U.S. producer of emissions-free energy, has announced $1 million in grant funding through its Constellation Foundation. This funding will support 35 community-based conservation projects across five states as part of Constellation’s commitment to creating cleaner, healthier environments in nuclear
3 Key Impact Points: The Sustainable Finance Disclosure Regulation (SFDR), a key component of the EU’s Action Plan for Sustainable Finance, is driving the transition toward greater transparency and trust in the financial markets. Designed to combat greenwashing and accelerate capital flows into sustainable investments, SFDR is already having a
3 Key Impact Points: The European Securities and Markets Authority (ESMA) is considering revising its forthcoming rules on the naming of sustainable investment funds following concerns from industry players. Set to take effect on November 21, the new regulations aim to clamp down on greenwashing by banning funds with names
Key Impact Points: Fidelity International has launched the Fidelity Funds 2 – Blue Transition Bond Fund, a pioneering fixed income fund designed to support the transition to healthier oceans and freshwater ecosystems. The fund also aims to achieve long-term capital growth. A Focus on Underfunded SDGs The fund is the
Key Impact Points: Blue Alliance Marine Protected Areas (BA) and BNP Paribas have announced the launch of Blue Finance, a USD 35 million impact loan facility designed to support reef-positive businesses and accelerate the growth of the Blue Economy within Marine Protected Areas (MPAs). This innovative financial facility, which leverages
