Key Impact Points: Accelerating the Transition from Coal The governing board of the Climate Investment Funds (CIF), a leading multilateral climate fund, has endorsed a new investment plan presented by the Government of the Philippines. This plan allocates $500 million for the country’s transition from coal to renewable energy, focusing
What’s New: Nestlé has introduced a limited-edition, plant-based edible fork for Maggi cup noodles in India, developed with a local startup. This innovation is part of Nestlé’s broader commitment to reducing plastic use in packaging. Impact: Key Quotes: “At Nestlé, we continuously explore different types of alternative sustainable packaging solutions,”
The 2024 World Entrepreneurs Investment Forum adopted a declaration calling on the international community “to harness the power of entrepreneurship and innovation in pursuit of the [SDGs], with a strong emphasis on including women, youth, persons with disabilities and productive families in these efforts.” The 2024 World Entrepreneurship Investment Forum convened in Manama,
Key Impact Points Access to safe drinking water and sanitation, reliable water supply for agriculture and industry, and protection against droughts and floods are crucial for development, according to a World Bank report released at the 10th World Water Forum in Bali, Indonesia. The report highlights a worsening crisis: in
Prices for key minerals used in clean energy technologies dropped in 2023, but new IEA analysis shows need for greater and more diversified investment to support efforts to reach energy and climate goals Pressure eased in 2023 on the market for minerals that go into electric vehicles, wind turbines, solar
The World Business Council for Sustainable Development (WBCSD) announces Hilti Group, a global leader in supplying the construction industry with innovative products, systems, software, and services, as its newest member. Hilti Group will join forces with a global network of 200 businesses committed to accelerating the transition to a more
At the Clean Cooking Summit organized by the International Energy Agency (IEA), TotalEnergies announced its ambition of giving 100 million people in Africa and India access to clean cooking by 2030. TotalEnergies will therefore invest more than $400 million in the development of liquefied petroleum gas (LPG) for cooking. In
re.green and Microsoft re.green has finalized its largest carbon removal (CDR) project to date. re.green will deliver approximately 3 million tons of carbon removal credits over a 15-year period through the restoration of forests using solely native species, encompassing the planting of at least 10.7 million seedlings. This offtake agreement
With the fourth round of negotiations for a UN treaty to end plastic pollution now concluded, Unilever CEO Hein Schumacher reflects on the progress made and the road ahead. Unilever CEO Hein Schumacher’s reflection Last week I took the opportunity to attend INC4 in Ottawa, the fourth round of negotiations
CEOs are feeling more hopeful about their immediate prospects and the actions they need to take now to create capital for investment in future growth. But in a challenging market, there remains a focus on short-term returns. Respondents indicated that longer-term ambitions around decarbonization and the creation of new revenue
