The contributions of the world's biggest philanthropic foundations are important, but have unintentionally deterred more high net worth individuals from stepping up to give, says an executive from Asia's largest network of social investors.
Financial institutions are 'underperforming' in lending to aquaculture, which is perceived to be too risky, said experts at the Indonesia edition of the Unlocking capital for sustainability forum.
The International Capital Market Association’s guidelines clarify how green and sustainability-linked bonds can credibly be used to finance projects to meet the Global Biodiversity Framework’s goals to halt and reverse nature loss by 2030.
In a bid to close the US$1.3 trillion climate finance gap without adding to global debt burden, governments from Asia, Africa and Europe are joining forces to issue shared guardrails for the corporate use of offsets by COP30.