Cover all financing and funds including debt
India Stays Away from Key Pledges, UAE Unveils Green Finance and Barbados Calls for Climate Tax
India has opted out of signing two major pledges at COP28, raising eyebrows and sparking discussions about its commitment to global climate action
Finance Industry Gathers at COP28 to Forge Path to Low-Carbon Economy
This year’s summit marks an unprecedented gathering of finance industry representatives at a United Nations Conference of the Parties (COP), underscoring the growing recognition of the critical role finance plays in addressing climate change
Richest 1% emit as much planet-heating pollution as two-thirds of humanity, Says Oxfam
#Carbon emissions of richest one percent surged to 16 percent of world’s total CO2 emissions in 2019.
#Their carbon emissions are enough to cause 1.3 million excess deaths due to heat.
#Unequal countries suffer seven times more flood fatalities than more equal countries.
#Fairly taxing the super-rich would help curb both climate change and inequality.
Blackstone raises $7 billion Energy Transition Fund
Blackstone has successfully raised $7.1 billion for its energy transition credit fund called Blackstone Green Private Credit Fund III
Need to Add Impact Of Climate Action Into Risk Management
A new report calls for a need for urgent action to embed the impact of climate action into risk management in Financial Sector.
Sebi Expands ESG To Six New Mutual Funds Schemes
The Securities and Exchange Board of India (Sebi), the market regulator, has issued a circular introducing a new category of mutual fund schemes for ESG investing.