World Leaders Reach Historic $300B Climate Finance Aid Deal for Developing Nations at COP29 Amid Tensions and Surprises

November 25, 2024Posted by adminLeave a Comment

In a dramatic and unexpected turn of events, world leaders at the United Nations Climate Change Conference (COP29) in Azerbaijan reached an agreement on a landmark climate finance deal, where developed nations committed to contributing $300 billion annually to help developing countries combat and adapt to the devastating effects of climate change. This deal, which […]

EU Approves New ESG Ratings Regulation to Enhance Transparency and Investor Confidence

November 25, 2024November 25, 2024Posted by adminLeave a Comment

In a major development for the global sustainable finance landscape, the Council of the European Union has approved a groundbreaking regulation aimed at improving the transparency, consistency, and reliability of Environmental, Social, and Governance (ESG) ratings, the rules was enacted in the week ending 22/11/2024. The new rules are designed to bolster investor confidence in […]

🏆Eminent Ecologist 2024: Fernando T. Maestre (part V: epilogue)

November 24, 2024adminjournalofecologyorgLeave a Comment

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, […]

COP29: The European Union unveils its first Biennial Transparency Report

November 24, 2024Posted by adminLeave a Comment

The European Union has today released its first Biennial Transparency Report (BTR) at COP29, ahead of the end of year deadline. The submission of BTRs is a significant milestone in the implementation of the Paris Agreement, which marks the beginning of a new era of accountability and collaboration in the global fight against climate change, […]

Iberdrola’s €800 Million Hybrid Green Bond Sees Record Demand, Reflecting Strong Investor Confidence

November 23, 2024November 23, 2024Posted by adminLeave a Comment

Iberdrola has successfully placed an €800 million hybrid green bond, receiving overwhelming interest with demand 3.75 times oversubscribed, totaling more than €3 billion from over 200 international investors. The bond, which offers a competitive 4.25% coupon, marks the company’s most attractive hybrid issuance in the past three years, reflecting a strong market reception and investor […]

COP29 $250 Billion Draft Climate Finance Deal Faces Global Pushback Amid Urgent Calls for Action

November 23, 2024November 23, 2024Posted by adminLeave a Comment

COP29, the 2023 UN Climate Conference, has unveiled a draft proposal aiming to secure $250 billion annually in climate finance by 2035 from developed nations. This target, known as the New Collective Quantified Goal (NCQG), marks a significant increase from the $100 billion target established in 2009. However, the proposal has faced sharp criticism from […]

Global Coalition Pushes for Increased Sustainable Building Finance to Close Green Financing Gap

November 23, 2024November 23, 2024Posted by adminLeave a Comment

A new initiative launched by a coalition of prominent green building organizations aims to address the growing financial divide between high-performing sustainable buildings and the broader building stock. The coalition, which includes the UK’s Building Research Establishment (BRE), the Green Building Council of Australia (GBCA), the Singapore Green Building Council (SGBC), the US Green Building […]

Storm Caetano Strikes France, Leaving Widespread Damage and Disruption

November 23, 2024November 23, 2024Posted by adminLeave a Comment

November 21, 2024 – November 22, 2024 France was hit by an extraordinary weather event this week as Storm Caetano swept across the country, bringing unseasonably severe winter conditions. The storm, which lashed France with strong winds and heavy snowfall, left a trail of destruction, from power outages to traffic gridlocks, and even a devastating […]

Rio Blog – Why Infrastructure Must Lead the Race to Net Zero

November 23, 2024Allegra LongLeave a Comment

The journey to a sustainable future starts with a fundamental question: why is a flight often cheaper than a train journey? This discrepancy isn’t just about economics; it’s about a system that prioritises convenience over sustainability.

Societe Generale Sets Bold €500 Billion Sustainable Finance Goal, Pioneers Environmental Transition

November 23, 2024November 23, 2024Posted by adminLeave a Comment

Societe Generale is making a major stride towards sustainability with a €500 billion sustainable finance target for the period of 2024–2030. This ambitious goal marks a significant step in the bank’s commitment to advancing the environmental transition while driving innovative investments in energy, circular economies, and nature-based solutions. With 80% of the funds dedicated to […]

Category: CSR/ECO/ESG