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SDSN Kenya Co-hosts Carbon Markets Clinic and Debate

Sustainable Development Network

On 25 March 2024, SDSN Kenya joined WRI Africa and other Kenyan partner organizations in co-hosting an interactive workshop and debate format entitled: ‘Carbon Markets: Which Way for Kenya? A Carbon Markets Clinic and Debate’.

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Member States Urged to Enforce 2024 Deadline for CSRD

Chris Hall

Susanna Arus, EU Public Affairs Manager at Frank Bold , said the Corporate Sustainability Reporting Directive (CSRD) – which updates the 2014 Non-Financial Reporting Directive (NFRD) and comes into force on 1 January 2024 – could create a ‘two-speed Europe’. Greenwashing is over.

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Better data is the key to meeting ESG standards

Sustainability Matters

This week marked Earth Day 2024 , and as we navigate an increasingly data-driven landscape and harness the burgeoning power of artificial intelligence, there are few justifications for organisations to not manage and report their environmental, social and governance (ESG) data with enhanced efficiency and transparency.

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Banks Must Radically Change Climate Perspective

Chris Hall

billion by the end of the decade to remain Paris-aligned. According to the International Energy Agency, annual financing to the renewable energy sector needs to double from US$2.8 billion to US$4.7

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Listen to the Science

Chris Hall

In 2024, the number of listed companies with a climate commitment validated by the Science Based Targets initiative (SBTi) jumped to 20% from just 12% in 2023. Major corporate buyers stepped back from purchasing carbon credits as accusations of greenwashing grew. It holds a significant cachet among companies,” he explained.

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EBA Issues New Climate Disclosures for European Banks

Chris Hall

Once approved by the European Commission, banks will have to start making climate disclosures in 2023, with full phase-in by June 2024. The two ratios are expected to create pressure for banks to adopt more sustainable business strategies and help stamp out greenwashing.

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At long last, Canada restricts oil and gas subsidies (except for all the loopholes)

Corporate Knights

Those guidelines are due to be released in 2024. Now, it’s being taken up by a multilateral panel that is expected to report in 2024 if all goes well. The document also holds out the possibility of subsidies for carbon trading deals under Article 6 of the Paris agreement, and for Indigenous participation in fossil fuel projects.