The Reserve Bank of India (RBI) has been advised to strengthen its climate risk framework by balancing global best practices with domestic realities, according to a new report by the...
Paris and Luxembourg: Europe’s Energy Transition Gains Grid Backbone EDF and the European Investment Bank (EIB) have formalized a €500 million ($540 million) loan agreement to strengthen and modernize France’s...
The global food system is under strain. Extreme weather is cutting into productivity, while agriculture itself remains a major source of greenhouse gases. Addressing these twin challenges requires scaling technologies...
• Jupiter Intelligence’s New platform enhancements calculate ROI on adaptation strategies• Trusted by 25% of the world’s largest financial institutions• Enables entity-level modeling, regulatory compliance, and portfolio planning Jupiter Sets...
A coalition of eight countries — France, Spain, Kenya, Barbados, Somalia, Benin, Sierra Leone, and Antigua & Barbuda — has launched a global initiative to tax premium air travel and...
The Climate Investment Funds (CIF) board has endorsed $143 million to drive nature-based solutions across Brazil, Kenya, and Africa’s Zambezi River Basin. This funding, part of CIF’s Nature, People, and...
The Green Climate Fund (GCF) announced $686.8 million in investments this week, contributing to $1.5 billion in climate action initiatives when combined with co-financing. The 11 approved projects will support...
Driving Collective Action at COP16 The OPEC Fund for International Development (OPEC Fund) will actively contribute to global discussions on combating desertification and restoring degraded land at COP16, hosted in...
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...
The European Investment Bank (EIB) Board has approved €5.3 billion in financing to boost climate resilience and bolster business competitiveness. This investment will support cities, businesses, and communities in Europe...
The U.S. Environmental Protection Agency released its 2024-2027 Climate Adaptation Plan, which describes agency actions to address the impacts of climate change and help build a more climate-resilient nation. The...
Five First Place Winners Selected from Thousands of Global Photo Submissions Surrounding the Celebration’s 2024 Theme “Awaken New Depths” The winners of the eleventh annual Photo Competition for United Nations...
A staff team from the International Monetary Fund (IMF) led by Charalambos Tsangarides, IMF mission chief for Tanzania, held meetings in Dodoma and Dar es Salaam from May 2 to...
Aligned with United Nations SDG 11, IBM announced a new request for proposals from government and non-profit organizations for the IBM Sustainability Accelerator, focused on technology-driven projects to advance city resiliency. IBM...
In a continued effort to address the global climate crisis, the Arab Coordination Group (ACG), a strategic alliance of regional and international development institutions, announced at COP 28 in Dubai,...
With an ambitious financing package announced at COP28, the World Bank Group is helping people in developing countries better withstand the devastation of climate change and create a better world...
Urgent action on climate can help Azerbaijan minimize the risks emerging from the global low-carbon transition and protect the living standards of its people, says the World Bank Group’s Azerbaijan Country Climate...
Finance Secretary Benjamin E. Diokno and World Bank Country Director for the Philippines Ndiamé Diop signed four (4) loan agreements amounting to US$1.14 billion on June 26, 2023 at the...
The World Bank has approved US$250 million in financing to improve the efficiency of water services in Jordan through the rehabilitation of water distribution networks, improving energy efficiency and strengthening...
The World Bank’s Board of Executive Directors approved a $150 million Development Policy Loan (DPL) for Panama, which will contribute to fostering low emission and sustainable growth while supporting enhanced...
Expanding the Carbon Removal Rulebook The Integrity Council for the Voluntary Carbon Market (ICVCM) has approved a new suite of methodologies for engineered carbon dioxide removal (CDR), strengthening governance of...
A Life Devoted to Nature Dr Jane Goodall, the world’s most renowned primatologist and conservationist, died Wednesday at 91 while on a speaking tour in California, the Jane Goodall Institute...
A growing sovereign green bond market The Hong Kong Special Administrative Region has released its Green Bond Report 2025, providing a detailed account of how HK$240 billion (US$31 billion) in...
European businesses call sustainability a competitiveness issue A new survey of more than 2,500 senior executives across France, Germany, Italy, Spain and Poland reveals broad support for binding corporate sustainability...
Asia-Pacific Leaders Advance ESG Integration On the sidelines of UN General Assembly week, the United Nations Global Compact convened senior business leaders from Asia and Oceania for a closed-door Leadership...
Quality over Quantity Defines Luxury’s Next Phase The global luxury sector is navigating slowing demand, shifting consumer expectations, and a changing definition of value. According to the first EY Luxury...
New Capital for Expanding Energy Transition Services Nuveen has acquired a majority interest in Ally Energy Solutions, a U.S. provider of turnkey power and efficiency upgrades for commercial and industrial...
A Strategic Carve-Out in Solar TotalEnergies has sold a 50% stake in a 1.4 gigawatt (GW) solar portfolio across the United States to insurance vehicles and funds managed by KKR,...
Baton Rouge bets on carbon removal ExxonMobil has been selected to transport and permanently store carbon dioxide captured at AtmosClear’s planned biomass energy facility at the Port of Greater Baton...
New Pathways for Automotive Waste Porsche AG, BASF SE and Austrian technology firm BEST Bioenergy and Sustainable Technologies GmbH have completed a pilot project demonstrating the chemical recycling of complex...
A New Benchmark for Corporate Climate Expertise The Science Based Targets initiative (SBTi) has established the world’s first official register of certified experts qualified to guide companies through the complexities...
Oslo steps into global transition capital markets Norges Bank Investment Management (NBIM), manager of Norway’s $1.6 trillion sovereign wealth fund, has committed $1.5 billion to Brookfield Asset Management’s Global Transition...
Jakarta’s Waste Crisis Spurs New Energy Push Indonesia’s sovereign wealth fund, Danantara Indonesia, will roll out at least eight waste-to-energy plants by the end of October as part of a...
Brussels signs off on CBAM reform The Council of the European Union has adopted a regulation simplifying the bloc’s carbon border adjustment mechanism (CBAM), an instrument designed to prevent carbon...
Cyprus Decision Marks Next Phase Meeting in Europe’s most water-scarce country, the European Investment Bank (EIB) Group’s Board has adopted the second phase of its Climate Bank Roadmap, committing to...
Toronto’s first Climate Week is bringing together investors, business leaders, policymakers, and innovators to explore how climate action is reshaping markets and creating new opportunities. With dozens of sessions happening...
Regulatory Uncertainty Meets Investor Demands 2025 is proving to be a pivotal year for corporate sustainability disclosures. Thousands of companies have filed reports under the European Union’s Corporate Sustainability Reporting...
IBM is moving to address one of the persistent bottlenecks in corporate climate reporting: the accuracy and usability of greenhouse gas (GHG) emissions data. The company has introduced the Envizi...
Sarawak bets on hybrid clean power Malaysia’s Sarawak state has secured one of its largest private renewable energy investments with Founder Group Limited and Planet QEOS Sdn. Bhd. committing MYR1.16...
Record Commitments from Berlin Berlin has confirmed it provided €11.8 billion ($13.81 billion) in international climate finance during 2024, a record outlay designed to strengthen developing countries’ ability to respond...