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A Roadmap for Scaling Up Renewable Energy in Island Nations: Three Success Factors for the Eastern Caribbean’s Transition from Fossil Fuels
The Eastern Caribbean has struggled in recent years, as natural disasters – combined with the COVID-19 pandemic – have caused a precipitous drop in the tourism revenues it depends on. But as Pepukaye Bardouille at the IFC explains, transitioning to renewable energy could help address this challenge, reducing the region’s cost of electricity, supporting its climate resilience, limiting its dependence on imported fossil fuels, and producing jobs outside the tourism sector. She presents three success factors for achieving this transition – insights that could also be applicable to other island nations.
- Categories
- Energy, Environment, Investing
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Africa: Unilever and GENO Launch Joint Venture for Sustainable Consumption
The joint venture will reduce Unilever's carbon footprint and improve the manufacturing of its food products.
- Categories
- Environment, WASH
- Region
- Sub-Saharan Africa
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Press Release: Coca-Cola INSWA Refreshes Its Commitment to Investing in the Planet; Announces Ambition for Net-Zero Carbon Emissions by 2050
Commemorating World Environment Day, launches Reverse Vending Machine Circularity Program for recycled PET bottles.
- Categories
- Environment, WASH
- Region
- Asia Pacific
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Press Release: Fashinza Raises $100 Million Series B to Create Sustainable Supply Chain For Global Fashion Industry
Fashinza is using the new funds to invest in supply chain technology and expand the company’s presence globally.
- Categories
- Environment, Technology
- Region
- Asia Pacific
- Tags
- e-commerce, fintech
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Global Center on Adaptation Raises $25 Billion To Support Climate Change Programmes In Africa
The Global Center of Adaptation (GCA) has raised $25billion to support climate change programmes in Africa by the 27th United Nations Climate Change Conference (COP27).
- Categories
- Environment
- Region
- Sub-Saharan Africa
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Why S&P Booted Tesla from its ESG index
Tesla is no longer up to par with environmental, social and government standards — at least not those set forth by the S&P 500 ESG Index.
- Categories
- Energy, Environment, Finance, Technology
- Region
- Global
- Tags
- e-mobility, ESG, governance, impact investing
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Redefining ‘Business as Usual’: Three Ways to Overcome Barriers to ESG and Climate Finance
Climate change imposes significant costs on the economy, and addressing the crisis is key to businesses’ long-term success and viability. But as Roger-Mark De Souza at Pact explains, despite the growing urgency of the need, the business case for moving toward sustainability – and the fact that up to 80-90% of investors want to invest in socially and environmentally friendly ways – actual green investing hovers at just 10%. He explores the reasons for the gap between investor interest and action, and proposes three ways to address it.
- Categories
- Environment, Impact Assessment, Investing
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World Bank Provides US$56 Million to Support Sustainable Blue Economy Growth in the Eastern Caribbean
The funding will support several Eastern Caribbean countries in catalyzing the sustainable economic potential of their living marine and coastal assets.
- Categories
- Environment
- Region
- Latin America
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