UAE Extends Year of Sustainability to 2024: Building on COP28 Momentum
The announcement came on the occasion of the National Environment Day
Budget 2024: Nirmala Sitharaman Announces Greener Plans for India
The minister has committed substantial funds to enhance the green energy sector, emphasizing the utilization of solar power and India’s extensive offshore wind energy potential.
Textile MSMEs Embracing Sustainability, Says Chandrima Chatterjee of CITI
The textile industry’s MSME sector, comprising 80% of its value chain, is embracing sustainability and ESG regulations due to increased demand from domestic and international players
Green Tech, ESG and Sustainability Requirements to Shape Credit Outlook in 2024: Moody’s
Moody’s identified six key trends – Green Technology and Disruptive Innovation, Complex ESG Policy Landscape, Rising Physical Climate Risks, Climate Finance Gap in Emerging Markets, Focus on Environmental Degradation and Reshaping the Future of Work – will shape credit strength in 2024
SBI Raises $250 Million Though Green Notes
This issuance, part of SBI’s USD 10 Billion medium-term note program, reaches maturity on December 29, 2028, and was executed through a private placement facilitated by its London branch
Impact Bonds Slump In 2023 Globally, Expecting Rebound In 2024
Higher interest rates, a global economic slowdown, and rising costs are cited as the primary reasons for the drop
UAE Augments Commitment to Climate Action: A Leap Towards Sustainable Future
The UAE Council for Climate Action has committed to intensify climate action efforts that augment the nation’s commitment to a sustainable future, a development following the recent COP28 conference
How the UAE’s ESG framework is shaping its business landscape!
ESG framework in UAE is shaping its business landscape, influencing corporate strategies, operational norms, and investment decisions. Understanding the UAE’s approach provides valuable insights into the evolving dynamics of responsible business practices in the Middle East
UK to Implement Carbon Import Levy on Certain Goods by 2027
The carbon border adjustment mechanism (CBAM) will be applied to carbon-intensive products and it will be determined based on the carbon emissions in the production of imported goods and the gap between the carbon prices in the country of origin and the UK
Panasonic plans to reduce 1% of global emission by 2050, says Panasonic Middle East & Africa MD Hiroyuki Shibutani (Interview)
Looking ahead to 2050, Panasonic Group aspires to make a significant impact, aiming to cut CO2 emissions by over 300 million tons—equivalent to approximately 1% of the current global total emissions