Multilateral Climate Funds Launch AI-Powered Climate Project Explorer at COP29
Unified Climate Data Access: The Climate Project Explorer consolidates nearly 4,000 climate projects funded by four major climate funds into a single, searchable platform. Enhanced Knowledge Sharing: AI-powered search and filtering options enable stakeholders to discover key information, fostering collaboration and best practices. Improved Access to Climate Finance: The tool aims to strengthen access to […]
Ikea Invests €1.5 Billion to Phase Out Fossil Fuels by 2030
Ingka Group commits €1.5 billion to eliminate direct fossil fuel use. Targets an 85% reduction in climate footprint from own operations by 2030 (2016 baseline). Investment focuses on energy efficiency and renewable heating and cooling technologies. Ingka Group, the largest IKEA retailer, is investing €1.5 billion to accelerate its transition away from fossil fuels. This […]
GEFI Names Former ESG Chief of Abrdn Amanda Young as Senior Advisor
Amanda Young appointed Senior Advisor at GEFI after departing Abrdn. Departure followed cost-cutting and overhaul of Abrdn’s sustainability team. Young aims to advance sustainable finance through GEFI’s mission. Amanda Young, former Chief Sustainability Officer at Abrdn, has joined the Global Ethical Finance Initiative (GEFI) as a Senior Advisor. With over a decade of experience in […]
Clorox Partners with Carbon Tracker Manufacture 2030 to Decarbonize Supply Chain
Clorox teams up with Manufacture 2030 (M2030) to help suppliers meet carbon reduction targets. The initiative targets suppliers representing over half of Clorox’s scope 3 emissions. Suppliers will use M2030’s platform to measure, manage, and share emissions reduction progress. Clorox Company has announced a strategic partnership with carbon tracking platform Manufacture 2030 (M2030) to advance […]
$789 Billion Green Finance Opportunity Awaits SMEs, ICC And Sage Report Reveals
ICC, Sage Report: Only 2.8% of SMEs have accessed green finance, leaving a $789 billion opportunity untapped. Simplifying sustainability reporting can unlock significant funding and accelerate climate action among SMEs. SMEs with sustainable finance are 2.5 times more likely to implement major sustainability initiatives. The International Chamber of Commerce (ICC) and Sage have released a […]
