Capital markets need to be better attuned to individual countries’ goals and the interests of workers By Larry Fink – Originally published in the FT June 2025 The global economy is in a strange place: we know more about the next seven years than the next seven days. For nearly
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
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: Brazil’s Landmark Carbon Credit Deal Faces Legal Challenge Federal prosecutors in Brazil have filed a lawsuit seeking to annul a $180 million carbon offset deal signed in 2023 by the state of Para. The agreement, part of the LEAF Coalition initiative, was designed to conserve the Amazon
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: The Ocean Faces a Make-or-Break Year The world’s oceans are under intense pressure — from climate-fueled heatwaves to ecosystem collapse and rising plastic waste. SDG14, the goal to “conserve and sustainably use the oceans,” has received the least financial support and lags far behind progress targets. 2025
Key Impact Points: Africa Steps Up as Global Carbon Market Leader The African Development Bank (AfDB) announced the launch of the Africa Carbon Support Facility (ACSF)—a first-of-its-kind platform to scale carbon markets across Africa—during a high-level dialogue held at the 2025 AfDB Annual Meetings in Abidjan, Côte d’Ivoire. Framed as
Key Impact Points: GRESB Rolls Out 2025 Submitted Data Feature for Infrastructure GRESB has expanded its Data Exporter with a powerful new tool—2025 Submitted Data—designed to give infrastructure investors, managers, and assets early access to submitted assessment data, supporting faster decision-making and improved sustainability outcomes. “By providing early access to
