Europe needs smart investments to strengthen disaster resilience, adaptation and finance response to disaster and climate risks, say new reports on the Economics for Disaster Prevention and Preparedness, released by the World Bank and the European Commission today. Europe is warming faster than any other continent and is highly vulnerable to
A small but growing number of countries are well on their way to producing all of their electricity from renewable energy. Dominica, in the eastern Caribbean, is planning to join these pioneers and become the first small island developing State (SIDS) to stop using fossil fuels for energy generation. It’s
By Simon Jessop, Reuters A global insurance coalition intended to help curb the sector’s greenhouse gas emissions has relaunched with a new name and weaker membership requirements in response to companies fleeing over allegations of collusion by Republican politicians in the United States. The Net Zero Insurance Alliance The insurance group,
The adoption of verifiable technical criteria to define sustainable economic activities is crucial to reorienting financial flows in the fight against the climate crisis The new study by the Climate Policy Initiative/PUC-Rio (CPI/PUC-Rio) presents ten recommendations for the structuring and implementation of the Brazilian Sustainable Taxonomy, the first national classification system for
Story by Mary Foley, Forbes Recent news coverage of corporate sustainability and environmental, social and governance (ESG) initiatives has focused on a handful of sweeping reforms that will have a truly global impact. These include instruments such as the Corporate Sustainability Reporting Directive and the Corporate Sustainability Due Diligence Directive (CSDDD) in Europe, the U.S.
The Sustainable Finance Working Group has drawn up a proposal to make access to the world’s four largest multilateral climate funds, the so-called ‘green funds,’ less bureaucratic, so that countries from the Global South can access funding for projects to combat the impacts of climate change. One of the priorities
To avoid catastrophic climate impacts, excessive carbon emissions must be addressed. At this point, cutting emissions isn’t enough. Direct air capture, a technology that pulls carbon dioxide out of ambient air, has great potential to help solve the problem. But there’s a big challenge. For direct air capture technology, every
Climate, energy, and environment ministers from the seven leading industrial nations reaffirmed their determination to “fully deliver” on their commitments under the Paris Agreement on climate change, the Kunming-Montreal Global Biodiversity Framework (GBF), and the 2030 Agenda for Sustainable Development while leveraging synergies and preventing trade-offs. The Group of 7
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
Echoing this year’s Earth Day theme of “Planet vs Plastics”, Acer has partnered with Plastic Bank and has pledged to collect and recycle at least 50 tons of plastic waste from the environment in 2024. The Canada-based social enterprise focuses on tackling the growing issues of plastic pollution by building
