Archive

People Moves, 21 June: GEF, TNFD, GRI, S&P Trucost, UBS ... and more

Global Biodiversity Fund put into operation

The 'landmark' Global Biodiversity Framework Fund was put into operation over the weekend, with Spain becoming the latest government to commit capital to the fund.

Global Environment Facility earmarks $1bn for nature

COP28: Sovereign sustainability-linked finance task force launched

Eight development banks and financial institutions have launched a technical task force to support the development and growth of the sustainability-linked finance market for sovereign issuers to achieve global climate and nature goals.

Mirova: Biodiversity certificates need clear system to avoid greenwashing

A clear system for biodiversity certificates - also known as biodiversity credits - is needed to help avoid the risk of 'greenwashing', an executive at Mirova has said.

GEF commits $15m to Food Securities Fund

The Global Environment Facility (GEF) has approved a $15 million commitment, provided through Conservation International, to the Food Securities Fund, which aims to support increased transparency and accountability in agricultural value chains.

Pakistan explores issuing first sovereign 'nature performance bond'

Pakistan could become the first sovereign to issue a nature performance bond, it has been revealed.

Global banks supply $800m a day to plastics supply chain

The amount of money that banks have pumped into the global plastics supply chain has been tracked in a new report

Cities and climate change - the funding gap

Green bonds are among the tools available to cities as they look to raise the trillions needed to fund their sustainable growth, says Cecilia Reyes

New fund could mobilise up to $100m for clean energy in developing countries

The Global Environment Facility (GEF) has kick-started a fund to finance low-carbon energy assets in developing countries, which it says could leverage more than $100 million.