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MDBs introduce framework for measuring climate results at COP28
By Globe Banner | Nov 12, 2024
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
By Globe Banner | Nov 12, 2024
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
By Globe Banner | Nov 12, 2024
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
By Globe Banner | Nov 12, 2024
The World Bank has introduced its Methane Reduction Blueprint at COP28, aiming to address methane emissions through various national programs.
World Bank aims for climate-friendly shift in global subsidy practices
By Globe Banner | Nov 12, 2024
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
By Globe Banner | Nov 12, 2024
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
By Globe Banner | Nov 12, 2024
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
By Globe Banner | Nov 12, 2024
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
By Globe Banner | Nov 12, 2024
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
By Globe Banner | Nov 12, 2024
The World Bank Group has released a summary report on the Country Climate and Development Reports (CCDRs), which were introduced in 2022.
AIA China expands with new branch approval in Chongqing
By Globe Banner | Nov 12, 2024
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
By Globe Banner | Nov 12, 2024
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
By Globe Banner | Nov 12, 2024
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
By Globe Banner | Nov 12, 2024
Multilateral development banks (MDBs) have announced plans to increase climate financing efforts at the COP29 summit in Baku.
Morgan Stanley invests $20 million in fintech firm NovoPayment
By Globe Banner | Nov 12, 2024
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
By Globe Banner | Nov 12, 2024
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.
thyssenkrupp adopts Siemens' AI copilot for enhanced engineering processes
By Globe Banner | Nov 12, 2024
thyssenkrupp Automation Engineering has adopted the Siemens Industrial Copilot, integrating it into their operations to improve productivity and address challenges such as competitive pressure and a shortage of skilled labor.
World Bank introduces BCG+ model for sustainable development in Thailand
By Globe Banner | Nov 12, 2024
Thailand is facing significant climate change challenges, prompting the introduction of a new model to bolster its green agenda.
BlackRock and MAS collaborate on decarbonization investment opportunities in Asia
By Globe Banner | Nov 12, 2024
BlackRock and the Monetary Authority of Singapore (MAS) have announced a joint initiative to explore investment opportunities in decarbonization across Asia.
World Bank increases commitment to climate finance at COP28
By Globe Banner | Nov 12, 2024
At the recent COP28 summit, the World Bank Group announced a significant increase in its climate finance allocation.