Our Scans · (FS.9.00) Sustainable & Green Finance · Weekly Summary

• [New] Countries' NDCs, due by early 2025 remain a critical opportunity to lay out ambitious, investable, nature and people-positive plans to reduce emissions, increase resilience and drive sustainable development. Climate Champions
• [New] As countries finalise their climate and adaptation plans in early 2025, non-State actors stand ready to support ambitious, investable, nature - and people-positive plans to reduce emissions, increase resilience and drive sustainable development. Climate Champions
• [New] Investment Opportunities: By diversifying into renewables, Azerbaijan can attract investments, as seen with countries like Saudi Arabia, using sovereign wealth funds to boost green projects. PMF IAS
• [New] The federal government will direct the Future Fund, Australia's public wealth fund which is about one-tenth the size of its economy, to invest in housing and the green energy transition where profitable. ABC News
• [New] Key agreements include a partnership with China to promote cooperation on renewable energy projects, sustainable development, and emission reductions, with an investment potential of $2 billion. EurActiv
• [New] The Reserve Bank of India has announced plans to issue Rs 200 billion in sovereign green bonds in four equal tranches during the second half of fiscal year 2024-25. Renewable Watch
• [New] With UAE investment already playing a crucial role in Australia's infrastructure and housing markets, CEPA's provisions are poised to unlock even more opportunities, particularly in green energy, renewable technologies, and advanced sectors like AI and data centers. Middle East Briefing
• [New] At the high-level gathering, GCA underscored the urgent need for global leaders to sustain momentum towards the doubling of climate adaptation finance and to channel it to at risk communities, emphasising that sustained support is vital for locally led solutions. Daily News
• [New] There is a strong belief that tackling climate change can drive economic benefits; 88.2% of respondents see the potential for green jobs and increased investment in renewable energy as opportunities for Sri Lanka to boost its economy. Climate Fact Checks
• [New] Policy frameworks, such as carbon pricing, subsidies for renewables, and investment in green technologies, will play a critical role in steering the global economy towards a more resilient and low-carbon energy future. Scirp
• [New] Funding will enhance on-site solar photovoltaic systems, reduce emissions, and meet federal sustainability targets by Fiscal Year 2028. Energy.gov
• The UK government will publish a strategy for financial services in spring in 2025, focusing on fintech, sustainable finance, asset management, insurance, an capital markets. FinExtra
• To unlock India's potential for sustained economic growth, it is essential to improve the ease of doing business, simplify trade and labour regulations, and increase investments in infrastructure. EDUREV.IN
• With bold investments and good planning and design, cities offer immense opportunities to slash greenhouse gas emissions, adapt to the effects of climate change and sustainably support urban populations. UN News
• The ability to integrate technology, develop innovative investment solutions, and demonstrate leadership in sustainable investing will likely determine competitive success in the coming decades. The Brand Hopper
• Investment in renewable energy is expected to grow by approximately 25% by 2025, creating further opportunities for infrastructure providers to integrate sustainable solutions into their offerings. Credence Research
• Northern Ireland's energy transition offers huge potential for economy, creating the investment and green jobs of the future, while also enabling a cleaner, more affordable and more secure energy future for everyone. BelfastTelegraph.co.uk
• Tajikistan's private sector could play a crucial role in green investment in energy, industry, and agriculture, but significant institutional reforms are needed to unlock private capital. ReliefWeb
• Under UNDP's global Climate Promise project, Kosovo is addressing the challenges of climate change, primarily through energy, adaptation, and resilience - as well as scaling up innovation to create opportunities for further investment in green transition. UNDP
• The EU must sustain its investments to achieve the proposed 2040 target of a net 90% greenhouse gas emissions reduction and to ensure a smooth transition to a competitive, net zero economy. Climate Action
• Seven Indian cities have or will soon be issuing green municipal bonds to fund water treatment, renewable energy and sustainable infrastructure projects toward climate action. Last Week in ConTech

Last updated: 26 November 2024