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IFC and the Italian Climate Fund Partner with Eni to Support Biofuel Production, Farmers in Kenya

IFC and Italian Climate Fund Announce $210 Million Investment in Kenya’s Biofuel Industry

Май 21, 2024 Комментариев нет

Key Impact Points IFC and the Italian Climate Fund have announced a $210 million investment in Eni S.p.A.’s Kenya subsidiary. This investment will expand advanced biofuel production, supporting decarbonization and benefiting up to 200,000 small-scale Kenyan oilseed farmers. IFC will contribute $135 million, while the Italian Climate Fund will add

Banks to play a pivotal role in the low-carbon transition, contributing up to $600 billion annually through 2030

Май 20, 2024 Комментариев нет

Global banks and financial institutions have an annual $44 billion revenue opportunity through 2030 from an increasingly pressing requirement for financing and investment in the low-carbon transition, Bain & Company research reveals today in a new analysis. Bain’s study highlights a $600 billion “addressable opportunity” for banks and other global financial institutions to fill a gap

How can we encourage sustainable investments in forest biodiversity?

Май 17, 2024 Комментариев нет

By Rach Colling A new science-policy study from EFI sets out how forest-related biodiversity could be included in the EU Taxonomy, to help encourage sustainable investments in forests. The EU Taxonomy Regulation creates a common set of indicators and criteria to classify sustainable commercial activities and investments. While forest-related activities

Landmark summit mobilises $2.2 billion to make 2024 a turning point for clean cooking access in Africa

Май 13, 2024 Комментариев нет

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

Standard Chartered Enhances Net Zero Roadmap with Commitment to Deliver Methane (CH4) Emissions Reduction Target

Май 10, 2024 Комментариев нет

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

The World’s Richest Countries Across 3 Metrics

Май 9, 2024 Комментариев нет

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,

Insurers’ climate alliance relaunches after member exodus

Май 9, 2024 Комментариев нет

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,

CPI/PUC-Rio presents proposals for the Brazilian Sustainable Taxonomy

Май 7, 2024 Комментариев нет

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,'

‘Green funds’ are Brasil’s target at the G20. Find out why

Май 7, 2024 Комментариев нет

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

Fidelity Unveils Two Sustainable Global Corporate Bond Funds, Aligned with UN SDGs

Май 6, 2024 Комментариев нет

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