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The CSRD, on track to begin applying from the beginning of 2024, is aimed as a major update to the 2014 Non-Financial Reporting Directive (NFRD), the current EU sustainability reporting framework. Banking association AFME’s response, detailed below, raised similar concerns.
Part-credit for this meteoritic growth has been given to the Green Bond Principles (GBP) launched in 2014. She adds that, this is why ICMA partnered with other organisations such as the IFC and UNEP FI, “because they all have their own specific guidance for blue ….we As of January 2023, green bonds had raised US$2.5
Analysis from the United Nations Environment Program (UNEP) concludes that a 45% reduction in global methane emissions by 2030 is essential to limiting global warming to 1.5 is an even more ambitious and comprehensive reporting framework than the 2014 version that directly connects reporting activity to strategic mitigation actions.
Winds of change Prior to 2014, there was no risk capital available for agrifood tech, says Cooper. Private markets valuations, therefore, were looking good by comparison, says Cooper, driving deal activity and capital inflows to sustainable VC funds. But the grass wasn’t always so green.
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