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COP29 Ends with Target to Triple Climate Finance to $300 Billion per Year

ESG Today

Following two weeks of intensive negotiations, the COP29 climate conference in Baku, Azerbaijan ended with an agreement to triple climate change-related finance flows to developing nations to $300 billion annually over the next decade, and with significant progress towards the development of international carbon markets.

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Morgan Stanley will measure CO2 impact of loans and investments

GreenBiz

bank to commit to measuring and disclosing the climate impact of its loans and investments, announcing last week that it has joined a multi-trillion dollar group of global financial institutions developing a standardized method for carbon accounting. Morgan Stanley has become the first major U.S. trillion in assets.

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Strategy firm BCG pledges net-zero impact, eyes ‘carbon positive’ future

GreenBiz

It works on more than 350 such projects with more than 250 organizations, including the World Economic Forum, WWF and the World Business Council for Sustainable Development. It committed to delivering up to $1 billion in pro bono consulting work for social impact projects between 2015 and 2025. (So Corporate Strategy. Carbon Removal.

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Inogen Alliance Presents at COP29 in Azerbaijan

3BL Media

Azersun is taking a major step forward in sustainability-driven innovation with the launch of two groundbreaking AI-powered platforms, developed in partnership with FABA International. Dr. Abdel-Aziz is currently the co-chair of Sharm El Sheikh Mitigation Ambition and Implementation Work Program under the Paris Agreement.

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Reduce, reuse, recycle, register?

GreenBiz

As more companies innovate products made using recycled materials, and so the value proposition of using recycled materials transitions into a consumer expectation, innovators may wonder how they can protect their investment in the development of such products.

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Pope Francis urges Western countries to take more dramatic action on climate before the world collapses

Corporate Knights

It’s the pontiff’s first major declaration on climate and the environment since the Paris Agreement was negotiated in 2015, although he has frequently opined less formally on the urgency of climate action. The pope criticizes other wealthy countries for obstructing climate policy in order to protect their “national interests.”

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India Commits to 45% Emissions Intensity Reduction by 2030

ESG Today

NDCs are a major part of countries’ obligations under the Paris Agreement, outlining their interim commitments on the pathway to net zero. It would protect the interests of the country and safeguard its future development needs based on the principles and provisions of the UNFCCC.”.