BP, Equinor, Shell, and TotalEnergies have announced a combined commitment of $500 million to support the United Nations Sustainable Development Goal 7 (UN SDG7), which strives for universal access to...
At COP29 in Baku, the COP29 Presidency launched the Baku Call on Climate Action for Peace, Relief, and Recovery (BCCAP), a milestone initiative aimed at addressing the critical intersection of...
Singapore has joined the European Union (EU) and China in presenting the Multi-Jurisdiction Common Ground Taxonomy (M-CGT), a significant step towards harmonizing sustainable finance taxonomies across the three regions. Developed...
The Inter-American Development Bank (IDB) and its private sector arm, IDB Invest, are accelerating their climate and environmental sustainability efforts across Latin America and the Caribbean. By 2030, they plan...
What’s New For the first time, JPMorgan Chase, the United States’ largest lender, has disclosed its Energy Supply Financing Ratio, revealing that it provided $1.29 in financing to green energy...
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...
Trafigura Group Pte Ltd, a global leader in commodities, and GenZero, a decarbonization-focused investment platform owned by Temasek, have committed over $100 million USD to expand the Brújula Verde landscape...
The Asian Development Bank (ADB) is set to expand its climate-related lending by $7.2 billion, thanks to sovereign guarantees from the United States and Japan. This move, unprecedented in climate...
The Monetary Authority of Singapore (MAS) announced several green finance and capital market initiatives at the 20th Joint Council for Bilateral Cooperation (JCBC) meeting, co-chaired by Singapore’s Deputy Prime Minister...
RBC Global Asset Management Inc. has announced that the RBC Canadian Core Real Estate Fund (the Fund) reached a new milestone with its fifth major transaction since its inception in...
The European Insurance and Occupational Pensions Authority (EIOPA) has released its final report on the prudential treatment of sustainability risks under Solvency II, recommending increased capital requirements for insurers holding...
Mizuho Bank, Ltd., led by President & CEO Masahiko Kato, has entered into a strategic partnership with Pollination Global Holdings Limited, founded by CEO Martijn Wilder AM, to bolster clients’...
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...
Marsh, a world leader in insurance brokering and risk advisory, and We2Sure, a specialist in carbon credit insurance solutions, have introduced an innovative insurance facility to protect businesses across the...
The Isle of Man, a self-governing Crown Dependency in the Irish Sea, is positioning its future as a leading jurisdiction for responsible investment and green financial initiatives with the launch...
Follow ESG News on Linkedin The European Investment Bank (EIB) and Cassa Depositi e Prestiti (CDP) have expanded their partnership, signing an agreement aimed at accelerating sustainable development in Italy’s public...
Follow ESG News on Linkedin The Federal Republic of Germany has appointed DZ BANK AG and Deutsche Bank as joint ESG coordinators for a planned update to its Green Bond Framework,...
Follow ESG News on Linkedin BBVA has reached a remarkable milestone in sustainable finance, channeling €71 billion into sustainable business initiatives from January to September 2024. The bank’s significant growth represents...