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Bond Investors Can Help Hold Companies Accountable Post COP26

3BL Media

DESCRIPTION: The United Nations Glasgow Climate Change Conference, also known as COP26, concluded in November with 200 nations signing the Glasgow Climate Pact (GCP), an agreement that could accelerate climate action and drive big carbon cuts. COP26 Reflects Increased Drive for Climate Action .

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Burundi’s first solar farm increases country’s generating capacity by 10%

Renewable Energy World

Days before the United Nations COP26 climate summit is expected to, among other things, pressure world leaders to boost clean energy financing for developing countries , a multinational effort has brought the first-ever solar farm online in Burundi. Follow @EngelsAngle. Courtesy: Camco Clean Energy). billion in 2019.

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Global $100 Billion Climate Finance Goal Expected to be Met in 2023: Report

ESG Today

The global goal for developed nations mobilize $100 billion in climate finance to their developing nation counterparts to mitigate and adapt to climate change is expected to be met in 2023, and surpassed in following years, according to a new report released by Canada and Germany ahead of the COP27 climate conference.

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To Meet Net Zero, Prioritize ESG Laggards

3BL Media

DESCRIPTION: On the heels of COP26, investors are not only thinking about the climate-related risks of companies within their portfolios, but they are also considering whether to make new investments or maintain existing investments in high-emitting companies or countries going forward. SOURCE: Franklin Templeton.

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Microgrids bring first-time electricity access to 80,000 people in West Africa

Renewable Energy World

International financing for clean energy and climate change resiliency will be a focus of the United Nations COP26 climate summit in Glasgow, Scotland next month. Developed countries committed in 2009 to provide $100 billion annually in climate finance to developing countries by 2020. billion in 2019.

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Time to Show ‘True Grit’ on Climate Adaptation

Chris Hall

Climate change mitigation remains important, but the need to finance adaptation measures is becoming urgent, says Lindsey Stewart, Director of Investment Stewardship Research, Morningstar. “I I don’t believe in fairytales or sermons or stories about money, baby sister, but thank you for the cigarette.”

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EM Adaptation Gap High on COP28 Agenda

Chris Hall

Rising recognition of the vulnerabilities of EMDEs to climate change is increasing focus on scaling blended finance opportunities.