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NG's Climate Targets Validated by SBTi, Marking Landmark for Global Banks

ING’s Climate Targets Validated by SBTi, Marking Landmark for Global Banks

Key Impact Points: Setting a New Standard for Banks ING today announced validation of its climate targets by the Science Based Targets initiative (SBTi), marking a significant milestone in global climate action for financial institutions. SBTi confirmed ING’s targets to cut emissions across its own operations and extensive client portfolio,

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Palau’s Ambassador Ilana Seid Named Chair of AOSIS, Bringing Global Finance Expertise to Island Climate Leadership

Palau’s Ambassador Ilana Seid Named Chair of AOSIS, Bringing Global Finance Expertise to Island Climate Leadership

H.E. Ambassador Ilana Seid, Permanent Representative of the Republic of Palau to the United Nations, has recently assumed the prominent role of Chair of the Alliance of Small Island States (AOSIS). Ambassador Seid’s distinguished background in global finance uniquely positions her to champion investment strategies aimed at achieving resilience and

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Global Climate Week

UNFCCC Announces Inaugural Global Climate Week in Panama

In a significant shift to the international climate negotiation landscape, the United Nations Framework Convention on Climate Change (UNFCCC) announced the introduction of two global “mini-COPs”—officially branded as “Global Climate Weeks”—as a precursor to the annual UN Climate Change Conference (COP30). This innovative approach marks a departure from the traditional

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Why Coalitions of Rich Countries Need to Fund Decarbonization Worldwide

Why Coalitions of Rich Countries Need to Fund Decarbonization Worldwide

Key Impact Points: Climate Finance Shortfall Threatens Global Stability The COP29 climate summit in Baku ended without sufficient agreements on climate finance. High-income countries pledged vaguely to “take the lead” in raising $300 billion annually by 2035, relying on unspecified sources. This lack of clarity fails the urgency required to

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Social Bond

Standard Chartered Issues First-Ever €1 Billion Social Bond to Support SMEs and Essential Services

Key Impact Points: Groundbreaking Social Finance Initiative Standard Chartered has launched its first-ever Social Bond, issuing EUR1 billion aimed primarily at financing small and medium-sized enterprises (SMEs), healthcare, education, essential infrastructure, and food security projects in emerging markets. Around USD4.2 trillion in annual investment is needed across emerging markets to

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Spotlight: One Earth Appoints Sustainability Leader Will Peterffy to Board

Spotlight: One Earth Appoints Sustainability Leader Will Peterffy to Board

Key Impact Points: New Leadership Strengthens Sustainability One Earth has announced the appointment of Will Peterffy to its Board of Directors. As Founder and CEO of One Small Planet, Peterffy brings a robust track record in sustainability-focused business practices and innovative financial solutions aimed at environmental health. Peterffy stated: “Since

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