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SDG mapping is not impact investing, says GIIN CEO

Environmental Finance

Investors that retrospectively tag assets for 'alignment' with UN Sustainable Development Goals (SDGs) are not impact investors and produce "impact by coincidence", said the CEO of the Global Impact Investing Network (GIIN).

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Cracks showing in Mark Carney’s net-zero financial alliance

Corporate Knights

Carney, the former governor of the Bank of England (and Canada) established GFANZ with billionaire Michael Bloomberg at the COP26 UN climate summit last November in Glasgow. says Baltej Sidhu, an analyst with National Bank of Canada, in an interview with The Globe and Mail. Greenwashing is truly a clear and present danger.”.

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Why investors are putting biodiversity on the balance sheet

GreenBiz

Most investors and companies still don’t put a price tag on natural capital, or the cost of losing it, and biodiversity becoming a top "theme" only means people have begun talking about it. New metrics, such as the ones proposed this week by the UN Statistical Commission that go beyond GDP to include natural capital.

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Peers sought to build urban resilience platform

Envirotec Magazine

UN-Habitat’s Urban Resilience Hub has defined urban resilience as “the measurable ability of any urban system, with its inhabitants, to maintain continuity through all shocks and stresses, while positively adapting and transforming toward sustainability” and a key part of that ability will be technological. Technology pilots. Best practice.

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ASCOR Adds Climate Spending Indicators

Chris Hall

ASCOR is backed by a coalition representing US$5 trillion AUM, including the UN Net Zero Asset Owner Alliance, investor network Ceres, the Institutional Investors Group on Climate Change, the UN-convened Principles for Responsible Investment and Sura Asset Management.

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SDSN Commemorates International Year of Millets

Sustainable Development Network

The United Nations declared 2023 as the International Year of Millets (IYM 2023) and named the UN Food and Agriculture Organization (FAO) as the lead agency for celebrating the Year in collaboration with other relevant stakeholders. Each submission must include a caption with (at minimum) the location (e.g., finger millet).

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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. . The post Nature-based Solutions “Good Value for Money” – UN appeared first on ESG Investor.

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