The need to elevate developing countries at COP26 COP26 Climate Change Summit began yesterday, the 1st of November. The most developed nations continue not to meet their commitments. Meanwhile, poorer countries — notably in Africa — face an urgent need to increase energy access, and need international support to make that energy green. “We all know we have to go clean and greener, I don’t think there’s any question about that. But how do you practically do it? And how do you make sure it’s a real, just transition, knowing that every country is going to transition differently?” said Damilola Ogunbiyi, chief executive of the UN-backed group Sustainable Energy for All, and co-chair of the UN-Energy inter-agency mechanism.
Impact investing conference focuses on development in Africa "Investors and social entrepreneurs from across the globe met up online for a three-day conference to create connections and work toward a more humane, just, and sustainable economy. Participants in the SOCAP conference hail from countries around the world and from all walks of life, including social entrepreneurs, investors, foundation and non-profit leaders, government and policy leaders, creators, corporations, and academics." READ MORE
Business leaders join UN chief to step up action for sustainability
The GISD (Global Investors for Sustainable Development) Alliance, met with the UN Secretary-General Mr. Guterres in New York to outline concrete actions for the future. Since October 2019, they have been working with the UN and other partners to develop guidelines and products that align the existing finance and investment ecosystem, with the Sustainable Development Goals (SDGs). The group works through increasing long-term investment for sustainable development, realizing SDG investment opportunities in developing countries, and enhancing the impact of private investment in areas such as Net Zero Sustainability and Measuring Impact. GISD will launch a net-zero Exchange Traded Fund (ETF) and a blended finance fund creating real life opportunities to finance the SDGs.
Green Investing Looks to Clean Up the Maritime Industry "First bonds went green. Now they are going blue. Seaspan Corp. , the world’s largest containership lessor by cargo-carrying capacity, sold nearly $1 billion of so-called blue bonds earlier this year that sought to entice new investors by promising to fund vessels that will lower emissions and pollution at sea." READ MORE
New ‘stewardship economy’ concept promises environmentally sustainable market systems The “stewardship economy” a new concept of environmental management with the reform of supply and value chains, ensures that people harvest resources from the natural world for themselves and international markets. The global scientific community has deemed this practice necessary to be able to achieve emissions reductions and the Sustainable Development Goals.
Business unity in Africa: Supporting the Africa Shared Value Leadership SummitAfrica Shared Value Leadership Summit lends its voice to profit with purpose movement. Across the world, the Shared Value community continues to grow as more companies become aware of the importance of not just purpose but how an organisation is able to deliver on its purpose through Shared Value.