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Planet SOS

10/24/2023

Tensions soar over new fund for climate 'loss and damage' ahead of COP28

Developed countries, led by the United States, are pushing for the fund to be based at the bank, while developing nations argue this would tip the balance of power towards wealthy governments and make it hard for them to tap into the funding.

10/23/2023

Local and international beneficiaries chosen as carbon offset projects by Cazenove Capital

Through the sponsorship, Cazenove will make a monetary donation to offset the event’s scope 1, 2 and 3 carbon footprints, and to contribute to the local community.

10/23/2023

Investing in a New World - ESG considerations for settlors and trustees of Cayman Islands trusts

Examples of ESG investments include investments in businesses such as wind farms and solar power initiatives

10/19/2023

Single-use plastic ban comes into effect on Isle of Man

The legislation positions the Isle of Man as a front runner in the fight against plastic pollution and supports the Government’s net zero commitment and Biosphere status.

10/17/2023

Cricket Square Gains a Tree Thanks to Jubilee Initiative

The initiative encourages individuals, schools, constituencies and corporations to plant native and endemic plants with cultural significance as a lasting legacy of the Platinum Jubilee.

10/10/2023

Apex Group expands ESG & Sustainability offering

Announces new solutions following MJ Hudson acquisition

10/04/2023

Lift-off on £30k fund for net-zero projects

GreenSkies was set up to fund green energy initiatives throughout the UK for not-for-profit businesses, charities and community groups.

10/03/2023

Bahamas can’t pay $4bn costs for climate change

The indicative cost for The Bahamas’ identified NDC measures through 2030 is in excess of $4,000 million for mitigation and adaptation actions.

09/28/2023

Sustainable Finance Week 2023 - Day One – Six Key Takeaways

Industry stalwarts are also collaborating with new companies to test the use of satellites and AI to collect and model data on future climate risks or Scope 3 emissions.

09/27/2023

Ariel Re relaunches company’s clean-energy division

Ariel Re underwrites insurance and reinsurance products through its Syndicate 1910 at Lloyd’s of London.

09/27/2023

Vantage Group offers new protection for environmental risks

Vantage environmental coverages are written on a non-admitted basis nationwide

09/26/2023

Finance sector is urged to ‘channel inner Attenborough’

‘Channel your inner David Attenborough, but also let’s get commercial about this and find out what the real market opportunities are.

09/26/2023

Is your project riding the green wave?

Organisations need to constantly adapt and modernise while simultaneously addressing our planetary constraints.

09/22/2023

Conference urged to ‘work with nature, not against it’ on second day of Sustainable Finance Week

Discussion centred around externalities, with Richard saying: "We've known for a long time that social and environmental externalities matter from a risk perspective.”

09/22/2023

Guernsey: Captives could be a vehicle for carbon offsetting

Panellists taking part in the second session outlined a variety of new standards and disclosures in sustainable finance, and asked if this plethora of standards is driving investors towards net zero.

09/21/2023

Rewilding the environment and carbon offsets dominate discussions on first day of Sustainable Finance Week

"Solutions that run with the grain of nature are often cheaper, more durable, they work," he said.

09/20/2023

Guernsey Sustainable Finance Education Series Launched

The survey was released in February and was completed by a range of respondents across the finance sector, 64% of whom were board members or executive level management.

09/15/2023

ADB Approves Support To Expand Renewable Energy In Maldives

ADB will also provide transaction advisory support to develop public–private partnerships for solar independent power producer projects.

09/07/2023

Renewables provided 20% of peak energy demand in 2022

Statistics show the sharpest increase in peak energy demand occurred between 2016 and 2017, when it increased from 417MW to 488MW.

09/05/2023

Visits from HSBC senior team reinforce islands’ international and wealth strategy

During his visit he highlighted the islands alignment with the HSBC Group strategy in terms of international connectivity, digital innovation and ESG objectives, including supporting businesses with their transition to net zero.

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