The World Wildlife Fund (WWF) is leading a call to action, demanding biodiversity's inclusion in the primary mandates of central banks and financial supervisors.
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A Californian meat alternative company is set to enter the Chinese market thanks to a $25 million investment from C2 capital, a firm backed by e-commerce giant Alibaba Group. The move will help meet China’s growing demand for meat through sustainable alternatives.
Spanish energy developer Iberdrola has opened a call for start-ups to improve the protection of marine diversity in its offshore wind projects. The initiative highlights the sector’s trend towards increasing sustainability as the demand for offshore wind is set to boom.
After a backlash from the announcement of DR Congo’s oil auction in the country’s most important biodiversity areas, the DR Congo government has announced it will open up the auction to crypto and carbon offset companies to buy up the auction zones and halt oil exploration.
Guggenheim Investments and WWF surveyed the collection, reporting and use of ESG data in infrastructure projects and found that the sector wants standardised and simplified standards to drive capital flow.
Following the European Parliament’s approval, amendments to the EU Taxonomy approving the inclusion of nuclear and gas as sustainable investments will come into force in 2023. The debate rages on however, as inclusion could undercut the very point of the Taxonomy.