In a decisive shift that could reshape global capital markets, Norges Bank Investment Management (NBIM) has issued a comprehensive framework urging companies to treat nature not as an externality, but as a core financial risk. The guidance, directed at thousands of companies in the fund’s portfolio, signals a new phase
The European Union is moving to consolidate its ocean monitoring systems and formalize international cooperation around marine data, signaling that observation capacity is being treated less as scientific support and more as core infrastructure. On Tuesday, Commission President Ursula von der Leyen introduced OceanEye, an initiative designed to align Europe’s
A Turn Away From Maximum Yield COPENHAGEN — For decades, Denmark’s countryside has been shaped by efficiency. Wetlands were drained, soils leveled, fertilizers applied with precision. The country became one of Europe’s most productive agricultural exporters, but the environmental costs accumulated quietly in the background. This week, Denmark signaled a
Every second, the equivalent of a rubbish truck full of clothes is dumped into a landfill or incinerated. In Europe, between 4% and 9% of all unsold textiles, specifically items that have never been worn, are destroyed annually. This produces carbon emissions roughly equivalent to the total net output of
When delegates from nearly every nation gathered in Geneva earlier this month, the meeting on the agenda was procedural but carried heavy symbolic weight: electing a new chair to lead negotiations on what could become the world’s first legally binding treaty on plastic pollution. In a one-day resumed session of
When governments moved to restart stalled negotiations on a global plastics treaty in Geneva earlier this month, they turned to a diplomat shaped not by a single issue, but by the slow accumulation of trust, credibility, and experience across climate, oceans, and multilateral governance. Julio Cordano, newly elected Chair of
GEF approves $372 million for a new round of environmental projects as the Global Environment Facility Council agreed funding for 36 programmes aimed at biodiversity protection, climate adaptation, and ecosystem restoration across developing countries. The approvals were made at the GEF Council meeting in December 2025 and will support initiatives
The European Union has completed the legislative process to delay and simplify its landmark deforestation law, formally resetting the implementation timeline for one of the bloc’s most far-reaching trade and environmental regulations. On Thursday, the European Council adopted amendments to the EU Deforestation Regulation (EUDR), confirming a one-year postponement of
New York, 18 December 2025 — A major financing package of US$67 million approved by the Global Environment Facility (GEF) is set to accelerate frontline environmental action in vulnerable ecosystems and communities across Africa, Asia Pacific, Latin America, and the Middle East and North Africa, with implementation support from the
As coastal communities across the Philippines brace for another typhoon season, the country’s economic future remains tightly bound to the health of its seas. From fisheries and tourism to shipping and offshore energy, the ocean underpins livelihoods for more than half the population. This week, the Asian Development Bank (ADB)
