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, […]
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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 […]
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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 […]
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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 […]
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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 […]
Continue ReadingThe 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.
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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 […]
Continue ReadingIn this blog post, Emily Hague and team discuss their latest research into the importance of careful consideration of collision-mapping approach and data selection when it comes to predicting high-risk vessel collision areas for whales. For conservationists and those that care about nature and our planet, the news can feel incredibly bleak, with daily (deservedly) […]
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Date: November 15, 2024Location: COP29, Dubai, UAE Summary:The Inter-American Development Bank (IDB) has committed to investing $11.3 billion annually in climate finance by 2030. The move is part of the IDB’s broader strategy to address climate change and support sustainable development in Latin America and the Caribbean. This commitment will fund projects aimed at reducing […]
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Summary:A coalition of conflict-affected nations has called for $20 billion in climate aid to help mitigate the impacts of climate change, which are exacerbating existing humanitarian crises. In a letter to world leaders at COP29, these nations outlined urgent needs for climate resilience funding to address the dual challenges of conflict and climate disaster. Introduction […]
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