Bahamas Unlocks $124 Million for Ocean Protection via Debt Swap
Bahamas secured $124 million for ocean conservation through a debt swap financed by Standard Chartered and private sector backing. First new-generation debt swap involving private sector guarantees and insurance, expanding capital pools for such deals. Funds allocated to restore mangroves, manage 6.8 million hectares of marine protected areas, and protect the entire Bahamian ocean area. […]
ADB Approves $500 Million Climate Finance Loan to Boost Philippines’ Climate Action
The Asian Development Bank (ADB) has approved a $500 million loan to support the Philippines’ climate change efforts. The program accelerates reforms in key sectors towards climate-resilient and low-carbon pathways. The initiative aims to mobilize $10 billion in climate finance to implement the country’s climate commitments. What’s happening: The ADB has approved a $500 million […]
Britain to Consult on EV Transition, Reaffirms 2030 Petrol and Diesel Phase-Out
Britain will launch a consultation on its zero-emission vehicle mandate. The government remains committed to ending new petrol and diesel car sales by 2030. Industry feedback will be incorporated to address transition challenges. What’s happening: The UK government is set to begin consultations on its zero-emission vehicle mandate, confirming the ambitious 2030 deadline for phasing […]
DBS, SMU Launch Programme to Equip Executives with Sustainable Finance Expertise
Singapore Management University (SMU) and DBS have partnered to launch “Sustainable Finance in Action,” a four-day programme aimed at senior executives. The initiative addresses Asia’s urgent need for green finance expertise by combining academic insights with practical applications. Participants will explore strategies in green, transition, blended, and biodiversity financing to drive sustainable growth within their […]
SGS Launches Three Services to Enhance CSRD Compliance and ESG Reporting
Key Takeaways: Introducing CSRD Pre-Assurance, ESG Report Assurance, and ESG KPI Verification services. Empowering organizations to meet evolving ESG reporting standards with confidence. Minimizing risks and building stakeholder trust through precise and transparent disclosures. SGS has unveiled three essential services designed to support organizations in complying with the Corporate Sustainability Reporting Directive (CSRD) and advancing […]
