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Category: Global News
At COP29 in Azerbaijan, a significant early pledge emerged as major development banks, including the World Bank, committed to raising climate finance to $120 billion annually by 2030. This figure...
Amazon.com and IKEA, prominent members of the Zero Emissions Maritime Buyers Alliance (ZEMBA), are intensifying their efforts to decarbonize ocean shipping by preparing for a major tender to launch in...
Cape Town, South Africa, served as the vibrant backdrop for the 2024 Earthshot Prize, where five remarkable winners were announced at a star-studded event hosted by Billy Porter and Bonang...
In a significant environmental milestone, net GHG emissions across the EU dropped by 8.3% in 2023, according to a new report by the European Commission. This decrease represents one of...
The Science Based Targets Network (SBTN) has announced that Kering, GSK, and Holcim are the first companies to publicly adopt science-based targets for nature, addressing freshwater and land. These actions...
Morgan Stanley has revised its 2030 climate targets, setting sector-specific emissions reductions within a 1.5–1.7°C warming limit. This range acknowledges global challenges in meeting the 1.5°C target of the Paris...
The UN-backed Net-Zero Asset Owner Alliance (NZAOA) reported a record $175 billion investment in climate-focused solutions by its members in 2023, marking a nearly 38% jump from the previous year’s...
Key Impact Points: The Taskforce on Nature-related Financial Disclosures (TNFD) announced at COP16 in Cali, Colombia, that over 500 organizations have committed to aligning their risk management and corporate reporting...
Key Impact Points: Business momentum in measuring nature and biodiversity impacts is accelerating, according to CDP’s latest data. This progress comes as global leaders convene for COP16 in Colombia to...
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