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Saudi Arabia launches 3 climate projects, carbon credit scheme at COP27

SHARM EL-SHEIKH, Egypt: Saudi Arabia’s Minister of Energy Prince Abdulaziz Bin Salman at COP27 inaugurated three new projects and a greenhouse gas credit scheme to launch next year, further enhancing the Kingdom’s action on climate change. The announcement came on the second day of the second Saudi Green Initiative Forum, held on the sidelines of the UN Climate Change
United Kingdom Saudi Arabia Sharm El Sheikh Janub Sina Cheng Lin Patricia Espinosa

China unveils ESG reporting programme in bid to catch global peers

HONG KONG (BLOOMBERG) - A new set of voluntary guidelines for Chinese companies to report environmental, social and governance (ESG) metrics take effect on Wednesday (June 1), offering a glimpse of what mandatory disclosures might eventually look like in the country. . Read more at straitstimes.com.
Hong Kong Jingwei Jia Fang Xinhai Ma Jun Susallwave Digital Technology Shenzhen National Development

The long-run effects of climate change on the corporate sector

The question of whether firms are able to adapt to a changing climate is central to understanding the long-run economic effects of climate change. This column presents evidence from Italy showing that high temperatures affect firm demography by reducing the entry of newborn firms in the market and increasing business closures, while relocation to colder areas plays a minor role. Balance sheet data reveal a dichotomy between large firms, which successfully adapt improving their profitability, and...
Service Activities Chain Networks European Corporate Governance Institute University Library Of Munich Food Service Activities Economic Geography
Source: voxeu.org

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Remarks By US Secretary Of The Treasury Janet L. Yellen At COP26 In Glasgow, Scotland: "Delivering Finance For Emerging Markets And Developing Economies"

<p><span face="times new roman,times" size="3">Thank you all for the chance to speak today.  </span></p>
<p><span face="times new roman,times" size="3">I know some of you and have met many new colleagues since I have arrived. Because the reality is, it is not common for Finance Ministers to attend a COP.  In fact, I am the first U.S. Treasury Secretary to do so.  The ...
United States France General Sustainable Finance Working Group Green Climate Fund Clinton Administration Clean Technology Fund

A climate agenda for the G20 EJINSIGHT - ejinsight.com

Luca Bergamaschi July 23, 2021 09:34 Late last year, at their summit in Riyadh, G20 leaders identified climate change as one of the most pressing challenges of the twenty-first century. “As we recover from the pandemic,” their communiqué read, “we are committed to safeguarding our planet and building a more environmentally sustainable and inclusive future for all people.” That commitment hasn’t quite materialized. To be sure, the carbon intensity of the energy supply in G20 coun...
Glasgow City United Kingdom United States France General South Africa Ar Riya

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