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Tag: Climate Transition
Key Impact Points: Colombia is in discussions with Germany for a debt-for-nature swap to support its ambitious $40 billion plan to transition from fossil fuels and enhance environmental conservation. Foreign...
Key Impact Points: The Asian Infrastructure Investment Bank (AIIB) has announced a significant commitment of $100 million toward climate transition investments in emerging Asia. This includes $75 million allocated to...
Key Impact Points: Colombia has launched a $40 billion investment portfolio aimed at catalyzing its transition from fossil fuels and adapting to climate change impacts, confirmed by an environment ministry...
In the comprehensive report titled “Citi’s Approach to Climate Change and Net Zero” released on March 28, 2024, by Citi under the stewardship of Chief Executive Officer Jane Fraser, the...
Skanska has issued green bonds worth approximately SEK 4.5 billion to finance sustainable commercial real estate projects and other investments for climate transition. The issue generated substantial interest, attracting bids from around...
The Monetary Authority of Singapore (MAS) issued a set of consultation papers proposing guidelines on transition planning by banks, insurers and asset managers to enable the global transition to a...
Howden announces the creation of Howden Climate Parametrics, a global practice that brings together (re)insurance, climate, and data expertise to focus parametric risk transfer solutions on meeting the escalating demand...
The year of new ESG frameworks and standards continues, and I am beginning to wonder if the ‘alphabet soup’ is re-thickening. This week, The UK’s Transition Plan Taskforce (TPT) released...
ING has published its annual Climate Report. This report explains how their financing impacts climate change, as well as how climate change impacts their business. It includes their progress on...
Norway’s $1.4 trillion sovereign wealth fund, the world’s largest, has tightened its climate risk demands on companies it invests in. The fund, which pools the Norwegian state’s revenues from oil...
The Rockefeller Foundation announced that it will invest over USD 1 billion over the next five years to advance the global climate transition and help ensure everyone can participate in...
Spain will receive almost €869 million from the Just Transition Fund (JTF) following the adoption of the Just Transition Programme and its Territorial Just Transition Plan (TJTP). The funding will help the...
The Commission has adopted the Territorial Just Transition Plan (TJTP) for Slovakia setting the strategy for the investment of €459 million allocated to the country from the Just Transition Fund (JTF). These funds will...
Grants will support Czechia’s efforts to phase out coal-fired power by 2033 Targeted assistance aimed at regions that employ 21,000 people in coal and chemicals industry “We will make sure...
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