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Time for a fair phase out of fossil fuels

Corporate Knights

Meanwhile, Bloomberg Intelligence reported that “oil companies are finding it increasingly difficult to raise financing amid rising environmental, social and governance (ESG) concerns, while banks are under pressure from their own investors to reduce or eliminate fossil-fuel financing.”.

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The Blue Wonder

3BL Media

In 2025, the global ocean economy is estimated to be US$ 24 trillion with annual benefits of US$ 2.5 25 Partnerships to protect the ocean will be the focus of the June 2025 United Nations Ocean Conference (UNOC) in Nice, France. High stakes of ocean decline Lives and economies depend on the ocean; the value they bring is considerable.

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Food waste contributes 10% to global emissions but 9 out of 10 countries’ NDCs fail to focus on food waste and loss

Envirotec Magazine

” The latest Food Waste Index Report (2024) , compiled by the United Nations Environment Programme (UNEP) and co-authored by WRAP, found that the world wastes over a billion tonnes of food – one fifth of all food available to consumers at the retail, food service and household level annually.

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Eliminating Plastic Pollution, Reflections From Tracey Campbell

3BL Media

The United Nations Environment Program (UNEP) is working to develop an international legally binding agreement to address plastic pollution and the INC process is the vehicle used to negotiate and deliver such an agreement. As the name implies, the pending zero draft is only a starting point for detailed negotiations and even compromises.

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NZBA Sets More Ambitious Climate Targets

Chris Hall

Alliance extends net zero targets to capital markets activities, as frameworks provide more tailored approach for banks’ transition strategies. The new capital markets targets will come into effect from 1 November 2025, while the rest of guidelines’ updated second version is effective from 22 April. billion from Barclays.

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Nature-based Solutions “Good Value for Money” – UN 

Chris Hall

A rapid doubling of funding for nature-based solutions (NbS) by 2025 can achieve a ‘triple win’ for environmental sustainability goals, but must be accompanied by an end to ‘nature-negative’ price-distorting subsidies, a new UN report said. . Currently, the private sector contributes just 17% (US$26 billion) of total investment in NbS.

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Starting to Adapt 

Chris Hall

The topic was a focus of high-level talks during COP28’s Finance Day with former Brazil premier Dilma Roussef, President of New Development Bank, talking about the importance of deepening local currency capital markets to lower the cost of capital for organisations on the ground.

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