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4 giorni fa · 22 May 2024. In recent years, banks have increasingly embraced net zero commitments as part of their strategy to address climate change. This column finds limited evidence to suggest that net zero commitments lead to significant reductions in financed emissions or substantial increases in financing for sustainable activities.
4 giorni fa · Wealthy countries sent climate funding to the developing world in recent years with interest rates or strings attached that benefited the lending nations, a Reuters data analysis found.
4 giorni fa · This blog post delves into five themes that our multilateral organisations mutually face in 2024 and beyond. 1. Keeping momentum in the green transition. With 2023 the hottest year on record, focus and momentum on the green transition is needed now more than ever.
4 giorni fa · At the Italy-Africa Summit in January, Italian Prime Minister Giorgia Meloni pledged to be Africa’s friend and envoy at the G7, and we remain confident that she and other well-meaning G7 leaders will deliver the keys to unlock the financing that Africa needs. A fair financial system would grant all countries equal access to equity.
3 giorni fa · When and how does sustainable finance tangibly contribute to creating a better world? In this paper, we outline mechanisms through which impact on sustainability outcomes is transmitted from financial systems to the real economy. We argue that, to have a positive impact on sustainability outcomes, financial institutions must make a clear contribution to: (1) reducing (increasing) the cost of ...
5 giorni fa · The world faces a shortage of babies. Among rich countries, only Israel is having enough children to stop its population from shrinking, and in most places birth rates are falling (see charts 1 ...
3 giorni fa · The majority of Japan’s financial assets, they note, are held by the over-60s; the employment rate for those aged 65-69 reached 50 per cent for the first time in 2021; the public pension payouts ...
