Key Impact Points: Azerbaijan defends its stance As Azerbaijan prepares to host COP29, top officials are dismissing growing criticism of the country’s human rights record. Hikmet Hajiyev, a key advisor to President Ilham Aliyev, called the criticisms a “coordinated smear campaign and dirty propaganda.” “Overburdening the COP agenda with issues
Key Impact Points: Google’s clean energy push with SMRs Google is making strides in the clean energy sector by signing a groundbreaking corporate agreement with Kairos Power to purchase nuclear energy from Small Modular Reactors (SMRs). These advanced nuclear reactors will provide up to 500 MW of 24/7 carbon-free power
Key Impact Points: Women and youth drive inclusive biodiversity efforts As the 16th Conference of the Parties to the Convention on Biological Diversity (CBD COP 16) approaches, women leaders and youth activists in Colombia are taking a prominent role in shaping inclusive conservation strategies. Supported by the International Climate Initiative
Key Impact Points: Introduction of the New Tool On the eve of Nature COP 16, Bloomberg unveiled a groundbreaking tool designed to help investors assess their exposure to nature and biodiversity-related risks. This offering combines Bloomberg’s extensive data with leading sources of nature and biodiversity information. Key Features of the
3 Key Impact Points: As AI, and especially Generative AI (GenAI), becomes more prevalent, establishing and operationalizing ethical standards is now a key focus for organizations. According to Deloitte’s 2024 Technology Trust Ethics Report, 94% of respondents say their organizations are developing or deploying GenAI, while 87% report expanding its
Key Impact Points: Fidelity International has launched the Fidelity Funds 2 – Blue Transition Bond Fund, a pioneering fixed income fund designed to support the transition to healthier oceans and freshwater ecosystems. The fund also aims to achieve long-term capital growth. A Focus on Underfunded SDGs The fund is the
Key Impact Points: Climate Week NYC Overview Climate Week NYC, held alongside the UN General Assembly, gathered thousands from public and private sectors for over 900 events from September 22-29, 2024. The discussions spanned ten themes, setting the stage for upcoming COP16 and COP29 conferences. Urgent Need for Climate Financing
The sixteenth session of the Conference of the Parties (COP16) to the United Nations Convention to Combat Desertification (UNCCD) is set to take place in Riyadh, Saudi Arabia from 2 to 13 December 2024. This pivotal event marks a critical milestone in the global fight against land degradation and desertification.
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
Key Impact Points: Canada’s Commitment to Net-Zero The Canadian federal government is advancing a bold climate strategy to achieve net-zero emissions by 2050, requiring annual investments of $125 billion to $140 billion. A key component of this plan is a $93 billion suite of economic tax credits designed to attract
