UAE Announces $30B Investment Vehicle for Climate Action
The UAE has announced a $30 billion investment vehicle for climate action. The vehicle will silence critics who questioned the choice of UAE, a fossil fuel-driven economy, to host COP28.
4 Global Banks Exit SBTi
Four global banks including HSBC, Standard Chartered, Société Generale, and ABN AMRO have exited the Science Based Targets initiative (SBTi).
COP28 Delegates Pledge Millions for Loss and Damage Fund
The COP28 delegated have agreed to operationalize the loss and damage fund to compensate vulnerable nations for climate change-related losses
Localized Climate Data and Loss & Damage Fund critical
The L&D fund and the localized data are not just measures of climate justice but also investments for future resilience.
IASB Proposes Amendment to Some Financial Instruments
IASB has proposed amendment to IAS 32, IFRS 7 Financial Instruments: Disclosures, and IAS 1 Presentation of Financial Statements
COP28: Phasing Out or Phasing Down Fossil Fuels?
The annual event – Conference of Parties COP28, no doubt, will be a critical crossroads for energy transition
Disability Inclusion Accelerates Business Performance
Companies leading in disability inclusion have seen increased revenue and a higher chance of outperforming their industry peers
ADNOC, Santos Partner for CCS
ADNOC and Santos will advance CCS technologies and also support the decarbonization plans of their APAC customers
ABFRL, 1M 1B, Conclude Sustainability Accelerator Program 2023
Aditya Birla Fashion and Retail Limited or ABFRL, and 1M 1B recently concluded the Sustainability Accelerator Program 2023
Bloomberg Launches Data Mapping, Materiality Assessment Tool
The data mapping, materiality assessment tool from Bloomberg will enable investors to assess the impact of a company’s business on UNSDGs
Richest 1 percent Plundering the Planet
The richest 1 percent of the global population produced twice as much carbon pollution as the five billion people
NIMS University Establishes Global Centre for Sustainable Development
Jaipur-based NIMS University has established the Global Centre for Sustainability Development (GCSD) to align with UNSDGs
