SÃO PAULO — São Paulo became the stage this week for a rare alignment between global development finance and private capital. The International Finance Corporation and Brazil’s BTG Pactual signed a partnership on August 28 designed to channel as much as $1 billion in sustainable investments by 2028, a deal that
Washington – The American Forest Foundation (AFF) confirmed a 15-year agreement with Netflix to purchase verified carbon credits from Fields & Forests (F&F), an afforestation and reforestation effort built for family landowners who have been largely excluded from carbon markets. The commitment will help catalyze the first 6,000 acres and
By Green Impact Exchange (GIX) Team As companies increasingly seek credible ways to demonstrate climate impact, that often means more than starting a recycling program, it often means getting involved in carbon offsets. Traditional carbon markets have taken a bit of a hit in recent years, with criticisms about opacity,
One of Europe’s largest pension funds moved decisively to reshape how it invests on behalf of its millions of members. PFZW, stewarding €248 billion (USD 290 billion) in retirement assets, announced it had withdrawn approximately €29 billion (USD 34 billion) in investment mandates from global managers BlackRock and Legal &
NEW YORK – The latest sustainability report from Nasdaq, released in 2024, pulls back the curtain on how one of the world’s most influential financial technology companies is cutting its own emissions while building the tools others need to manage theirs. For a sector that consumes significant energy to power
10-year instrument aligns fully with EU Taxonomy as Copenhagen raises bar for sovereign sustainable finance In Copenhagen, the Danish government is preparing to test global markets with a precedent-setting deal: the world’s first sovereign green bond issued under the European Green Bond Standard (EuGBS). The 10-year instrument, expected in the
EU-backed initiative aims to test pilot projects across 13 countries as coastal pressures mount Fishing boats still line the harbors from Nouakchott to Monrovia, but the catch is thinner, the storms harsher, and the coastline more fragile each year. For millions in West Africa, the ocean is both lifeline and
Alliance at a Crossroads The Net-Zero Banking Alliance (NZBA), a UN-backed coalition of global banks formed to align finance with climate goals, has paused its activities and launched a member vote on its future structure. The Steering Group confirmed on 27 August that members are considering whether to transition from
State Street, one of the world’s largest custodians, has taken a significant step into digital finance by joining JPMorgan’s blockchain platform to support tokenized debt issuance. The move marks a first for an independent custodian and underscores how traditional financial institutions are adopting blockchain to modernize capital markets. On August
By Keith Tuffley COP30 isn’t a technical debate, but a strategic shift in financing models and investment in reforestation initiatives. As the world prepares for COP30 in the heart of the Amazon, the role of nature and forests will be elevated as never before. Brazil is setting the agenda, not
