World Bank, OECD Advance Financing Initiatives for SDGs, Paris Agreement

January 2018: The international community is taking steps to gear financial markets towards the implementation of the SDGs and the Paris Agreement on climate change. Initiatives by the World Bank, OECD and others address sustainability financing while reinforcing gender equality, environmental goals, and transparency. The World Bank issued a Sustainable Development Bond to raise awareness … Continue reading World Bank, OECD Advance Financing Initiatives for SDGs, Paris Agreement

Companies Commit to Science-Based Climate Targets

26 January 2018: Businesses around the world have been called on to set science-based, greenhouse gas (GHG) reduction targets as a way to ensure corporate action on climate change. Mahindra Group Chairman Anand Mahindra made the call in advance of the Global Climate Action Summit (GCAS), which will convene from 12-14 September 2018 in San … Continue reading Companies Commit to Science-Based Climate Targets

Symposium Discusses Supply Chain and Deforestation Links

30 January 2018: An international symposium in Tokyo, Japan, showcased initiatives aiming at developing forestry-related supply chains that are beneficial for small producers while meeting global zero-deforestation commitments, such as in the Sustainable Development Goals (SDGs) and the Aichi Biodiversity Targets. The Forestry Agency of Japan with support from the Food and Agriculture Organization of … Continue reading Symposium Discusses Supply Chain and Deforestation Links

EU Expert Group Provides Recommendations for Sustainable Finance

31 January 2018: The EU High-Level Expert Group on Sustainable Finance (HLEG) issued its final report and recommendations on integrating sustainable finance within the EU and broader global financial systems. The report will guide the Commission’s forthcoming action plan on sustainable finance. The HLEG is a multi-stakeholder initiative established by the European Commission in 2016 … Continue reading EU Expert Group Provides Recommendations for Sustainable Finance

Investors Urged to Align Portfolios with Paris Agreement

1 February 2018: Transitioning towards a low-carbon economy requires the global investor community to increase climate action, and raise its ambition to divest from fossil fuel investments, according to UN officials attending an investors’ summit. The ‘Investor Summit on Climate Risk: Capturing the Global Investment Opportunity in the Paris Agreement’ convened on 31 January 2018, … Continue reading Investors Urged to Align Portfolios with Paris Agreement

EEA Report Analyzes Environmental Impacts of Aviation and Shipping

4 February 2018: A ‘Transport and Environment Reporting Mechanism’ (TERM) report from the European Environment Agency (EEA) analyzes drivers behind the increasingly negative environmental impact of Europe’s shipping and aviation industries, and offers policy recommendations to reverse the trend. The report titled, ‘Aviation and shipping — impacts on Europe’s environment’ identifies barriers to change and recommends … Continue reading EEA Report Analyzes Environmental Impacts of Aviation and Shipping