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Major Emitters Progressing on Climate Goals, But Lagging on Decarbonization Strategies: CA100+. Switzerland Issues Inaugural $766 Million GreenBond. ESG Investing. ImpactInvesting Passes $1 Trillion for First Time: Report. London Stock Exchange Launches Voluntary Carbon Market. ESG Services and Tools.
This week in ESG news: EU adopts new law against greenwashing; Walmart reaches 1 billion ton supply chain emissions reduction milestone; S&P forecasts $1 trillion sustainable bond market in 2024; Airbus, TotalEnergies launch sustainable aviation fuel partnership; Verizon invests $1 billion in renewable energy; EU lawmakers agree to certification (..)
According to recent research, at least USD 10 trillion of insurance cover will be needed to decarbonize the energy, transport and building sectors – from insuring the construction of offshore wind and solar farms, to the provision of electric vehicle cover and heat pump warranties.
But if you are not willing to concede any returns from your “impact” investments, your options are limited. We interviewed more than two dozen professionals with expertise in asset management, impactinvestment, asset allocation, and measurement. Issuance of greenbonds has more than tripled from 2017 to 2021.
However, there are other funding solutions, such as providing impact finance to clean cookstove manufacturers and distributors through equity investments or greenbonds. Impact finance can subsidise stove costs, making them more affordable to low-income consumers.
Cities Government & Regulators Australia to Launch Decarbonization Plans for Key Sectors Biden Launches $20 Billion Climate and Clean Tech Project Financing Programs Australia Releases Rules for Sustainability Claims to Fight Greenwashing by Companies ESG Reporting & Disclosure Norway’s $1.3
See below for the highlights of the past week, and get all your ESG news at ESG Today: Sustainability Goals, Initiatives and Achievements Microsoft Signs One of the Largest-Ever Nature-Based Deals to Remove 1.5
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