Category: CSR/ECO/ESG

BNP Paribas Launches $500M Sustainable Forestry Fund to Drive Climate Action and Biodiversity

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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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£1.3 Million Worth of Recycling Equipment Stolen from QC Polymer Plant Ahead of Auction

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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 […]

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COP29: Joint Press Release on 1.5°C-Aligned Ambition in NDCs Toward Net Zero

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European 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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BlackRock, Block, and Partners Drive $200M Investment in Sustainable Aviation Fuel in a Bid to Decarbonize Aviation

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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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GAIA Launches $1.48 Billion Platform to Reduce Sustainable Climate Finance Gaps in Vulnerable Regions

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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 […]

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🏆Eminent Ecologist 2024: Fernando T. Maestre (part II: biotic interactions)

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The 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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SEC Fines Invesco $17.5 Million for Misleading ESG Claims: What This Means for the Future of ESG Investing

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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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U.S. Faces Water Supply Crisis as Reservoirs Near Historic Low Levels, New York City Feeling the Impact

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The United States is grappling with a water supply crisis as reservoir levels across the country, including those supplying New York City, continue to reach near record lows due to months of unusually dry conditions and prolonged droughts. This severe water shortage is exacerbating the country’s ongoing climate challenges, impacting agriculture, hydropower production, and drinking […]

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Over 40 Million People Under Red Flag Warnings in the Northeast Due to Elevated Fire Danger

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As the fire risk remains high, more than 40 million people across eight states in the U.S. Northeast are now under Red Flag Warnings. The warnings, issued by the National Weather Service (NWS), highlight the elevated danger of wildfires due to a combination of dry conditions, high winds, and low humidity levels. Key Weather Conditions […]

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New York City Pension Fund Joins $9.5 Trillion Net-Zero Alliance, Strengthening Global Climate Action Efforts

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In a landmark move that underscores the growing momentum towards climate action in financial markets, the New York City Pension Fund has joined the Net-Zero Asset Owner Alliance, a global coalition committed to achieving net-zero greenhouse gas emissions by 2050. This alliance, which collectively manages more than $9.5 trillion in assets, is focused on aligning […]

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