Climate Mitigation Finance Update: Renewable and Energy Efficiency Financing and Guidance for Paris-compatible Investments

31 January 2018: Funding for several renewable energy projects has been announced in January, including initiatives to support photovoltaic (PV) solar projects in Jordan, Mauritius, Peru and Rwanda, and wind power in Peru and the Dominican Republic. Investments in energy efficiency are expected to reduce energy intensity and improve energy security in Kosovo. A debt … Continue reading Climate Mitigation Finance Update: Renewable and Energy Efficiency Financing and Guidance for Paris-compatible Investments

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

Hawai’i Plans State-level SDG Implementation

17 January 2018: The Hawai’i State Senate announced its intention to enact the 17 Sustainable Development Goals (SDGs) into state law to achieve the sustainability of Hawai’i’s people, communities, natural resources and economic prosperity. Hawai’i will implement the SDGs through the Aloha+ Challenge. The Hawai’i State Senate aims to focus on a local platform to … Continue reading Hawai’i Plans State-level SDG Implementation

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