COP29, held in Baku, Azerbaijan, concluded after intense negotiations. While the summit delivered key agreements, divisions and frustrations underscored the challenges of addressing the global climate crisis. Here’s a comprehensive...
A contested proposal The Azerbaijani presidency at COP29 revealed a draft plan urging wealthy nations to lead a $250 billion annual financing initiative by 2035. This figure, termed the “new...
Bolivia’s $5 Billion Carbon Credit Plan Bolivia is set to sell $5 billion worth of carbon offset credits to tackle rampant deforestation and achieve its goal of halting forest loss...
Released during COP29, Deloitte’s report, Turning Point: Feeding the World Sustainably, details the economic and social benefits of transforming global food production. The analysis highlights that addressing undernourishment, feeding a...
At COP29, the Multilateral Climate Funds (MCFs)—comprising the Green Climate Fund (GCF), the Adaptation Fund, the Climate Investment Funds (CIF), and the Global Environment Facility (GEF)—announced the launch of the...
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...
Prime Minister Keir Starmer, speaking at COP29 in Baku, Azerbaijan, declared the UK’s intensified commitment to lead in the global clean energy transition. “Our mission to make Britain a clean...
The United Arab Emirates (UAE) has announced an ambitious climate plan ahead of next week’s COP29 climate summit in Azerbaijan, becoming the first major emitter to submit updated Nationally Determined...
COP29, the 29th UN Climate Change Conference, is scheduled to take place from November 11 to 22, 2024, in Baku, Azerbaijan. This pivotal event will convene global leaders, policymakers, industry...
Azerbaijan Sets Stage for Unified Green Investment Standards As the host of COP29, Azerbaijan will unveil a global green investment rulebook aimed at guiding sustainable investments with principles agreed upon...
Follow ESG News on LinkedIn This week’s header image is the biodiversity stripes. Similar to the climate stripes, it visually represents how biodiversity has collapsed in the last 50 years....
Sustainability for All In a bid to promote sustainable development and uphold environmental commitments, the COP29 Azerbaijan Operating Company is launching an online sustainability training program. Crafted by experts from...
UAE’s Climate Ambition The United Arab Emirates plans to release its new national climate plan under the Paris Agreement ahead of the COP29 climate summit in November, setting a precedent...
Climate Week NYC, an annual gathering of climate leaders, is now taking center stage over the United Nations Climate Change Conference (COP). The event, running through Sunday in Manhattan, has...
More than 530 financial institutions, managing over $29 trillion in assets, are pressuring governments worldwide to take decisive action on the climate crisis. In a joint statement ahead of COP29,...
A carbon-free global economy requires the phase-out of fossil fuel subsidies. That’s why the Glasgow Climate Summit in 2021 agreed to phase out inefficient fossil fuel subsidies, on the back...
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...
L&T expands sustainable financing portfolio Indian multinational Larsen & Toubro (L&T) has secured a $700 million Sustainability-Linked Trade Facility (SLTF) with Standard Chartered, advancing its access to capital tied to...
In this week’s ESG News Week In Review: China announced its first absolute emissions cut target for 2035, while the EU delayed supply chain deforestation rules by a year. California...
Oxford spin-out attracts global capital OXCCU, a University of Oxford spin-out developing sustainable aviation fuel from waste carbon, has raised $28 million in an oversubscribed Series B round. The financing...
Amsterdam bets on flexible carbon capture Dutch climate tech company Brineworks has raised €6.8 million (US $7.3 million) in fresh funding to advance a new form of Direct Air Capture...
Toronto is set to host its first-ever Toronto Climate Week (TOCW) from October 1–3, 2025, a grassroots initiative designed to unite climate action with culture, innovation, and community. The event...
Shipping and logistics giants DHL Global Forwarding and Hapag-Lloyd have deepened their collaboration on decarbonization, signing a three-year framework agreement that expands the use of sustainable marine fuels across Hapag-Lloyd’s...
Brussels Pushes Back Deadline The European Commission will delay implementation of the EU’s landmark deforestation law by another year, citing fears that its digital infrastructure cannot handle the compliance load....
Sacramento sets scope for sweeping disclosure regime California regulators have published a list of more than 4,000 companies that must begin disclosing greenhouse gas emissions and climate-related financial risks under...
Levi Strauss pushes renewable energy deeper into its supply chain Levi Strauss & Co. has unveiled a new initiative with Schneider Electric to accelerate renewable energy adoption among its supply...
Brussels Pushes Forward on SME Reporting Infrastructure The European Financial Reporting Advisory Group (EFRAG) has published two reports cataloguing more than 320 digital tools and platforms designed to help small...
Technology Enters Procurement’s Carbon Blind Spot Watershed has introduced a new AI-powered tool aimed at one of the most persistent challenges in corporate climate strategies: measuring and reducing Scope 3...
The PRI Awards 2025 celebrated innovation and impact across six main categories — nature, climate, human rights, responsible investment strategy, system stewardship, and communication — alongside three special awards. More...
Dallas Announcement Sets New Direction Frontier Infrastructure Holdings LLC has launched what it calls the first full-scale carbon management platform tailored for North America’s ethanol sector. In partnership with bioenergy...
London greenlights flagship CCS contracts Britain has signed contracts for two commercial-scale carbon capture and storage (CCS) projects, a step aimed at curbing emissions from some of the country’s most...