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OECD Warns of Climate-alignment “Blind Spot”

Chris Hall

trillion of bonds issued by the fossil fuel sector. The OECD report analysed how the climate alignment of finance globally is assessed, the current degree of alignment, and how financial sector and real economy policies and actions influence alignment with Article 2.1c trillion, compared with US$1.7

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Roadmap to Decarbonization: A Step-by-Step Guide for Municipalities

3BL Media

These goals should align with targets outlined in the Paris Agreement , as well as state climate targets and other established benchmarks. With this baseline, municipalities can then determine what goals they can achieve in both the short and long term.

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Policy Gaps Curbing Private Climate Finance Flows

Chris Hall

The gap between current climate investment and the funds needed until 2030 to achieve the net zero targets of the Paris Agreement currently stands at US$6 trillion annually, according to research from the Climate Policy Initiative (CPI) and law firm A&O Shearman, equating to approximately 6% of global annual GDP.

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Take Five: Europe’s Green Brigade Takes Shape 

Chris Hall

Others suggested taking inspiration from the green bond markets to develop European defence bond frameworks for funding projects of high strategic importance to European sovereignty. The first outcome, announced this week , will be the launch of the first London-listed CNY-denominated sovereign green bond later this year.

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The 25 most sustainable private companies in the world

Corporate Knights

The company aims to achieve net-zero emissions by 2050, in line with the Paris Agreement, largely by helping its customers switch to electric vehicles. The company recently closed a green bond offering that will help it transition to predominantly renewable sources of power.

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Placing African institutions at the forefront of the global sustainability agenda

Environmental Finance

Additionally, Nana co-designed the Climate Finance Warehouse Facility (CFWF) with InfraCredit, creating a financing path for climate infrastructure projects to access green bond markets. Weve had to strike that balance – as a signatory of the Paris Agreement – versus our national priorities.

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COP29 takeaways: a turning point for climate finance, but falls short on fossil fuels

We Mean Business Coalition

What it means: The $300bn is a modest step forward, marking progress under the Paris Agreement but falling short of the decisive action and timeline the climate crisis demands. A new crediting mechanism is now in theory operational, the Paris Agreement Crediting Mechanism (PACM, formerly known as the Article 6.4