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PROMPT FOR SDG NEWS: You are tasked with rewriting articles for a news publication website called SDG News. Follow the steps below carefully: 1. Rewrite the article in Smart Brevity Format: Focus on concise, clear, and impactful writing. 2. Provide a title for the article: The title needs to directly report the findings from the provided article 3. Provide 3 key impact points: These should be in bullet points format at the beginning of the article. 4. Include all original quotes: Place them strategically within the article to support key statements. 5. Target Audience: Country Leaders, Presidents, Prime Ministers, C-Suite, Executives, Directors, Big Investors 6. Add H3 Headings inbetween the article to break up the paragraphs United Nations Development Programme (UNDP) and Mizuho Financial Group join forces to scale up sustainable finance in Asia Tokyo, October 10, 2024 - The United Nations Development Programme (UNDP) and the Mizuho Financial Group have entered into a partnership to support scaling up sustainable finance across Japan and Asia. This follows an announcement by the Mizuho Financial Group that it intends to raise USD 700 billion in sustainable finance by 2030. The partnership aims to expand sustainable and impact finance initiatives which strengthen economic infrastructure by resolving a range of societal and environmental issues and enhancing socioeconomic sustainability. The approach aims to integrate sustainability into business strategies and operations to achieve the Sustainable Development Goals (SDGs). UNDP has prioritized engaging with the private sector to mobilize much needed resources and to scale up efforts in achieving the SDGs. Its SDG Finance Team at the Regional Bureau for Asia and the Pacific (RBAP) and UNDP’s Sustainable Finance Hub have introduced service lines for businesses and investors to align investments towards the SDGs. These service lines are focused on the development of impact-driven investment frameworks, integrated into the entire investment cycle. In 2022, Mizuho became the first global company to participate in UNDP’s “SDG Impact Standards Training”, strengthening efforts to enable a wide range of customers to engage in impact finance. Mizuho published its “Impact Business Compass” in May 2024, which guides its thinking on impact, both in terms of the opportunities and approaches to becoming an impact business. This announcement advances collaboration with Mizuho, an industry leader in Asia, while serving as a model for other companies to follow suit. In collaborating with UNDP, Mizuho is advancing initiatives that seek to establish positive cycles that cogenerate SDG impact and economic and corporate value. UNDP will provide Mizuho with comprehensive advisory services to enhance its sustainable investment strategy, operations, and project identification. UNDP’s expertise and global network will help Mizuho identify and support impactful projects aligned with the SDGs, structure blended finance solutions, and amend its sustainability-related policies. Key areas of the partnership include developing a comprehensive sustainable investment strategy and financing for Mizuho that aligns with international standards and best practices. UNDP will also support Mizuho to develop sustainable product offerings, policies, and operational procedures, as well as identify and prioritize investment opportunities that can contribute to the SDGs. “Private capital investments at scale are essential to see accelerated progress across the Sustainable Development Goals. Our partnership with the Mizuho Financial Group underscores the vital role and compelling business case for investing in areas like climate change, biodiversity, and social equity,” said Kanni Wignaraja, UNDP’s Regional Director for Asia and the Pacific. “By combining Mizuho’s financial capabilities and assets with UNDP’s strategic vision and development expertise across Asia and the Pacific, we look to enable transformative change. We hope this partnership serves as an inspiration for other financing institutions to follow the Mizuho Financial Group's lead,” she added. Yasuhiko Ushikubo, Executive Officer and Head of the Research and Consulting Unit, Mizuho Financial Group and Mizuho Group Chief Sustainability Officer (CSuO), said, “Mizuho works to co-create impact with diverse stakeholders in working towards its purpose of tackling new challenges and achieving success together. Achieving a sustainable society requires incorporating social and environmental factors, which have been regarded as external to corporate and economic activities, into decision-making as internal factors. In this way, internalizing externalities is crucial to fostering a virtuous cycle of impact creation and corporate growth. The UNDP has a proven track record of supporting projects that aim to create global impact towards achieving the SDGs through capacity building that accelerates impact thinking. Through this partnership, Mizuho will work with the UNDP to promote its impact business not only Japan, but also globally.”About the United Nations Development Programme (UNDP) As the United Nations lead agency on international development, UNDP works in 170 countries and territories to eradicate poverty and reduce inequality. UNDP helps countries to develop policies, leadership skills, partnering abilities, institutional capabilities, and to build resilience to achieve the Sustainable Development Goals. UNDP’s work is centred around six signature development solutions: poverty and inequality, governance, resilience, environment, energy and gender equality.About the UNDP Sustainable Finance Hub The Sustainable Finance Hub brings together UNDP’s financial expertise to harness public and private capital for the Sustainable Development Goals (SDGs) – supporting governments, investors and businesses in reaching climate, social impact and sustainability targets. Its work drives systemic change towards a sustainable financial architecture that benefits people and the planet.

UNDP and Mizuho Financial Group Form Strategic Partnership to Align $700 Billion with the SDGs by 2030

Октябрь 10, 2024 Комментариев нет

Key Impact Points: Strategic Partnership for Sustainable Finance The United Nations Development Programme (UNDP) has partnered with Mizuho Financial Group to scale sustainable finance across Japan and Asia. This collaboration follows Mizuho’s commitment to raise USD 700 billion in sustainable finance by 2030, focusing on resolving societal and environmental issues

Morningstar: The 10 Largest Funds Aligned to Sustainable Development Goals

Октябрь 10, 2024 Комментариев нет

By Liz Angeles, Morningstar Investors seeking clues about where society is headed—and which trends could benefit—might look at the Sustainable Development Goals. Adopted by United Nations members in 2015, the 17 Sustainable Development Goals form a wide-ranging plan to grapple with poverty, equalities, climate change, and other challenges, while promoting economic growth.

Top Eco-Friendly Banks for 2024: Pioneering Green Banking Practices

Октябрь 7, 2024 Комментариев нет

Key Impact Points: Understanding Eco-Friendly Banks Eco-friendly banks integrate sustainability into their operations by offering financial products that support environmental causes and shunning investments in harmful sectors like fossil fuels. These banks are characterized by their commitment to transparency, allowing customers to understand how their funds are being used to

Azerbaijan Advances Green Financing to Combat Climate Change

Октябрь 7, 2024 Комментариев нет

Key Impact Points: Climate change presents a pressing global challenge, with Azerbaijan taking proactive steps to champion green financing as part of the solution. This initiative not only aims to mitigate environmental risks but also to foster sustainable economic growth. The Rising Tide of Green Finance Green financing emerges as

CSRD Prep: Companies Merging Green with Financial Goals

Октябрь 7, 2024 Комментариев нет

Key Impact Points: The Corporate Sustainability Reporting Directive (CSRD), which became European law in January 2023, is reshaping the landscape of corporate responsibility by mandating extensive sustainability disclosures. This move requires unprecedented alignment between companies’ sustainability and finance departments. Enhanced Reporting Requirements Netflix Ramps Up Data Integration Netflix’s Chief Sustainability

IFC and HSBC Launch Fund to Drive SDG-Aligned Investments in Emerging Markets

Октябрь 7, 2024 Комментариев нет

Key Impact Points: IFC, a member of the World Bank Group, in collaboration with HSBC Asset Management (HSBC AM), announced the creation of a specialized fund vehicle aimed at enhancing sustainability in the emerging market (EM) corporate bond sector. This initiative will support issuers that make significant contributions to sustainable

SLR Consulting Acquires Malk Partners to Expand Global Sustainability Services

Октябрь 4, 2024 Комментариев нет

SLR Consulting (SLR), a renowned leader in global sustainability solutions, has announced its acquisition of Malk Partners (Malk), a prominent environmental, social, and governance (ESG) advisory firm based in New York City. This strategic move is set to bolster SLR’s consulting and advisory market offerings across the United States and

STX Group expands the environmental credit facility up-to EUR 375 million

STX Group Boosts Environmental Credit Facility to EUR 375 Million Amid Growing Market Demand

Октябрь 3, 2024 Комментариев нет

Key Impact Points: STX Group, a prominent player in environmental markets and climate solutions, has announced a significant expansion of its borrowing base facility to up to EUR 375 million, marking a robust increase in support from EUR 150 million. This expansion is fueled by substantial interest in environmental commodities,

UN Global Compact SDG Investment Forum Wraps Up with Debut of Groundbreaking Sustainable Finance Report

Сентябрь 30, 2024 Комментариев нет

Key Impact Points: The United Nations Global Compact concluded its 2024 SDG Investment Forum in New York, rallying leaders from business, finance, government, and civil society to accelerate private capital mobilization for the Sustainable Development Goals (SDGs). Launch of Groundbreaking Report During the forum, the UN Global Compact launched the

Opportunities Abound in Energy Investment – From Fossil Fuels to Green Bonds: JP Morgan Private Bank

Сентябрь 30, 2024 Комментариев нет

Global energy demands continue to drive the financial markets, presenting both risks and opportunities for investors. As we navigate through the complex landscape of energy investments, from traditional fossil fuels to innovative green bonds, understanding the nuances of each segment is crucial. Traditional Energy Investment The traditional energy sector, encompassing