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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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Climate storytelling: Why Article 12 of the Paris Agreement could unlock everything

We Mean Business Coalition

That’s why I believe one of the most neglected clauses in the Paris Agreement might just be our best hope for planetary transformation. In arcane COP-speak – the Paris Agreement says communications is important to enable the rest of its own provisions. What we’re starting here in Baku this year will grow by Belem in 2025.

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The 25 most sustainable private companies in the world

Corporate Knights

And while private equity markets declined the past two years, McKinseys Global Private Markets Report for 2025 shows that a rebound is underway, with 30% of respondents saying they plan to increase their allocations. OeKB focuses on five service areas: export, capital markets, energy markets, development financing and tourism.

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

GreenBiz

Business strategy organization Boston Consulting Group will use remote workplace lessons from the COVID-19 pandemic to reduce per-employee travel by at least 30 percent by 2025, one key element of the $8.5 It committed to delivering up to $1 billion in pro bono consulting work for social impact projects between 2015 and 2025. (So

Net Zero 428
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The World Bank cooks up a recipe for a climate-friendly food system: Cut red meat subsidies

Corporate Knights

The narrative is clear: to protect our planet, we need to transform the way we produce and consume food,” writes Axel van Trotsenburg, a senior managing director for development policy and partnerships at the World Bank, in a forward to the paper. But governments don’t need to wait until the plans are due in 2025 to start taking action.

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Policy Gaps Curbing Private Climate Finance Flows

Chris Hall

Multi-stakeholder dialogue seen as essential in unlocking capital for net zero solutions, as GSIA calls for development of national transition plans. The CPI had previously estimated that global investment must increase at least seven times by the end of this decade to align with Paris Agreement objectives.

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G7 Leaders Support Development of Global Sustainable Disclosure Standards

ESG Today

Leaders of leading industrial nations at the Japan-hosted G7 summit in Hiroshima made a series of announcements in support of their Paris Agreement commitments to limit global temperature rise to 1.5°C,