The progress of China’s carbon trading market has been disappointing, with volume and turnover lagging Europe’s market, Zhang Jinbai of Towngas Smart Energy says


South China Morning Post

China must set a clear timetable to expand carbon market to achieve climate goal as progress has been disappointing, expert says

An influential climate panel tasked with guiding the creation of a new global carbon market has sparked widespread concern in the nascent carbon removal industry, after it cast doubt on whether it would be counted as a carbon offset.



Axios

Key UN climate panel casts doubt on future of carbon removal tech

The country aims to register projects generating the offsets on a carbon registry at its dollar-denominated Victoria Falls Stock Exchange, according to a pamphlet from the organizers of a state-backed conference, the Africa Voluntary Carbon Markets Forum, scheduled from July 3-9 in the resort of Victoria Falls

Bloomberg

Zimbabwe Bids to Be Africa’s Carbon Credit Trading Center

Alaska’s push to become a bigger player in the clean energy market is in the spotlight at a conference convened by Republican Gov. Mike Dunleavy



US News

'Leap of Faith:' Alaska Pursues Carbon Offset Market While Embracing Oil

An improved savannah fire management method for earning carbon credits is a priority for federal Labor, along with the release of once-secret data to restore public confidence.



South Coast Register

'Crunch time' for integrity of Australian carbon market

Mahmoud Mohieldin, UN climate change high-level champion (HLC) for Egypt, stated that carbon markets should not only be utilized to reduce emissions, but also to fund climate change adaptation and mitigate losses and damages.

Ahram Online

Carbon markets should fund adaptation, loss and damage: Mohieldin

he International Energy Agency does not expect moves by G7 nations to counter the evasion of price caps on Russian energy will change the supply situation for crude oil and oil products, the agency’s executive director, Fatih Birol, said. 

Al Arabiya

 IEA says crude supply won’t be affected by stricter price cap enforcement

The Brazilian Senate approved legislation that amends rules relating to public forest concession contracts and, significantly, now allows the use and commercialization of carbon credits.

JD Supra

Brazilian Congress Approves Legislation Aiming to Stimulate Carbon Credit Markets

A carbon credit marketplace could help India achieve its climate goals by incentivising companies that decrease emissions.

BQ Prime

India's Growing Carbon Credit Landscape

Carbon market trading has long been rated as one of the most effective policy instruments for reducing carbon emissions. Why?



Otago Daily Times

Helping carbon markets reduce emissions

The trading of carbon credits can help entities and the world meet their climate goals by cutting carbon emissions and practicing sustainable business. While some companies have various means to get rid of their footprint, many simply don’t have any at their disposal. And so using carbon credits is a necessity for them.

Carbon Credits.com

Carbon Credits and the Future of Sustainable Business: Exploring Best Practices

Adverts that claim products are carbon neutral using offsets are to be banned by the UK’s advertising watchdog unless companies can prove they really work, the Guardian can reveal, as Gucci becomes the latest company to struggle with a high-profile environmental commitment based on offsetting.

The Guardian

Adverts claiming products are carbon neutral by using offsetting face UK ban

The European Parliament voted late last week to support new rules to improve product durability and combat greenwashing

edie

EU Parliament votes to clamp down on carbon-neutral claims backed by offsetting

As world’s third-largest emitter India is on track to reach net zero by 2070 and set to launch a robust and credible domestic carbon market next month, experts say high-integrity carbon credits can attract more investment in India into technology and nature-based climate solutions.

The Meghalayan

India set for domestic carbon market in June

“The EPA is calling the bluff on the power industry.”

Grist

Is carbon capture viable? In a new rule, the EPA is asking power plants to prove it.

To meet the 1.5°C goal of the Paris Agreement, the global energy system needs a structural transformation to reduce emissions to as close to zero as possible.

Unlocking the potential of direct air capture: is scaling up through carbon markets possible?

India is set to develop a carbon trading scheme for decarbonisation, designed to enhance the country's energy transition by pricing Greenhouse Gas (GHG) emissions.

Economic Times

Power, environment ministries to develop carbon credit trading scheme for decarbonisation

Despite the valid criticisms that have surfaced about the voluntary carbon market, carbon finance is playing a critical role in catalyzing a just and equitable transition to a green global economy.

ImpactAlpha

How carbon credits are driving down the costs of climate-friendly goods in Africa

Companies in a range of sectors are spending hundreds of millions of dollars on carbon removal credits, as they bet on the development of the carbon capture industry.

World Economic Forum

Carbon-removal credits are attracting increased attention. What you need to know about the global energy transition this week

Mispricing across voluntary carbon markets offers strong returns potential for investors looking to support the pathway to net zero.

FinanceAsia

Carbon Growth Partners targets 20% IRR from carbon markets

Sustainable Finance | Carbon Market

Microsoft has sought the formation of a new US agency to govern AI while expressing its concerns over the safety and security aspects of the latest technology and laid out a blueprint for public governance of AI.

Computer World

Microsoft seeks US agency for AI governance, lays out strategy

With AI and robotics and generative AI we are at an interesting intersection of human vs. machine assuming roles of a CEO.

Forbes

How Should CEO’s Embrace AI Or Will AI Assume CEO Roles?

Iowa Republican Gov. Kim Reynolds signed a bill into law Friday that rolls back child labor protections by extending the hours that teens can work and the establishments where they can be employed.

Iowa governor signs bill rolling back child labor protections into law

The federal government has made a push toward enacting policies addressing climate change in recent years, but state lawmakers in Montana are bucking the trend, recently passing a law curbing climate impact reviews in the state.


ABC News

Montana’s new law banning climate impact reviews sparks backlash from environmental experts

Today, Human Rights Congress for Bangladesh Minorities (HRCBM), an NGO in special consultative status with ECOSOC of the United Nations, filed a public interest litigation (PIL) against government of Bangladesh alleging the countenance of state apparatus in the genocidal crime against minorities in Bangladesh.

EIN News

Genocidal Crime Against Minorities in Bangladesh: HRCBM files lawsuit against government of Bangladesh

A series of free classes are underway in the Tampa Bay region to teach members of the LGBTQ+ community self-defense skills. It comes as Florida implements new laws that target their rights, and as the Department of Homeland Security warns threats of violence have increased against the LGBTQ+ community nationally.

WLRN

Some LGBTQ Floridians are taking self-defense lessons amid a hostile political climate

     
It’s a consumer’s world, brands are just selling in it. With endless options, companies no longer hold the power they used to over their customers. Now, loyalty must be earned, more importantly,  maintained. Breaking customer trust can destroy decades of company growth in a matter of hours — making corporate social responsibility (CSR) a requirement.

Tech Bullion

 Corporate Social Responsibility: Best Practices to Survive and Thrive in Today’s Dynamic Environment

The FRC announced it has launched the consultation in response to the UK government white paper Restoring Trust in Audit and Corporate Governance, which flagged potential areas for reform with a focus on directors’ responsibilities for internal control, risk, audit and corporate reporting.


ESG Clarity 

FRC consults on update to UK corporate governance code

FIVE new countries should be added to the United States government’s list of countries with severe and worsening restrictions on religious freedoms, a commission on religious freedom has said. The recommended countries, which include Nigeria, India, and Vietnam, would join 12 others designated in November as being of particular concern for repression of religious freedom under the International Religious Freedom Act.

Church Times

US government urged to act on severe restrictions on religious freedom

Louisiana Attorney General Jeff Landry sued the Biden administration over so-called environmental justice actions targeting his state's petrochemical industry in a federal lawsuit late Wednesday.

Yahoo News

Republican state sues Biden admin over environmental justice actions: 'Dystopian nightmare'

The Department of Homeland Security issued a warning on Wednesday stating the U.S. LGBTQ community is currently facing an increased risk of extremist violence.

Chron

LGBTQ community facing increased threat from extremists, DHS warns

The findings complement a growing body of research that highlights the important influence women can have in effective and efficient management of both natural resources and agricultural pursuits.

Premium Times

Women decision-makers can improve conservation and agriculture, study shows

An alliance of major labor groups in the Philippines called on government to work with representatives in their sector on upholding the right to organize, noting that a recently approved government task force lacked participation from workers.

Business World

Labor groups want part in task force on rights

Last week, the Biden Administration released its updated guidance on prayer and religious expression in public schools. In the past, the purpose of this guidance was to provide clarity on the exercise of religious freedoms in the school setting and to extend the greatest protection possible for these freedoms. 

American Center for Law and Justice 

Biden Administration Undermines Religious Liberty, Removing Important Guidance and Protections in Its Updated Memorandum on Religious Freedom in Schools


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	The Ada Lovelace Institute is concerned that Chris Philp, the policing minister, is considering (Report, May 16) expanding police use of facial recognition, including integration into body-worn cameras. The use of biometric data, such as our faces, fingerprints and voices, raises significant legal, ethical and societal risks. This uniquely personal data can be used not only to identify, but also to categorise and classify, inferring characteristics such as gender and race.



Financial Times

Danger of growing use of biometric data is staring us in the face

In a unique collaboration set to enhance the availability of Arabic digital content, the Pearl Initiative, a business led non-profit organisation that promotes accountability in the Gulf region’s private sector has signed a memorandum of understanding with Majarra, the UAE-based Arabic content platform to advance the availability of Arabic-based information relating to corporate governance in the region.

Zawya

The Pearl Initiative Partners with Majarra to publish top Arabic content on corporate governance

A new U.S. congressional committee on China approved reports on Wednesday pushing back on Beijing over its treatment of Uyghurs and other ethnic minorities and seeking to deter the initiation of a conflict with Taiwan, hoping some of its recommendations become law this year.

Reuters

US House China panel recommends Congress take action over Taiwan, Uyghurs

Minorities, immigrants and now members of the LGBTQ community are being warned of the risks of visiting Florida after the nation’s largest LGBTQ advocacy group issued a travel advisory following newly passed laws and policies that may be harmful to people in those communities.

The nation’s largest LGBTQ advocacy group joins others in warning people about visiting Florida


Many advice firms remain confused about the “art of sustainable investment”. Building sustainability into their advice is more difficult than it should be. Hopefully, regulation and industry momentum will rectify this in time. We all know, however, that time is most definitely of the essence.


Financial advisers are crucial in helping clients understand sustainable investing

Chris Caldwell of United Renewables and Tom Gosling Meet to discuss ESG


Globe Newswire

ESG Targets: Are They Doing More Harm Than Good?

Sustainable Finance | ESG

At present, a number of securities regulators are focused on whether the sustainable finance claims are accurate and whether investors have the information they need to evaluate sustainable finance products. Retail investors, in particular, need to be able to easily understand the characteristics of such products, as well as the associated risks, to support a more informed investment decision-making process.



Sunday Observer

Green bonds gain traction in in Sri Lanka

Jordan Kuwait Bank has issued the country's first green bond, a key milestone for sustainability-driven capital investments in the country

Euromoney

Is Jordan ready for sustainable finance?

The final group will focus on technology to facilitate the adoption of sustainable finance, including piloting digital green bonds.

Responsible Investor

ESG round-up: Singapore & China launch joint green finance taskforce

The Reserve Bank of India, in a very progressive move, became one of the first central banks to issue a framework for acceptance of ‘green deposits’. The intent behind green deposits and green bonds is to raise funds that will be used only for financing ‘green projects’.


Green Deposits: Should RBI Mandate Climate Change Norms?  

Australia will launch a sovereign green bonds programme next year as well as develop a sustainable finance taxonomy, in a bid to encourage greater, more transparent private sector investment in the energy transition.

Carbon Pulse

Australia to launch sovereign green bonds programme, develop sustainable finance taxonomy  

Impact investments in the bond world are becoming very specific.



Barron's

Future Returns: The Expanding Realm of Impact Bonds

Culture wars over environmental, social and governance factors used by pension fiduciaries are in the spotlight, but it’s the municipal bond arena where long-term analysis must trump short-term symbolic politics. Sustainability actually matters to investors.


Governing

Does ESG Matter in Public Finance? It Depends

Renewable energy stocks are positioned to benefit from the shift toward a greener economy



Investor Place

3 Thrilling Renewable Energy Stocks for Aggressive Investors to Buy

Reflecting growing demand for funds, the Mizuho group expects such investments and loans to reach about 20 trillion yen in fiscal 2022. 

Market Screener

Japan Index Extends Oil-led Rally; Mizuho Boosts Sustainable Finance Goal to 100 Trillion Yen

The EU reached an agreement to establish a green bond standard; the UBS Chief Investment Office (CIO) believes this creates an attractive sustainable fixed income landscape in line with official regulations.



EU establishes a green bond standard

Between Sustainable Finance Disclosure Regulation (SFDR) chaos and heated ESG debates, sustainable asset allocation has become an increasingly sensitive issue for investors.

ETF Stream

The best impact thematic: Rize ETF’s impact 100 vs DWS’s global SDGs

Cyprus joined the sustainable bond markets issuing its inaugural ten-year eco bond for €1 bln with a coupon of 4.125% and a reoffer yield of 4.219%, the Finance Ministry’s Public Debt Management Office announced.

Financial Mirror

Cyprus issues first €1 bln sustainable bond

A new kind of environmentally focused investment – known as transition finance – is poised for a boom in China that will dwarf its 25 trillion yuan (S$4.8 trillion) green debt market.


The Business Times

China’s green debt pioneer says transition market is bigger

It has become fashionable for governments to issue “green” bonds to fund the transition to sustainability. However, sovereign green bonds as currently designed have next to no real effects.

ProMarket

Are Sovereign Green Bonds Anything More than a Fad?

Our theme on Renewable Energy Stocks – which includes U.S.-based solar panel manufacturers, lithium miners, and hydrogen fuel cell producers – has gained about 2% year-to-date in 2023, compared to the S&P 500 which remains up by about 4% over the same period. 

How Are Green Energy Stocks Faring This Year?

Sustainable funds that invest based on factors such as companies’ carbon footprints and workforce diversity attracted new investment in 2022, despite a broad market selloff that punished many sectors.

The Wall Street Journal

Sustainable Funds Dodged Outflows in 2022 Market Rout

Lawmakers in the European Parliament and the European Council have unveiled an agreement on the creation of standards for European Green Bonds.

Fintech Global

European lawmakers secure agreement on green bond standards

New rules could sharply reduce the volume of bonds that qualify for a green label, say analysts.

Brussels clamps down on 'greenwashing' in bond market

The details of the transition towards climate-change-related finance will require deft handling

Business Standard

Enter the green age: The financial journey cannot be full of potholes

The climate challenge is huge, containing the rise of global temperature below 1.5 degrees Celsius, and needs both innovation and cooperation

Climate finance: Jumping on the green bondwagon

Sustainable Finance | Stock and bonds

Startups perform an increasingly important role in global and local economies by driving technological developments and shaping the modern world

Techpoint Africa

The future of startup funding: Why product and consumer sustainability are key to long-term success

Fintech — traditionally Europe’s best-funded sector — hasn’t been immune from the recent downturn. The sector raised $2bn in the first quarter of this year, just a fifth of what it managed in the same period a year ago


sifted

The climate fintechs gaining VC attention

A group of 23 venture capitalist firms in the US and Europe has formed an alliance to push startups to set greenhouse gas emission targets from the outset.



S&P Global

Venture capitalists join net-zero alliance as climate tech investments grow

Big money is flying toward startups promising to help build a carbon-free future. But horizon-scanning investors around the world aren’t backing yesterday’s innovations like solar and wind. Instead, they’re pouring $1.1 trillion into a new wave of climate technology. 



Climate Investors Are Spending $1.1 Trillion on the Next Green Thing

In the small town of Tangerang, just outside Jakarta, two women saw an opportunity to turn the local waste management problem into a business.



Catalyzing private capital for solutions to the plastic pollution crisis

The collapse of SVP has impacted VC players and this is unravelling still. But there is an opportunity in the midst of crisis. And India should seize it.


Business Today

India: How Silicon Valley Bank collapse can pave the way for local players

Rather than impeding the clean-energy race, the recent collapse of the US start-up community's go-to bank offers valuable lessons for managing the public-private minuet that the net-zero transition requires. The doomsayers are missing the bigger picture.



Project Syndicate

Will the Banking Busts Hurt Clean Tech?

When local start-up KoolLogix needed an injection of funds to complete a new test lab facility to test its heat removal solutions for data centres, it turned to Enterprise Singapore (ESG).

The Straits Times

Singapore: Firms tapping local green financing scheme as demand for sustainable solutions increases

In this article, we xplore the role of blockchain in impact investing and how it can help drive positive social and environmental outcomes.

Devdiscourse

The Role of Blockchain in Impact Investing

Brendan Hermalyn started a company in 2021 to reduce carbon emissions from buildings by making a special filter, one that captures greenhouse gases and converts them into a powder that can be recycled

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