Business/Finance

Written by: Gim Huay Neo and Daniel Pacthod The World Economic Forum Global Risks Report 2024 again underscores the significance and severity of nature-related risks in the next ten years, ranking them as the most critical challenges we face globally. These risks...

Written by: Kimberly White The UK Government has announced a new investment partnership that offers up to £6 million in grant and private funding for businesses with innovative solutions to tackle the world’s plastic pollution problem. The partnership is an effort between Innovate...

Written by: Kimberly White  TikTok has joined the fight against illegal wildlife trafficking. In an effort to protect some of the world’s most endangered species, TikTok has teamed up with the Coalition to End Wildlife Trafficking Online, a growing alliance of...

Written by: Kimberly White  The European Investment Bank (EIB) has announced that it will phase out financing for fossil fuel projects by 2021. The EIB is the world's largest multilateral financial institution, providing approximately €16 billion in energy finance annually.  The...

Written by: The Energy Mix The coal, oil, and gas industries received US$5.9 trillion in worldwide subsidies in 2020—a mind-bending $11.2 million per minute, every minute of every hour of every day in the year—the International Monetary Fund (IMF) revealed...

Written by: Kimberly White  UBS Group will no longer fund new offshore oil projects in the Arctic. The Swiss bank also announced it would not provide financing for new thermal coal mines or oil sands on undeveloped lands.  The new standards...

Written by: Sean Fleming The challenges facing the world are overwhelming, from the climate crisis to stubborn rates of poverty, inequality and ill health. But what if we could tap into the network effect to unite the world's brightest problem-solvers with...

Written by: Kimberly White Goldman Sachs has announced a $750 billion pledge to sustainable finance initiatives that combat climate change. The $750 billion will be dispersed over the next decade and focus on financing, investing, and advising activity related to...

Courtesy of Landscape News Written by: Augusta Dwyer Even though Indigenous communities protect some of the most critically important forest ecosystems, conserving a wealth of the world’s terrestrial biodiversity and carbon storage, they remain woefully shortchanged with aid money for climate...

Written by: Kimberly White Companies, cities, investors, and civil society have joined together in pursuit of a resilient, zero carbon recovery.  Led by the UNFCCC's Champions for Climate Action, the Race to Zero campaign aims to mobilize leadership and drive support...