Key Impact Points: A High-Stakes COP29 Drama Negotiations at COP29 in Azerbaijan teetered on the brink of collapse as tensions boiled over during closed-door talks. Food shortages and rising frustrations pushed representatives of the most vulnerable nations, including island states, to walk out of discussions. While brinkmanship is common at
PVBLIC Foundation is proud to share that today the Development Bank for Resilient Prosperity (DBRP) was officially unveiled at The University of the West Indies (UWI) in Jamaica. Executive Chairman of the PVBLIC Foundation Sergio Fernandez de Cordova, emphasized that “Today is a turning point in history. It marks the
Key Impact Points: As catastrophic climate events intensify, the insurance sector faces existential threats, including skyrocketing premiums and solvency concerns. Traditional models fall short of addressing these evolving risks, underscoring the urgent need for transformation. The Growing Climate Challenge for Insurers Ceres’ 10-Point Plan offers actionable strategies to address these
Key Impact Points G20 Leaders Push for Trillions in Climate Finance Meeting in Rio de Janeiro, G20 leaders emphasized the urgency of scaling up climate finance to support global efforts to combat climate change. The leaders stopped short of directly addressing the fossil fuel phase-out but acknowledged the importance of
Key Impact Points: Financing the Low-Carbon Shift in Real Estate The real estate sector must bridge a significant funding gap to align with net zero goals at a necessary pace and scale. According to JLL Research 2024 and BloombergNEF, this transition is not solely about capital but leveraging debt to
Key Impact Points: UN Highlights Climate Finance Urgency at COP29 The 12th Annual High-Level Meeting of the Caring for Climate initiative, hosted by the UN Global Compact alongside UNEP and UNFCCC, took place at COP29 in Baku. The meeting convened top leaders from sectors spanning business, finance, government, civil society,
Key Impact Points: The Start of COP29: Urgency for Climate Finance The UN’s COP29 kicked off this past Monday in Baku, Azerbaijan, against the backdrop of a year marked by unprecedented heatwaves, wildfires, floods, and hurricanes. Dubbed the “climate finance COP,” the summit aims to secure financial commitments to support
By Nikos Avlonas, President of the Center for Sustainability and Excellence (CSE) The prospect of Donald Trump’s return to the U.S. presidency in 2025 has sparked discussions about how his policies might impact sustainable development and climate action in the US and globally. During his previous term, Trump pulled the
Key Impact Points: The Role of Finance at COP29 Azerbaijan is set to host COP29, the latest UN climate negotiations. This pivotal summit will spotlight climate finance as a cornerstone for achieving global warming targets of 1.5 degrees Celsius and protecting communities from ongoing climate impacts. Why it matters: To
Key Points: Baku Takes Center Stage for COP29 Azerbaijan is set to host COP29, making it the focal point of climate action discussions for the next two weeks. This event marks another pivotal moment for addressing climate change as world leaders, top financiers, and industry experts converge in Baku to
