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Despite net-zero pledges, banks used $750 billion to finance fossil fuels in 2020

GreenBiz

Despite net-zero pledges, banks used $750 billion to finance fossil fuels in 2020. Net-zero commitments may have ricocheted across banking sector over the last 18 months, but big banks' attestations of climate concern did not stop many from expanding financing for the world's top fossil fuel firms during the pandemic year.

Net Zero 398
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The 25 most sustainable public-sector companies in the world

Corporate Knights

In its deep dive into the worlds most sustainable private- and public-sector companies, Corporate Knights revealed an undeniable fact: public-sector companies are doing essential work when it comes to moving the needle toward a greener global economy. It is also one of the biggest green financiers globally. That now includes 7.6

Net Zero 179
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The 25 most sustainable private companies in the world

Corporate Knights

While publicly traded companies often dominate the headlines, private companies are a much larger part of the global economy. Oesterreichische Kontrollbank AG Sustainable development bank Oesterreichische Kontrollbank (OeKB) or Austrian Control Bank is a special-purpose financial institution owned by Austrias main banks.

Net Zero 214
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11 young professionals on the future of sustainable finance

GreenBiz

With ESG gaining more attention and more companies committing to reaching net-zero emissions in the coming decades or otherwise pledging to do better by people and the planet, it’s inevitable that the next generation of professionals in the field will define the future of sustainable finance. Mecca Luster.

Net Zero 411
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AccountAbility Joins With Global Commons Alliance and UN Climate Champions Team to Launch Navigator Addressing Nature and Climate Action

3BL Media

Global Commons Alliance Accountability Accelerator Executive Director. The World Bank estimates that the collapse of natural systems could erase US $2.7 trillion per year from the global economy by 2030. With over 25% of earth’s species at risk of permanent loss and credible net zero pathways to 1.5°C Matic, Ph.D.,

Net Zero 147
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This Week’s Fund News: Mediolanum Picks KBI, Pictet for Circular Fund

Chris Hall

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.

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Analyzing Carbon Offset Markets’ role in our journey to a net-zero world

Carlos Sanchez

In particular, we need to reduce 23 Gigatonnes by 2030 from the current 41 Gt emitted per year and achieve net-zero by 2050. 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.