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Page 14 - நிகர பூஜ்யம் சொத்து மேலாளர்கள் முயற்சி News Today : Breaking News, Live Updates & Top Stories | Vimarsana

G7 ponders increasing climate finance in build-up to COP26

G7 ponders increasing climate finance in build-up to COP26 Chancellor Rishi Sunak met with G7 finance ministers and central bank governors to discuss the role of finance in supporting the net-zero transition and implored developed nations to raise efforts to generate $100bn in annual revenue to support developing nations combat the climate crisis. Under the UNFCCC developed nations committed to financing $100bn annually by 2020, however, developed nations have failed to fulfil this commitment Chancellor Sunak hosted the meeting of finance Ministers as part of the UK’s G7 Presidency. Accompanied by Governor of the Bank of England Andrew Bailey, the Chancellor implored nations to set and progress towards net-zero targets.

Larry Fink Repeats Promises for Culture Change in Annual Letter

Sponsored BlackRock chief executive officer Larry Fink reiterated the firm’s plans to improve its diversity and inclusion in his latest annual shareholder letter.   Published on Wednesday, the letter highlights the steps BlackRock has already taken, as well as its plans to work toward net-zero emissions by 2050.   The letter comes at a pivotal time for the world’s largest asset manager. In March, Institutional Investor reported on several allegations of sexual harassment and discrimination that took place at BlackRock. That day, Fink said in an internal memo to employees that the company had retained law firm Paul, Weiss to conduct an internal review.  

Maybe The Largest Venture Capital Opportunity In History : Money Pours Into Climate-Focused Proptech

Venture capital firms this year have begun raising hundreds of millions of dollars that they plan to deploy into proptech startups aimed at taking on climate change by making buildings more sustainable.  The surge of investment, taking place across the U.S., Canada and Europe, comes as experts see multiple coinciding forces that will push developers and landlords to adopt green building technologies in the coming years.  Government action, from local building regulations to President Joe Biden s push to spend hundreds of billions on sustainable buildings, is expected to force rapid adoption of climate proptech solutions. But the movement isn t just coming from the government shareholders, lenders and tenants have been escalating pressure on landlords to make their buildings become more climate-friendly. 

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