In a pivotal gathering that took place during Earth Week, Earthx2024 emerged as a critical platform for environmental leaders from across the globe to discuss, deliberate, and devise strategies aimed at safeguarding our planet and its vulnerable communities. The annual event organized by EarthX in Dallas, Texas, was buzzing with
BMO announced the launch of its Greener Future Financing program in the United States – its first climate financing program to help small and medium-sized businesses build future-ready, climate-resilient operations. In 24 states – including Arizona, California, Colorado, Florida, Idaho, Illinois, Iowa, Indiana, Kansas, Michigan, Minnesota, Missouri, Nebraska, Nevada, New Mexico, North Dakota, Oklahoma, Oregon, South Dakota, Texas, Utah, Washington, Wisconsin, and Wyoming (businesses located in Michigan or Texas must be within 100 miles of a BMO full-service retail branch in an adjacent
The report showcases the achievements, lessons and best practices in developing Integrated National Financing Frameworks from around the world The Integrated National Financing Framework (INFF) Facility launched its flagship report, ‘Making Finance Work for People and Planet: How Countries are Building their Sustainable Finance Ecosystem through Integrated National Financing Frameworks’ at an
The Asian Infrastructure Investment Bank (AIIB) and the World Bank have signed a renewed Memorandum of Understanding (MOU) to enhance collaboration on infrastructure development and support the achievement of the Sustainable Development Goals (SDGs). The renewed MOU was signed by AIIB President Jin Liqun and World Bank President Ajay Banga
What you need to know We live in disruptive times. Disruption is nothing new, of course, but the speed with which change occurs in today’s world can catch businesses and investors off guard if they’re unprepared. There is a famous quote often attributed to naturalist Charles Darwin1 : ‘It is not
By Robert Kerr, Audit & Assurance Partner, Accounting and Reporting Advisory, Deloitte & Touche LLP Talking points These are exciting times for those of us who’ve worked on ESG initiatives for many years. Not only are ESG disclosure frameworks evolving and accelerating, but many organizations—from large multinationals to emerging growth companies—seem
Key Impact Points: S&P Global Ratings recently released its global bond forecast for 2024, shedding light on the trajectory of sustainable bond issuance. Despite macroeconomic uncertainties, the forecast suggests a cautiously optimistic outlook for the sustainable finance market. According to the report, GSSSB issuance is expected to experience modest growth,
The UN Secretary-General on Monday called for a “surge in investment” to give developing countries a chance to build better lives for their people. According to UN estimates, the world is facing an annual financing gap of about $4 trillion to achieve sustainable development, leaving countries with hardly any resources
Multiple startups, backed by angel investors and venture capitalists, continue to build and launch SaaS-based software platforms to address carbon accounting, regulations such as CSRD (Corporate Sustainability Reporting Directive), and key vertical market opportunities. The latest business moves involve such startups as BeCause, Coolset, Cozero, and Sumday. Here’s a sampling of their strategies, and early clues
Presenting the latest UN report on the issue, Amina Mohammed called for “a surge in investment” and reform of the international financial system to rescue the Sustainable Development Goals (SDGs) which are woefully offtrack. World leaders adopted the 17 SDGs nearly a decade ago and they include ending extreme poverty and hunger, ensuring availability to clean
