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ESG Taxonomy

Australia to Develop Sustainable Finance Taxonomy and Labels for ESG Investment Products

The Treasury department of the Australian Government has announced its proposed Sustainable Finance Strategy. The strategy aims to support the mobilization of private capital needed to finance the transition to a net zero economy, help firms access funding for their own transitions, and manage risks and opportunities presented by climate change and other sustainability issues. Key…

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Net-Zero

Ghana launches USD 550 Billion Energy Transition and Investment Plan for Achieving Net-Zero Emissions, Creating 400,000 jobs by 2060

September 22, 2023 His Excellency Nana Akufo-Addo, President of the Republic of Ghana, launched the country's new Energy Transition and Investment Plan yesterday during a Global Africa Business Initiative event in New York. The plan marks Ghana's commitment to fighting climate change and fostering economic development in tandem. It details a credible pathway for how Ghana can…

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Climate Pollution

Biden-Harris Administration Announces Availability of $4.6 Billion in Competitive Grants to Cut Climate Pollution as Part of Investing in America Agenda

September 20, 2023 The U.S. Environmental Protection Agency (EPA) launched $4.6 billion in competitive grants to fund state, local, and Tribal programs and policies that cut climate pollution, advance environmental justice, and deploy clean energy solutions across the country. As part of President Biden’s Investing in America agenda, a key pillar of Bidenomics, EPA’s Climate Pollution…

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Sustainable Bond Transparency

S&P Global Ratings Updates SPO Approach to Provide More Transparency for Sustainable Bond Market

September 14, 2023 S&P Global Ratings has updated its analytical approach for use of proceeds Second Party Opinions (SPOs) to provide more transparency to investors in the sustainable bond market. The updated approach combines important features of the methodologies of S&P Global Ratings and Shades of Green, a science-based assessment of sustainable finance projects.…

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Diversity and Inclusion

Fostering a Sustainable Future through Diversity and Inclusion

Introduction Definition of Diversity and inclusion in the Context of sustainability In the context of sustainability, diversity refers to the recognition and celebration of a wide range of human differences, encompassing aspects such as race, ethnicity, gender, age, religion, socioeconomic status, and abilities. On the other hand, inclusion involves creating an environment that values and respects these differences, ensuring…

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Ocean Carbon Capture

Singapore’s Innovative Ocean Carbon Capture Project Aims to Battle Climate Change

1 week ago In the relentless battle against climate change, innovative approaches to reduce carbon dioxide emissions have become paramount. While efforts to reduce emissions from industries and transportation continue, scientists and environmentalists are increasingly turning their attention to carbon capture and removal technologies. Among these emerging solutions, Singapore has taken a pioneering step by expanding…

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Biden's $12 billion finance

Biden Launches $12 Billion Finance Package for Automakers to Convert Factories to Produce EVs

September 1, 2023 The Biden administration on Thursday announced a financing package of more than $15 billion aimed at supporting the transition to electric vehicles, including $10 billion in loans and $2 billion in grants to help automotive manufacturers convert factories to produce EVs. Key criteria for applicants to the new program include the retention of jobs,…

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Indigenous Voices in ESG Reporting

Promoting Indigenous Voices and Perspectives in ESG Initiatives: A Path to Inclusive and Sustainable Reporting

1. Promoting Indigenous Voices and Perspectives Promoting Indigenous voices and perspectives is of paramount importance in our collective journey toward a more inclusive and sustainable future. Indigenous communities possess a wealth of knowledge and wisdom that has been cultivated over generations, offering invaluable insights into holistic sustainability and harmonious coexistence with the natural world. By amplifying…

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