Conflict-Affected Nations Push for $20 Billion in Climate Aid at COP29, Letter Reveals
Fragile countries demand doubling climate finance to over $20 billion annually by 2026. New ‘Network of Climate-vulnerable Countries’ launched to advocate for increased support. Conflict-affected nations struggle to access private investment, relying heavily on UN funds. A group of conflict-affected countries is pushing at COP29 to double financial aid to more than $20 billion a […]
COP29 Launches Baku Call to Address Climate, Conflict, and Humanitarian Crises
COP29 Presidency unveils the Baku Call on Climate Action for Peace, Relief, and Recovery to tackle the urgent nexus of climate change, conflict, and humanitarian needs. Establishes the Baku Climate and Peace Action Hub to coordinate peace-sensitive climate initiatives and support vulnerable countries affected by conflicts. An unprecedented collaboration between Global North and South countries, […]
ISO Launches Global ESG Implementation Principles at COP29
ISO introduces new ESG Implementation Principles to streamline ESG practices worldwide, aiding organizations of all sizes. The principles enhance reporting consistency, enabling clear communication of sustainability efforts globally. Developed with input from over 1,900 experts across 128 countries, aligning with UN Sustainable Development Goals. At COP29, the International Organization for Standardization (ISO) unveiled new ESG […]
Only 1 in 10 Companies Committed to 100% Renewable Energy Sourcing: CDP Report
Global Companies Lag in Renewable Energy Adoption, CDP Report Finds Nearly half of major companies use no renewable electricity. Only 1 in 10 companies have committed to 100% renewable energy sourcing. Less than 5% have set energy efficiency targets. A new report from non-profit CDP reveals that major global companies are falling short in their […]
Singapore Joins EU and China in Expanded Green Financing Taxonomy
Enhanced Interoperability: Singapore, the EU, and China unveil the Multi-Jurisdiction Common Ground Taxonomy (M-CGT), boosting cross-border green financing. Broader Green Activity Coverage: M-CGT now includes 110 economic activities across eight sectors, up from 72 activities in the previous taxonomy. Facilitating Green Capital Flows: The M-CGT aims to reduce fragmentation and lower costs, benefiting investors and […]
