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
Key Impact Points: Catastrophic Loss of Species Human activity is driving a “catastrophic” decline in wildlife, according to the World Wide Fund for Nature (WWF). The latest Living Planet Report reveals that global wildlife populations have decreased by an average of 73% in the last 50 years. Tanya Steele, head
Key Impact Points: Urgent Challenges and COP16’s Role Nature is vanishing at an alarming rate, with the planet losing vast areas of tropical forest every minute and wildlife populations plummeting. The upcoming 16th UN Biodiversity Conference (COP16) in Cali, Colombia, is a critical platform for addressing these crises. Nations will
Overview of Global Trust Levels According to GlobeScan’s Radar survey of over 30,000 people across 30 countries, there is a notable trust deficit for businesses. Contrary to common perceptions, businesses are not the most trusted institutions; instead, they lag behind entities like scientific bodies and NGOs. Measuring Thick Trust Since
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
