The European Commission has successfully raised €7 billion through a landmark dual-tranche bond issuance, demonstrating overwhelming investor confidence with oversubscription rates of 17x for the 7-year bond and 27x for the 18-year green bond. This highly successful transaction moves the EU closer to its €65 billion funding target for the second half of 2024 and […]
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At COP29 in Azerbaijan, tourism made history by being officially included in the U.N. Climate Change Conference Action Agenda for the first time, marking a pivotal moment for the industry’s role in combating climate change. This major achievement, announced on Wednesday, comes with the signing of a global declaration by over 50 governments, pledging to […]
Continue ReadingThe Journal of Ecology Editors are delighted to announce that Fernando Maestre is our Eminent Ecologist award winner for 2024! In recognition of his work, we asked Fernando to put together a virtual issue of some of his favourite contributions to the journal. Fernando has also written this blog series, and was interviewed by Richard Bardgett about about how he started his career in ecology, […]
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BNP Paribas Asset Management has launched the BNP Paribas Future Forest Fund, a $500 million sustainable forestry initiative aimed at balancing profitable timber investments with climate resilience and biodiversity preservation. Developed in collaboration with the International Woodland Company (IWC), this fund targets certified sustainable timber assets across key markets, including the U.S., Australia, New Zealand, […]
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In a shocking turn of events, £1.3 million worth of specialist recycling equipment was stolen from the QC Polymer recycling plant just days before the assets were set to be auctioned. The theft occurred on November 6, 2024, only a day before a public viewing of the equipment, which was to include advanced machinery used […]
Continue ReadingEuropean Commissioner for Climate Action Wopke Hoekstra convened a press conference with representatives of like-minded ambitious countries to underscore their commitment to delivering on NDCs that are aligned with a 1.5°C trajectory.Juan Carlos Monterrey Gomez, Panama’s Special Representative for Climate Change, Tore O. Sandvik, Norway’s Minister of Climate and Environment, Albert Rösti, Switzerland’s Minister of […]
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In an ambitious move to combat climate change and reduce aviation emissions, a coalition of major global companies, including BlackRock Inc., Block Inc., Ripple, and Samsara Inc., has collectively invested $200 million in the development of Sustainable Aviation Fuel (SAF). This funding will supply 50 million gallons of SAF to Alaska Airlines, a key step […]
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In a bold step toward closing the climate finance gap in vulnerable regions, the GAIA platform has been launched with a substantial $1.48 billion commitment. Co-founded by FinDev Canada, MUFG Bank, and the Green Climate Fund (GCF), this groundbreaking initiative aims to tackle the growing financing challenges faced by developing countries, particularly those in Latin […]
Continue ReadingThe Journal of Ecology Editors are delighted to announce that Fernando Maestre is our Eminent Ecologist award winner for 2024! In recognition of his work, we asked Fernando to put together a virtual issue of some of his favourite contributions to the journal. Fernando has also written this blog series, and was interviewed by Richard Bardgett about about how he started his career in ecology, […]
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In a landmark enforcement action, the U.S. Securities and Exchange Commission (SEC) has fined investment management giant Invesco $17.5 million for making misleading claims regarding the environmental, social, and governance (ESG) characteristics of some of its mutual funds and exchange-traded funds (ETFs). The penalty underscores growing scrutiny in the ESG investment space and serves as […]
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