Ingka Group, the retail giant behind IKEA, has unveiled a bold Net Zero Transition Plan aimed at reducing its carbon emissions by 50% by 2030. The plan, which aligns with the Paris Agreement’s 1.5°C target, sets out a detailed roadmap for decarbonizing its operations and value chain by FY30, with the goal of reaching net […]
Continue ReadingThe 11th High-Level Dialogue between the EU and Mexico took place last week, where senior officials from both sides agreed to continue their cooperation on tackling the interdependent global challenges of climate change, pollution and biodiversity loss. Discussions covered carbon pricing, industrial decarbonisation, increased climate ambition through updates of the respective Nationally Determined Contributions (NDCs) […]
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Moody’s Forecasts Global Sustainable Bond Issuance to Reach $1 Trillion in 2025 Amid Growing Challenges According to Moody’s, global sustainable bond issuance is set to reach $1 trillion in 2025, maintaining the momentum established in 2024. This growth is primarily driven by the urgent need for financing climate mitigation and adaptation, as well as increasing […]
Continue ReadingOn the Colombian side, the meeting was led by Adriana Mendoza, Director of Economic, Social and Environmental Affairs of the Ministry of Foreign Affairs in charge of the Office of the Foreign Affairs Ministry, Lilia Tatiana Roa Avendaño, Deputy Minister of Environmental Land Management; Patricia Cortés, Director of Europe of the Ministry of Foreign Affairs, María […]
Continue ReadingDouglas Sheil, Forest Ecology and Forest Management Chair Group, Wageningen University and Research, The Netherlands, discusses his article: A simple competition model can predict rainforest tree diversity, species abundance and ecosystem functions Many tropical forests are remarkably diverse, often supporting hundreds of tree species in just a few hectares. But how can so many species […]
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Caisse des Dépôts, the institution overseeing France’s €15.48 billion public sector pension fund, Ircantec, has made a significant move in sustainable finance by awarding a $1.8 billion equity mandate. The agreement, signed in December 2024, entrusts Nomura Asset Management with managing a customized sustainable equity fund that will focus on companies with a high positive […]
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Hydrostor, a pioneering company in long-duration energy storage, has secured $200 million in funding to scale its Advanced Compressed Air Energy Storage (A-CAES) technology, with major backing from Canada Growth Fund Inc. (CGF), Goldman Sachs Alternatives, and the Canada Pension Plan Investment Board (CPP Investments). Funding Breakdown: The investment consists of a $150 million USD […]
Continue ReadingPresident von der Leyen tasked all Commissioners to meet with young people in the first 100 days of the new mandate, to hear their concerns and questions firsthand. Youth concerns take centre stage For his Dialogue, the Commissioner met with 20 young participants from across Europe for a two-hour discussion. Each participant came well prepared […]
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A coalition of asset owners managing over $1.5 trillion in assets has unveiled a new set of guidelines to improve alignment between asset owners and managers on climate stewardship. The initiative includes major institutional investors from the UK, Europe, the US, and Australia, such as Scottish Widows, Phoenix, Aegon, Nest, and Australian Ethical Investment. A […]
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A significant collaboration between BNP Paribas and the European Investment Bank (EIB) is set to drive €8 billion in investments into wind energy projects across the European Union. This landmark partnership aims to accelerate the growth of wind power, enhance supply chains, and boost grid integration in line with the EU’s renewable energy targets. Strategic […]
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