On the two-year anniversary of the Paris climate Agreement, the French presidency organized an international summit to increase climate financing to accelerate efforts to tackle climate change. Government and business leaders were invited by French President Emmanuel Macron to attend the One Planet Summit in Paris on Tuesday (Dec. 12), including the President of the World Bank read more…
Tag: Investments
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Global finance leaders launch principles for financing sustainable development
Leading banks and investors, totaling USD 6.6 trillion in assets, on Monday (Jan. 30) launched the Principles for Positive Impact Finance, a first of its kind set of criteria for investments to be considered sustainable. The Principles were developed by the Positive Impact Working Group, a group of 19 UN Environment Finance Initiative banking and investment read more…
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New report puts pressure on G7 to stop international coal financing
Between 2007 and 2015 Group of Seven (G7) nations provided USD42 billion for coal projects in developing countries in the form of “direct finance, guarantees, technical assistance, and aid for coal power, coal mining, and related projects”, according to a report released on Tuesday (May 24) by groups including the U.S. Natural Resources Defense Council read more…
