Key Impact Points Overview The global sustainable debt market has hit an impressive USD 5.1 trillion in cumulative volume, marking a significant milestone as detailed in the Sustainable Debt Market Summary H1 2024 by Climate Bonds Initiative. This volume includes green, social, sustainability-linked bonds (SLBs), and transition bonds (collectively referred
Key Impact Points Progress in U.S.-China Climate Talks Amid Differences Despite ongoing tensions between the U.S. and China, climate collaboration continues to move forward. U.S. climate envoy John Podesta, speaking after talks with Chinese officials in Beijing, acknowledged the progress made this week but highlighted continued disagreements, particularly on climate
Latin America and Caribbean Finance Ministers Adopt Regional Vision for Sustainable Finance Key Impact Points Overview In a significant step towards supporting climate action and sustainable finance, the members of the Regional Climate Change Platform of Economy and Finance Ministries of Latin America and the Caribbean have adopted a new
Key Impact Points Overview TotalEnergies has signed a $100 million agreement with Anew Climate, a North American leader in climate solutions, and Aurora Sustainable Lands, a U.S.-based carbon-stewardship company, to support sustainable forest management projects across the U.S. These projects will span 300,000 hectares across 10 states, including Arkansas, Florida,
Key Impact Points Overview The United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), the UN Resident Coordinator Office (RCO), and the Agency for Securities Market Development of Tajikistan, in collaboration with Luxembourg Green Exchange, have launched a two-day training program focused on thematic bond issuance. The
Key Impact Points Overview The United Nations Development Programme (UNDP) is spearheading a comprehensive climate finance strategy for the Philippines, designed to address the country’s increasing need for financial solutions to combat climate change. This initiative, supported by the Climate Finance Network (CFN) and Accelerating Green and Climate Finance (AGCF)
Key Impact Points Overview China continues to expand its influence in global finance with the listing of a renminbi-denominated bond on the Frankfurt Stock Exchange. Issued by the Bank of China (BOC), this bond is the first of its kind to be listed in Frankfurt and is dedicated to funding
Key Impact Points Grasping EFRAG’s Draft Sustainability Reporting Standards For small and medium-sized enterprises (SMEs), understanding the European Financial Reporting Advisory Group’s (EFRAG) draft standards for sustainability reporting is essential. These standards, which mimic the stringent regulatory requirements of the financial sector and larger corporations, are more than just a
Key Impact Points: Marsh Unveils Groundbreaking Insurance Solution for CO2 Transport and Storage Marsh, a global leader in insurance brokering and risk advisory, has announced the launch of a first-of-its-kind insurance solution tailored specifically for the transportation and storage of carbon dioxide (CO2). This innovative solution is designed to address
Key Impact Points Enabling Transition Finance through Emissions Intensity Evaluation As global efforts to meet the Paris Agreement targets accelerate, the financial sector faces mounting pressure to direct capital toward low-carbon technologies and practices. Emerging economies like India require an estimated USD 2.5 trillion by 2030 to achieve their climate
