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US$67 Million in New GEF Funding to Power Frontline Environmental Action

US$67 Million in New GEF Funding to Power Frontline Environmental Action

New York, 18 December 2025 — A major financing package of US$67 million approved by the Global Environment Facility (GEF) is set to accelerate frontline environmental action in vulnerable ecosystems and communities across Africa, Asia Pacific, Latin America, and the Middle East and North Africa, with implementation support from the

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Tanzania Secures GEF Approval for Coastal Habitats and Blue Economy Project

Tanzania Secures GEF Approval for Coastal Habitats and Blue Economy Project

Tanzania has secured approval from the Global Environment Facility for a US$6 million initiative aimed at safeguarding some of the country’s most critical coastal and marine ecosystems, advancing a national effort to link climate resilience, biodiversity protection, and inclusive blue economy growth. The project targets the Tanga–Pemba Seascape, a stretch

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Canada to Launch Sustainable Investment Taxonomy Led by Climate Institute

Canada to Launch Sustainable Investment Taxonomy Led by Climate Institute

Canada has moved to formalize its approach to sustainable finance, announcing that it will launch a national sustainable investment taxonomy by the end of 2026, led by the Canadian Climate Institute. The initiative is intended to provide clear, science-based criteria for identifying “green” and “transition” investments, as the federal government

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Dutch Pension Fund PME Pulls €5bn From BlackRock Over Climate Alignment

Dutch Pension Fund PME Pulls €5bn From BlackRock Over Climate Alignment

Dutch pension fund PME has withdrawn a €5 billion equity mandate from BlackRock, marking the second major loss for the world’s largest asset manager in the Netherlands in recent months as European asset owners tighten expectations around climate alignment and stewardship. PME, which manages approximately €59 billion on behalf of

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Triodos Bank Unveils Strategy Linking Climate Action and Nature Protection

Triodos Bank Unveils Strategy Linking Climate Action and Nature Protection

Triodos Bank introduced its first integrated Climate and Nature Strategy on Monday, advancing a consolidated framework that ties emissions reduction, biodiversity protection and financial-sector reform into a single roadmap. The announcement comes on the heels of COP30 in Brazil, where governments failed to make progress on aligning climate and nature

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Green Impact Exchange (GIX) Appoints Maria Mahl as Chief Product Officer

Green Impact Exchange (GIX) Appoints Maria Mahl as Chief Product Officer

Green Impact Exchange (“GIX”), the nation’s 18th approved stock exchange and the only U.S. exchange dedicated exclusively to sustainable investments, today announced the appointment of Maria Mahl as Chief Product Officer and Executive Vice President. Mahl will lead the execution of GIX’s recently announced product roadmap, positioning the exchange to

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