Key Impact Points: EU Charts a Realistic Course to Climate Neutrality The European Commission has proposed a major amendment to the EU Climate Law, introducing a legally binding 2040 target of reducing net greenhouse gas emissions by 90% compared to 1990 levels. The proposal builds on the existing 2030 target
Key Impact Points EU-Backed SDG Outcomes Fund Hits $100 Million Target The SDG Outcomes Fund, developed by UBS Optimus Foundation and Bridges Outcomes Partnerships, has reached its $100 million target with an anchor commitment from the European Union via the European Investment Bank (EIB), backed by the ACP Trust Fund.
Key Impact Points: Global Financing Framework Takes Shape in Sevilla World leaders gathered in Sevilla for the Fourth International Conference on Financing for Development (FFD4) and adopted the Sevilla Commitment (Compromiso de Sevilla) — a new global framework to address mounting development challenges, close the $4 trillion SDG financing gap,
Key Impact Points: Von der Leyen’s Support for Anti-Greenwashing Law Reaffirmed European Commission President Ursula von der Leyen never intended to kill the proposed Green Claims Directive, a Commission official said Tuesday, reversing previous comments from the EU executive just days earlier. “The president’s support for the Green Claims has
Key Impact Points: Scaling Nature Investments and Conservation The World Bank Group (WBG) is advancing sustainable development by integrating nature into economic policy and development planning. In fiscal year 2024, projects in the active portfolio brought approximately 45 million hectares of landscapes and seascapes under enhanced conservation or management. This
Key Impact Points: Groundbreaking Guidance for the Insurance Sector As part of London Climate Action Week, the UNEP Principles for Sustainable Insurance (PSI) Working Group for Nature unveiled a foundational report titled Rooted in Risk: Framing nature-related assessments for insurers. This marks the first release in a new series aimed
Key Impact Points: UN Calls on Financial Sector to Back Ocean Health The ocean remains severely underfinanced despite being critical to the global economy, climate stability, and biodiversity. At the third UN Ocean Conference (UNOC3), UNEP FI and partners issued a call to action for financial institutions to align capital
Key Impact Points: Landmark Coalition to Scale Voluntary Carbon Markets The Governments of Kenya, Singapore, and the United Kingdom have launched the Coalition to Grow Carbon Markets—the first government-led initiative aimed at restoring and scaling private sector demand for high-integrity carbon credits. Announced during London Climate Action Week, the coalition
Key Impact Points: GRI Introduces Climate Change and Energy Standards to Drive Action The Global Reporting Initiative (GRI) has released its Climate Change and Energy Standards—GRI 102 and GRI 103—to enhance corporate accountability on climate impacts and provide globally aligned, decision-useful disclosure tools. Announced during London Climate Action Week, the
Key Impact Points: UN Launches Regional Hub to Drive Private-Sector Sustainability The UN Global Compact has officially launched its Country Network for Central Asia, a new regional hub based in Kazakhstan that will serve five countries — Kazakhstan, Kyrgyzstan, Uzbekistan, Tajikistan, and Turkmenistan. This milestone aims to integrate over 140
