ESG Today

JANUARY 3, 2025

Morgan Stanley has joined several of its peers in exiting the Net-Zero Banking Alliance (NZBA), a UN-backed coalition of banks dedicated to advancing global net zero goals through their financing activities,ESG Today has confirmed. Morgan Stanleys commitment to net-zero remains unchanged.

Net Zero

ESG Today

JUNE 26, 2024

Sustainable aviation fuel (SAF) technology and production company LanzaJet today announced an investment from Tokyo-based banking group Mitsubishi UFJ Financial Group (MUFG). Koichiro Oshima, Managing Executive Officer, Head of Financial Solutions Group, MUFG Bank, Ltd., ”

Waste

3BL Media

AUGUST 25, 2022

"JA Finance Park's success is a testament to the public-private venture model that brings together businesses and school systems to prepare our local students to succeed in a global economy. JAGW inspires and prepares young people to succeed in a global economy. Truist Bank, Member FDIC.

Banking

GreenBiz

MARCH 10, 2021

The Ceres Roadmap 2030 details the steps companies can take to build a just and inclusive economy, stabilize the climate and protect water and natural resources in order to address the systemic threats most likely to disrupt the global economy in the coming decade.

Supply Chains

James Militzer

OCTOBER 9, 2023

In Africa, while cash remains king at 93-95% of transactions (as of 2020), its dominance is gradually diminishing as the use of mobile money and other electronic payment forms increases. According to the GSMA , in 2022, two thirds of the globally processed $1.26 trillion in mobile money transactions occurred in sub–Saharan Africa.

Digitalization

ESG Today

JUNE 27, 2022

A group of CEOs from leading companies and financial institutions issued a call upon G7 governments to institute policies and practices enabling private sector capital mobilization for investment in the transition to a low carbon global economy.

Global Economy

3BL Media

DECEMBER 6, 2023

Market Platforms Regulators require exchanges, marketplaces, banks, and brokers to monitor an array of risks because the default of one or a group of participants could rapidly result in contagion across the financial markets. In addition, clients can collaborate through Verafin’s Information Sharing platform to fight crime.

Banking

3BL Media

FEBRUARY 20, 2024

Trade is the global economy's lifeblood, with maritime transport at its core. But the carbon footprint of port operations and shipping is substantial, with shipping accounting for nearly 3% of global greenhouse gas emissions , according to the Organisation for Economic Co-operation and Development (OECD).

Shipping

Chris Hall

NOVEMBER 3, 2023

This means that every 25 years, global warming will increase by 0.5°C in 2020 amid Covid-19 lockdowns that restricted travel and economic activity, which many hoped would serve as the catalyst for further reductions year-on-year. GHG emissions did fall by 4.6% However, when the world came back online, GHG emissions rebounded 6.4%

Paris Agreement

Chris Hall

OCTOBER 18, 2023

The Alliance counts French insurer AXA Group, Nordic bank Nordea and UK-based financial services company Legal & General among its membership. Among these, 69 members have set intermediate climate targets in line with the Alliance’s Target-Setting Protocol , amounting to US$8.4 trillion in AUM. trillion in AUM, up from US$7.1

Net Zero

McKinsey Sustainabilty

JULY 9, 2025

At the same time, sentiment toward the global asset management industry has reached a 30-year low as of April 2025, according to a Bank of America Global Fund Manager Survey. 4 Bank of America Global Fund Manager Survey, April 2025. 5 Bank of America Global Fund Manager Survey, April 2025.

Banking

James Militzer

APRIL 19, 2023

In 2009, developed countries committed to mobilizing US $100 billion per year for climate action in developing countries by 2020. As of 2020, the annual SDG financing gap for developing countries stood at $4.2 Make multilateral development banks (MDBs) and development finance institutions (DFIs) catalysts of mobilization.

Development

3BL Media

DECEMBER 13, 2022

In the midst of a weakened global economy and the war in Europe continuing to place strain on geopolitical relations, speculation as to whether COP27 could deliver measurable outcomes was a global concern. planets to provide the resources needed to produce goods and absorb waste (Global Footprint Network 2020).

Paris Agreement

Chris Hall

MARCH 2, 2022

Even Germany’s decision to permanently shelve Nord Stream 2 , the partial ejection of Russian banks from Swift , and oil and gas majors exiting equity partnerships with Russian companies in recent days have been ignored by the former intelligence officer. In 2020, Eurostat reported that renewable energy made up 22.1%

Net Zero

James Militzer

FEBRUARY 17, 2023

As we discussed in an article last fall, according to FINCA survey data , which covers 11,000 households in 13 countries, almost 80% of our clients experienced deteriorating food security as a result of lost income between 2020 and 2021. But negative experiences can have a powerful, and sometimes positive, effect on future behavior.

Digitalization

Sense and Sustainability

SEPTEMBER 10, 2020

Even the World Bank has lauded the country’s innovative policies they claim have managed to “decouple growth from CO2 emissions,” allowing Sweden to “have its cake and eat it too.” But things are less clear if we understand how carbon emissions for a country and its economy are measured. 10, 2020. Image courtesy of Flickr.

Climate Change

Chris Hall

JUNE 30, 2023

From 1979 to 2020, net productivity rose 61.8%, while the hourly pay of typical workers grew far slower – rising only 17.5% over the past four decades (after adjusting for inflation).

Impact Investing

Gail Tverberg

APRIL 5, 2023

An even loftier level was reached in 2020 because of the debt added at the time of Covid-related shutdowns. With the high level of debt that the world economy has today, major defaults are a worry. Because of this concern, central banks today seem willing to bend over backwards to prop up failing banks.

Banking

Stanford Social Innovation

JUNE 6, 2024

By Zainab Raji In a globalized economy, remittances are a pivotal financial flow for developing economies. Even such numbers may not capture the full extent of the remittance economy: for example, while Nigeria’s officially recorded remittance inflows ( $19.5 percent below 2019 totals. billion in 2021 and $20.1

Banking

Chris Hall

SEPTEMBER 20, 2024

According to the World Bank , daily per capita waste in developed markets is expected to increase by 19% by 2050,” Stefanie Mollin, Global Equities Portfolio Manager at GIB Asset Management (GIB AM), a UK-based boutique with US$6 billion in AUM, told ESG Investor. billion tonnes. The economic cost is also substantial.

Waste

Chris Hall

FEBRUARY 10, 2022

Mediolanum International Funds is the European asset management platform of Medio lanum Banking Group. Invesco has launched its Invesco Environmental Climate Opportunities (ECO) Bond Fund , which offers UK investors income and growth while supporting the transition to a low-carbon global economy.

Climate Change

Chris Hall

DECEMBER 15, 2022

Former World Bank Global Director for Environment, Natural Resources and Blue Economy Karin Kemper will advise the board on natural ecosystems. . Banks, asset managers and insurers all have a lot more to do to align their financing and scale up investments that protect and restore biodiversity.” .

Net Zero

Chris Hall

APRIL 28, 2023

During lockdown, the global economy was disrupted so severely that it triggered a shift in mindset among business leaders to recognise the importance of ESG issues in creating a more resilient future. “ When I attended COP25 (Madrid) in 2019, there was talk of the climate crisis, but there was not a lot of urgency,” she says.

Net Zero

Carlos Sanchez

NOVEMBER 24, 2021

In this context, several countries and companies have taken up the challenge, and currently, 90% of the global economy and a third of the 2,000 largest companies have net-zero pledges. In Compliance Carbon Offset Markets, offsets are used to meet legal obligations and has a market size in 2020 of $261 billion.

Carbon Offsets

GreenBiz

SEPTEMBER 14, 2020

How the climate crisis will crash the economy. Mon, 09/14/2020 - 02:11. This was hardly the first expression of concern about the potentially devastating economic impacts of climate change on companies, markets, nations and the global economy. Joel Makower. The chickens are coming home to roost. Sub-systemic shocks.

Climate Change

3BL Media

JULY 27, 2023

That loss would be a massive hit to the global economy. is not a party to the convention, but that matters little in these days of the global economy and the multinational companies many of you work for or the international supply chains you are all part of. I have to clarify that the U.S.

Global Economy

GreenBiz

JANUARY 25, 2021

Buried beneath the dour daily headlines on COVID-19 infections, lockdowns and travel bans, the latest science about our planet released during 2020 makes for tough reading. Despite the reductions in air travel and the global economic slowdown caused by the pandemic, climate change sadly has not slowed down this past year.

Net Zero

Envirotec Magazine

JANUARY 14, 2021

Scientists at Birmingham used machine learning to strip out weather impacts and seasonal trends before analysing the data – site-specific hourly concentrations of key pollutants from December 2015 to May 2020. Air pollution is the single largest environmental risk to human health globally, contributing to 6.7

Global Economy

Sustainable Development Network

APRIL 20, 2020

Overall, the United States, the United Kingdom and the Netherlands topped the global 2019 GHS ranking. In March 2020, the Deep Knowledge Group (a consortium of profit and non-profit organizations) released the Covid-19 Safety, Risk and Treatment Efficiency framework and indices. Bloomberg , 16 March 2020. 5 February 2020.

Development

James Militzer

MARCH 27, 2023

Its loans to lower-income countries total nearly as much as those of all other governments combined , according to the World Bank. A major cause of China’s meteoric rise in emerging markets is that its EHM strategy promotes the ideal of a life economy. did in three decades. John Perkins is an author, speaker and former economist.

Development

GreenBiz

MARCH 8, 2021

One other recent crusade is pushing e-commerce retailers such as Amazon, eBay and Walmart to disclose more about the climate effects and chemical compositions of the millions of products they sell, which EDF supported with a roadmap of suggestions in summer 2020. "We Celine Herweijer, Partner, Global Innovation and Sustainability Leader, PwC.

Supply Chains

Richard Matthews

JANUARY 4, 2022

Less than a third of Americans (31%) currently believe there was widespread fraud in the 2020 U.S. This follows similar rulings in the Netherlands in 2019 and Ireland in 2020. Businesses, banks, and investors. and banks are moving away from fossil fuels and biodiversity loss. percent of the nation. .

Climate Change

Chris Hall

FEBRUARY 21, 2025

A report commissioned by the International Chamber of Commerce (ICC) highlighted that extreme weather has cost the global economy more than US$2 trillion over the last decade. This would better inform central banks, commercial banks and insurers and drive refined and more appropriate actions.

Climate Change

Sustainability Update

APRIL 11, 2023

And so, the latest “chilling effect” put in place by DOL leaders was the Final Rule adopted in November 2020 during the Trump years that set out to discourage plan fiduciaries’ interest in considering ESG in managing investments. Top Story/Stories Who am I going to bank with?’ Many people cheered (at last!) while others jeered.

Climate Change

James Militzer

MARCH 6, 2025

Yet instead of ramping up this sort of proven approach, multiple factors have combined to undercut gender and climate-focused funding in several key global economies. The catalyst of this effort has been IDB Invest , the investment arm of the Inter-American Development Bank. They should be rapidly scaled up, now.

Banking