29 banking jurisdictions beginning nature focus, UNEP FI says
Some 29 jurisdictions, totalling more than €75 trillion of banking assets, have started reflecting nature-related considerations in their regulations, the UN Environment Programme Finance Initiative (UNEP FI) has said in a report.
Read MoreGlobal firms ramp up sustainability reporting ahead of CSRD deadline -report
Nearly all of the world’s largest companies have adopted sustainability reporting, with 96% of the largest 250 companies (G250) now publishing ESG data as they prepare for tighter regulations like the EU’s Corporate Sustainability Reporting Directive (CSRD), according to a new report.
Read MoreCOP29: German govt announces over €1 bln in annual biodiversity funding
Germany plans to ringfence an annual €1.1 billion to fund biodiversity conservation starting next year, a government official announced at the ongoing COP29 UN climate summit in Azerbaijan.
Read MoreCOP29: Global organisations call on countries to raise ambition on nature under climate finance deal
A group of 68 global NGOs, business coalitions, companies, and Indigenous Peoples organisations has called for COP29 parties to recognise nature’s role in addressing the climate crisis within negotiations on the New Collective Quantified Goal (NCQG).
Read MoreCOP29: ClimeFi, Xprize launch global CDR challenge to shore up demand
Global portfolio manager for carbon removals ClimeFi and innovation competition organiser Xprize on Friday unveiled the Global 1000 CDR Challenge, urging the world’s largest corporations to commit to purchasing at least 1,000 tonnes of permanent removal credits in 2025.
Read MoreReport flags limitations with corporate forestry data platform
Financial institutions should be aware of the shortcomings of a corporate forestry data platform called Forest IQ, a new study has said, drawing attention to the risk that it could generate misleading results, though it remains a good starting point.
Read MoreCOP29: More than 40% of coral species at risk of extinction, assessment reveals
Over 40% of reef-building coral species are at risk of extinction worldwide, according to a new assessment released Wednesday during the ongoing COP29 climate summit in Azerbaijan.
Read MoreDOCUSERIES: Inbetween Stories – Exploring the intersection of technology and climate change
Inbetween Stories, a six-part docuseries by Carbon Pulse reporter Allison Gacad, takes a critical look at the knowledge, capital, and humanity behind Metro Vancouver’s climate solutions, exploring the intersection of technology and climate change. Watch all episodes for free.
Read MoreCOP16: UN biodiversity summit cut short amid delegate departures, but still scores successes
Sixteen hours into overtime, the COP16 UN biodiversity talks in Colombia were abruptly suspended, after so many delegates left to catch flights that the meeting could no longer legally make decisions, though before that negotiators had approved a DSI fund and a special body for Indigenous Peoples.
Read MoreCOP16: Armenia to host 2026 UN biodiversity talks
Delegates at COP16 in Colombia on Thursday voted for Armenia as host of the next biodiversity summit in two years’ time, narrowly beating neighbour and climate COP29 host Azerbaijan.
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