International Development News | ESG & Sustainability | OneStop ESG
361 articles · Page 28 of 31
361 articles · Page 28 of 31
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At the opening of COP29 in Baku, UN Climate Chief Simon Stiell calls for urgent climate finance commitments and international cooperation to tackle the escalating global climate crisis.

Shell wins an appeal overturning a 2021 Dutch ruling mandating a 45% emissions cut by 2030. The court noted Shell’s climate responsibility but found specific reduction targets unsupported by evidence.

COP29 kicks off with early success, reaching consensus on Article 6.4 carbon credit standards. This aims to boost carbon credit demand and reduce national climate action costs by $250 billion annually.

The UAE pledges a 47% emissions cut by 2035, targeting key sectors ahead of COP29. Critics question fossil fuel investments and the plan’s feasibility amid rising climate challenges.

At COP29, Azerbaijan will introduce a unified green investment rulebook developed with over 100 countries to streamline global green finance standards and improve clarity for investors.

ESMA's 2024 reporting guidelines focus on sustainability, emphasizing double materiality, financial integration, and taxonomy compliance for over 50,000 affected companies.

BRICS nations will reduce fossil fuel capacity to below 50% by the end of 2024, driven by renewable energy expansion, according to Global Energy Monitor. Challenges remain with ongoing fossil fuel projects.

Azerbaijan’s Mukhtar Babayev, COP29 president, unveils final climate-focused pledges aimed at accelerating global climate action, just weeks before the UN summit.
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The ICC has launched new principles for sustainable trade finance to combat greenwashing, providing clear guidelines. Stakeholders can contribute feedback during an open consultation before the final release.

Saudi Arabia's Public Investment Fund has committed $19.4 billion to green projects, aiming to enhance sustainability and align with global goals while reshaping the nation's economy.

Macquarie Group announces a £20 billion investment in UK infrastructure, focusing on EV charging with 650 fast-charging points and renewable energy initiatives to support economic growth.

UNEP FI urges governments to urgently tackle systemic climate risks, emphasizing the need for robust regulations and collaboration to protect economies and promote sustainable finance.