Close to 60 countries, as well as companies and development institutions, gather in Paris to channel unprecedented resources towards addressing a challenge affecting huge numbers of women and children The first ever high-level Summit focused on providing clean cooking access to the more than 1 billion people in Africa who
Broadening our ambition in greenhouse gas reduction Standard Chartered enhances net zero roadmap with commitment to deliver methane (CH4) emissions reduction target. A methane target aligns with Standard Chartered’s focus on reducing carbon dioxide-related (CO2) financed emissions and supports the companies ambition to be net zero by 2050. The Group has
By Niccolo Conte | Article/Editing: Dorothy Neufeld The World’s Richest Countries Across 3 Metrics This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources. How do you measure the economic success of a country? By one classic measure,
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
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
By Jose Luis Palmer from RankiaPro Europe Fidelity International has introduced two new Sicav strategies dedicated to sustainable social and corporate bonds, aligning with environmental and social objectives. Leading the charge, Kristian Atkinson will manage the Sustainable Global Corporate Bond fund, while Shamil Gohil will oversee the Sustainable Social Bond fund. Both funds are classified
By Alice Bolton and Ron Soonieus, BCG Boards and CEOs are increasingly using financial incentives to hit corporate sustainability goals. BCG research shows that 47% of corporate directors say that sustainability should be “entirely” integrated in executive performance metrics and/or compensation. And another 40% say it should be “somewhat” integrated. (See Exhibit 1.) But our analysis
By Lamar Johnson, Utility Dive Dive Brief: Dive Insight: Citi said it remains on track to reach its 2030 sustainable finance goals, which it called “an integrated effort” across its operations. The bank invested $92.7 billion in green infrastructure, climate tech and social initiatives in 2023 to work toward this
African Development Bank Group President Dr. Akinwumi A. Adesina has emphasized the critical need for significantly increased financing to meet the Sustainable Development Goals (SDGs). Speaking at the Islamic Development Bank’s 50th anniversary celebrations in Riyadh, he highlighted a growing annual financial shortfall of $4 trillion, a gap that threatens to
