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"Green Bond" Standards Spring from Climate Agenda
October 20, 2017
Harald Lund and Elisabeth Lannoo of the Centre for International Climate Research describe the global efforts of international institutions, national governments, and nongovernmental organizations to set standards for "green bonds" to encourage investors, including those abiding by sharia finance rules, to divert their funds into climate-friendly projects.
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Mars Announces $1 Billion in Climate Spending
October 19, 2017
Business Insider reports that, highlighting the accelerating adoption by global companies of the UN's "sustainable development" agenda, food company Mars has announced that it will finance a "Sustainability in a Generation" campaign promoting action against climate change in the amount of $1 billion.
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Islands Plan Push for Global Climate Liability
October 19, 2017
Reuters reports that, following a series of devastating hurricanes in the Gulf of Mexico this year, island nations are likely to raise at a global climate summit in November the imposition of legal obligations on developed countries - and potentially large energy companies - to pay poor countries for damage from extreme weather events perceived to be linked to global warming.
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Germany, France Cooperate on Emissions Taxes
October 19, 2017
Reuters reports that German and French environment officials have announced their cooperation on launching "a reliable regulatory framework at European level" for encouraging renewable energy projects and raising taxes on corporate emissions of greenhouse gases.
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UNGC Summit Prioritizes Corporate SDG, Climate Action
October 19, 2017
The UN Global Compact's (UNGC) description of its recent Leaders Summit on the sidelines of the UN General Assembly meeting in September illustrates the organization's all-in approach to enhancing pressure on corporations to contribute to the fulfillment of the UN's comprehensive Sustainable Development Goals (SDGs) and to the Paris climate deal agreed in 2015.
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