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First Person: Crafting a new life after a devastating hurricane

Resilience Rising: Crafting New Life in Dominica After Hurricane

Vanessa Winston’s home and business in the Caribbean island of Dominica were destroyed by Hurricane Maria in 2017. Starting from scratch, the mother of four fought back and today, with UN support, she has rebuilt her life.  44-year-old Vanessa Winston lives in Roseau, the capital of Dominica, where she runs

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EU Parliament Approves Landmark Environmental, Human Rights "Due Diligence" Directive

EU Parliament Approves Landmark Environmental, Human Rights “Due Diligence” Directive

Key Impact Points In a landmark decision, the European Parliament has overwhelmingly approved new regulations aimed at ensuring corporate accountability and environmental stewardship. With 374 votes in favor, 235 against, and 19 abstentions, the “due diligence” directive represents a significant step towards holding companies accountable for their impact on society

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President Biden Marks Earth Day 2024

President Biden Marks Earth Day 2024

Key Impact Bullet Points President Biden is on a mission to redefine America’s stance on climate change and environmental justice. In a recent announcement from the White House, Biden unveiled a series of initiatives aimed at tackling the climate crisis head-on while creating opportunities for economic growth and equity. Here

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Prime Minister Siaosi 'Ofakivahafolau Sovaleni Leads Tonga's Sustainable Agenda

Prime Minister Siaosi ‘Ofakivahafolau Sovaleni Leads Tonga’s Sustainable Agenda

“Tonga is at the forefront of the climate crisis, and we must take decisive action to protect our people and our environment,” says Prime Minister Sovaleni, emphasizing the urgency of addressing climate change.

Prime Minister Siaosi ‘Ofakivahafolau Sovaleni of Tonga stands as a steadfast advocate for sustainability in the face of climate change, especially within the context of Small Island Developing States (SIDS.) With Tonga facing the brunt of climate change impacts, including rising sea levels and extreme weather events, Prime Minister Sovaleni has emerged as a prominent voice for resilience and sustainability.

Under Prime Minister Sovaleni’s leadership, the nation has embarked on a path toward sustainability, prioritizing renewable energy infrastructure and conservation efforts.

“We are committed to transitioning to a renewable energy future and reducing our carbon footprint,” Prime Minister Sovaleni asserts, highlighting Tonga’s dedication to sustainable development.

Participating in the global discourse on sustainability, Prime Minister Sovaleni has championed Tonga’s interests within the SIDS4 agenda. “The challenges faced by Small Island Developing States require global solidarity and cooperation. Tonga stands ready to work with our international partners to address these pressing issues,” Prime Minister Sovaleni affirms.

Tonga’s commitment to sustainability is evident in its national policies and initiatives. Through innovative projects and partnerships, the nation strives to achieve a sustainable future while preserving its natural heritage.

“We must balance development with conservation to ensure a prosperous and sustainable future for generations to come,” Prime Minister Sovaleni remarks, emphasizing the importance of environmental stewardship.

According to recent data from the United Nations, progress has been made in the sustainable development of Small Island Developing States (SIDS). Tonga has made significant strides in renewable energy adoption, with a notable increase in the use of renewable sources such as solar and wind power to meet its energy needs. Additionally, Tonga has been proactive in marine conservation efforts, establishing marine protected areas and implementing sustainable fishing practices to preserve its ocean ecosystems. In terms of climate resilience, Tonga has implemented adaptation measures such as coastal protection and disaster risk management strategies to mitigate the impacts of climate change on its communities and infrastructure.

Prime Minister Sovaleni is looking forward to the upcoming SIDS4 conference scheduled from May 27-30, where leaders from Small Island Developing States will convene to discuss strategies for advancing sustainability and resilience.

“The SIDS4 conference presents a crucial opportunity for collaboration and action. Tonga is committed to contributing to meaningful discussions and forging partnerships that will drive positive change for SIDS,” Prime Minister Sovaleni states.

“Our resilience and determination will guide us through these challenging times. Together, we can build a sustainable future for Tonga and the global community,” Prime Minister Sovaleni concludes.

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Energy Performance of Buildings Directive adopted to bring down energy bills and reduce emissions

Another Milestone for the European Green Deal

The Commission welcomes today’s final adoption of the strengthened Energy Performance of Buildings Directive, another milestone of the European Green Deal. This legislation sets the framework for Member States to reduce emissions and energy use in buildings across the EU,from homes and workplaces to schools, hospitals and other public buildings. This will help improve

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What To Do Now

3 Reasons to Continue Building Climate-Related Governance

Although the SEC’s climate rule is on hold, there’s still much to unpack with respect to material climate-related risks and how to prepare for mandatory reporting on the horizon A pause in a recently finalized U.S. climate disclosure rule may prompt some companies to question how urgently they should prepare

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Blue Bonds Float the Boat in Latin America

Blue Bonds Float the Boat in Latin America

Latin America leads the issuance of blue bonds, with Panama exchange Latinex expected to list its first regional blue bond this year. But more work on standards and guidance is needed to drive further issuance in the region At a glance  In the nascent asset class of blue bonds, where

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