Financing transition to nature-smart economies

Sem categoria

November 16, 2022

The panel will discuss investment opportunities in biodiversity finance and innovative business models to promote the protection of biodiversity and ecosystem services. Emphasis will be placed on the potential for the private sector to take a leading position in this transition through targeted investment activities.

WORLD BANK GROUP AT COP27 | LIVE FROM SHARM EL SHEIKH, EGYPT | NOVEMBER 6–18, 2022: The United Nations Climate Change Conference is expected to focus on the need to implement climate pledges, scale up climate finance, and address the adaptation needs of developing countries. COP27 will bring together leaders and national delegations, representatives from businesses, multilateral institutions, civil society and youth. Follow a series of high-level conversations live from the World Bank Group pavilion at the 27th United Nations Climate Change Conference in Sharm El Sheikh.

Brazil looks to start-ups in battle to reforest the Amazon

July 4, 2024

Companies are replanting millions of hectares and generating revenue through carbon credit sales

Read on Financial Times

Canada Pension Joins Startup at $100 Million Reforestation Fund

July 4, 2024

Canada’s largest pension fund has joined a project to produce carbon credits by planting more than 100 native tree species on degraded land in Brazil’s Amazon region.

Read on Bloomberg

McLaren buys carbon credits in quest for net zero

July 4, 2024

SAO PAULO/LONDON, Nov 30 (Reuters) - McLaren Racing has agreed to purchase carbon credits from reforestation projects in Brazil's Amazon rainforest and CO2 removal initiatives in Britain and the U.S. as part of its bid to achieve net zero emissions by 2040, the team said on Thursday. McLaren competes in Formula One and the IndyCar Series, with emissions coming - in addition to motor racing itself - from activities such as air travel, with Formula One set to race 24 times in 22 different countries next year.

Read on Reuters

A Long-Shot Climate Bet Suddenly Turns Hot

July 4, 2024

One carbon removal method uses giant fan-like devices to pull carbon from the air

Read on Wall Street Journal

Can Forests Be More Profitable Than Beef?

July 4, 2024

Cattle ranches have ruled the Amazon for decades. Now, new companies are selling something else: the ability of trees to lock away planet-warming carbon.

Read on The New York Times

World Bank to issue bond to boost Amazon reforestation

July 4, 2024

SAO PAULO, June 13 (Reuters) - The World Bank said on Tuesday it will issue a new bond expected to raise some $200 million to support its sustainability activities and reforestation in Brazil's Amazon, and has chosen HSBC (HSBA.L), opens new tab to structure the transaction. The principal-protected bond will support the World Bank's sustainable development activities and provide financing for reforestation projects selected by Brazilian startup Mombak through the foregone coupon payments.

Read on Reuters

Read more