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Seagrass Could Unlock Up to $2.3 Trillion in Climate Finance, Landmark Study Finds

Seagrass Could Unlock Up to $2.3 Trillion in Climate Finance, Landmark Study Finds

New research suggests restoring the world’s seagrass meadows could become one of the largest untapped opportunities in nature-based climate finance—particularly for Small Island Developing States and coastal economies. A new peer-reviewed study published in npj Ocean Sustainability concludes that restoring the world’s seagrass ecosystems could generate between USD $1.13 trillion

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Portugal Sovereign Wealth Fund

Portugal’s Big Bet: A Sovereign Wealth Fund to Defend Strategic Industries and Build National Resilience

As governments around the world rethink how to safeguard critical industries amid intensifying geopolitical competition, Portugal is preparing to join a growing number of nations deploying sovereign wealth funds as instruments of long-term economic strategy. Prime Minister Luís Montenegro has announced plans to establish a Portuguese sovereign wealth fund designed

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From Ideas to Impact: Climate Solutions Prize Awards More Than $1 Million to Accelerate Breakthrough Climate Technologies

MONTREAL, Canada — At a time when the world is searching for pathways to turn climate ambition into tangible results, the Climate Solutions Prize (CSP) is proving that one of the greatest opportunities may lie in identifying and scaling the innovators already building solutions. During the 2026 Climate Solutions Prize

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Michael Bloomberg Steps In as Governments Step Back: $260 Million Pledge for Ocean Protection

Michael Bloomberg Steps In as Governments Step Back: $260 Million Pledge for Ocean Protection

LONDON — At a moment when governments are scaling back funding for climate science and conservation, billionaire philanthropist and former New York City mayor Michael Bloomberg has announced a new $260 million (£196 million) commitment to ocean protection, positioning private philanthropy as an increasingly important force in protecting the world’s

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Ecobank Launches World's First Commercial Bank-Issued Nature Bond

Ecobank Launches World’s First Commercial Bank-Issued Nature Bond, Mobilizing $450 Million to Protect Africa’s Natural Ecosystems

LONDON — In a landmark development for sustainable finance, Ecobank Group has launched what it describes as the world’s first International Capital Market Association (ICMA)-aligned Nature Bond issued by a commercial bank, raising $450 million to support biodiversity protection, sustainable agriculture, and water infrastructure across Africa. The bond, listed on

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AI's Biggest Players Are Heading to Public Markets. The Stakes Could Not Be Higher.

AI’s Biggest Players Are Heading to Public Markets. The Stakes Could Not Be Higher.

The artificial intelligence revolution is entering a new phase. After years of record-breaking private fundraising, the world’s leading AI companies are increasingly turning toward public markets to finance their ambitions. OpenAI, the company behind ChatGPT, has reportedly filed confidential paperwork for a U.S. stock market debut, while rival Anthropic is

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Víctor Mojica Takes the Helm of Panama’s $3 Billion Sovereign Wealth Fund

Víctor Mojica Takes the Helm of Panama’s $3 Billion Sovereign Wealth Fund

As governments around the world search for ways to finance resilience, manage uncertainty, and invest in long-term prosperity, few institutions are more important—and less understood—than sovereign wealth funds. This month, Panama appointed Víctor Mojica Caballero as the new Technical Secretary of the Fondo de Ahorro de Panamá (FAP), the country’s

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