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Integrating natural capital accounting helps tackle biodiversity loss

Biodiversity is a vital resource for the livelihoods of millions, playing a crucial role in job creation, food security, climate resilience, and inclusive growth.


MDBs introduce framework for measuring climate results at COP28

The Multilateral Development Banks (MDBs) have taken a significant step towards improving the measurement of climate results.


KfW IPEX-Bank boosts funding for Voltera's US electric vehicle charging expansion

KfW IPEX-Bank has announced a $50 million financing deal for Voltera, a company focused on developing and operating charging infrastructure for zero-emission vehicle fleets in the United States.


MDBs unveil new framework for measuring climate action results

The Multilateral Development Banks (MDBs) have unveiled a new framework to measure climate results, fulfilling a commitment made at COP28.


World Bank launches blueprint targeting major methane emission reductions

The World Bank has introduced its Methane Reduction Blueprint at COP28, aiming to address methane emissions through various national programs.


General Council schedules meeting for director-general selection

The Chair of the General Council has announced a meeting to discuss the selection of the next Director-General.


World Bank aims for climate-friendly shift in global subsidy practices

The World Bank has announced its ongoing efforts to redirect harmful energy and agricultural subsidies towards more climate-friendly outcomes.


ING updates on share buyback progress with over 11 million shares repurchased

ING has provided an update on its ongoing €2.0 billion share buyback programme, which was initially announced on October 31, 2024.


Tony Hsieh releases memoir ahead of Fubon Senior Open

On the eve of the 2024 Fubon Senior Open, Tony Hsieh, a celebrated figure in Taiwanese golf, launched his memoir reflecting on his 60-year career.


DEG invests €23M for solar projects enhancing Senegal's rural power supply

The rural region of Casamance in southern Senegal faces significant infrastructure challenges, with many households lacking connection to the power grid.


FSB releases progress report on climate-related disclosure standards

Jurisdictions have made strides in implementing the International Sustainability Standards Board (ISSB) disclosure standards, aiming to enhance interoperability with other sustainability frameworks and develop global assurance and ethics standards.


World Bank emphasizes people's role in tackling climate change impacts

The World Bank Group has released a summary report on the Country Climate and Development Reports (CCDRs), which were introduced in 2022.


WTO seeks member feedback on new e-commerce workplan

The World Trade Organization (WTO) is seeking input from its members on a proposed workplan for e-commerce.


AIA China expands with new branch approval in Chongqing

AIA China has received the green light to establish a new branch in Chongqing.


World Bank launches roadmap at COP28 targeting high-integrity carbon markets

The World Bank has launched the Carbon Markets Engagement Roadmap at COP28, aiming to expand high-integrity carbon markets and mobilize finance.


Consumer confidence rises amid steady interest rates from RBA

Consumer confidence has shown a slight increase, rising by 0.2 points to reach 86.7 points last week.


Development banks announce increased climate finance goals at COP29

Multilateral development banks (MDBs) have announced plans to increase climate financing efforts at the COP29 summit in Baku.


Côte d'Ivoire announces initiatives to boost climate finance at COP29

The Government of Côte d'Ivoire has unveiled a series of initiatives aimed at enhancing climate financing, as announced at COP29 in Baku.


Morgan Stanley invests $20 million in fintech firm NovoPayment

Investment funds managed by Morgan Stanley Expansion Capital have announced a $20 million investment in NovoPayment.


World Bank supports new fund addressing climate change loss

At the recent COP28 summit, the World Bank pledged to support the establishment of the Fund for Responding to Loss and Damage (FRLD) as a financial intermediary fund.