Multilateral development banks (MDBs) have reaffirmed their commitment to mobilising greater climate finance, pledging to expand innovative funding mechanisms to strengthen climate adaptation and resilience in developing nations.
Vice‑President Ambroise Fayolle emphasised that by broadening geographic access of the institution’s Digital Green Finance tool, the EIB is “accelerating climate investments globally.”
The main priorities for COP30 are to accelerate the energy transition, ensure a just transition for the most vulnerable nations suffering from climate change, and, above all, mobilise large-scale climate finance for developing economies
Backed by global development heavyweights, including IFC, AfDB, The Rockefeller Foundation, TDB Group, and NDF, Zafiri is filling one of Africa’s toughest financing gaps by channeling long-term equity into distributed renewable energy companies that deliver last-mile access where traditional capital falls short.
Carbon Markets Africa Summit to unlock billions in climate finance for the continent. The carbon economy is global, but its solutions are local.
These hands-on masterclasses complement the Summit’s broader agenda of keynotes, project showcases and panel debates, equipping delegates with actionable strategies to shape their organisations’ energy future.
Over 100 anti-ESG bills have been introduced across various U.S. states this year, as one of the world’s leading economies is refocusing its priorities from sustainability towards profitability. In times when ESG disclosures are not mandated and many financial institutions are greenhushing their sustainability-linked efforts, should payment providers still bother about the environmental outcomes of […]
Klarna partners with the leading fashion resale marketplace, Poshmark, to link purchase data directly into resale listings and create a smoother payment flow for the secondhand marketplace.
A fresh report shows that the international financial system is being unfair to low-income countries, which suffer from currency fluctuations and the heightened impact of climate change.
After the 2024 asset buyout, the former Aspiration’s consumer fintech division re-launches as a climate-friendly banking startup, GreenFi.
E-commerce giant Amazon continues its efforts to reduce and eliminate emissions across its global ecosystem, adding carbon credits to the Sustainability Exchange resource hub.
Countries affected by both climate change-induced hazards and military conflicts that cause humanitarian crises have joined their efforts to urge global leaders to accelerate targeted climate financing.
A new carbon footprint verification service from CaixaBank enables customers to verify their Scope 1, 2, and 3 carbon emissions across different sectors.
With the new Administration, one of the largest and most economically developed countries in the world – the United States of America or simply the U.S. – has changed its stance on many global issues. Ecology is, unfortunately, one of them. Let’s take a closer look at the impact of the U.S. withdrawal from the […]
The global collaborative environmental initiative by Mastercard has established a brand new site in China to help restore local biodiversity and natural resources.
Although sustainability is at the top of the agenda for many global countries, initiatives promoting sustainable practices and technologies are not always favoured by institutional investors. Whether they lack clear statistical justification of the innovation utility or lack impact scale, reasons for the lack of funding might be different but the outcome is the same […]
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