Key Impact Points: The Dominican Government, through the Ministry of Finance, has made history by issuing its first green bonds, totaling $750 million. These bonds achieved a rate of 6.70%, approximately 15 basis points lower than what would have been achieved with other non-thematic financing instruments of a similar term.
Key Points Investment Breakdown IFC’s $25 million blue bond subscription will fund ocean and water-related projects, while $50 million in green bonds will support green buildings, renewable energy, and energy efficiency. “IFC’s investment will help SeABank increase funding for initiatives that support the country’s climate and financial inclusion agenda. We
The Caribbean Community (CARICOM) is set to receive exclusive 50th-anniversary rum blends from thirteen members of the West Indies Rum and Spirits Producers Association (WIRSPA). These rum producers are planning to present their special blends to the governments of CARICOM Member States throughout June, as part of the year-long celebration
The Caribbean Community (CARICOM) has been instrumental in the negotiations for the Biodiversity Beyond National Jurisdiction (BBNJ) Agreement, a global treaty endorsed by the United Nations General Assembly in June 2023. This treaty aims to ensure the sustainable use and management of marine biodiversity in areas beyond national jurisdictions. CARICOM
Key Impact Points: The rise of advanced artificial intelligence (edge AI) is poised to revolutionize sustainable agriculture. A recent study outlines a roadmap for integrating edge AI into farming, aiming to enhance efficiency, quality, and safety in agricultural production while tackling environmental, social, and economic challenges. Efficiency & Quality Boost
Report Overview The United Nations Sustainable Development Goals (SDGs) offer a universal framework for addressing urgent global challenges. Private equity (PE) investors are uniquely positioned to drive positive change and economic growth, particularly in emerging markets where the need for development is acute. This report, produced by the SDG Working
Market Value Surge Key Growth Drivers Challenges Regional Insights Top Industry Players Market Segmentation Investment Opportunities Future Outlook:The green tech and sustainability market is set to revolutionize industries worldwide, promoting a shift towards more sustainable and environmentally-friendly practices. Continuous innovation, coupled with supportive policies, will drive significant growth, making it
Key Impact Points: The 4th International Conference on SIDS in Antigua and Barbuda saw the adoption of the Antigua and Barbuda Agenda for SIDS (ABAS), a 10-year action plan aimed at driving sustainable development and meaningful change for Small Island Developing States (SIDS). Recognized since 1992 for their unique vulnerabilities,
Key Impact Points: The three European Supervisory Authorities (EBA, EIOPA, and ESMA – ESAs) have published a joint Opinion on assessing the Sustainable Finance Disclosure Regulation (SFDR). The ESAs advocate for a coherent sustainable finance framework that supports both the green transition and enhanced consumer protection, learning from the current
Key Impact Points: The U.S. Department of the Treasury and the IRS have announced final rules on prevailing wage and registered apprenticeship (PWA) requirements under the Inflation Reduction Act. These rules are a pivotal part of the Biden-Harris Administration’s Investing in America agenda, aimed at building a skilled workforce to
