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ICICI MF plants 50,000 saplings on behalf of ESG investors - The Hindu BusinessLine

ICICI MF plants 50,000 saplings on behalf of ESG investors January 15, 2021 × Each investor gets a numbered eTreeCertificate that’s geo-tagged for its location, thus letting investors know of the progress of the sapling ICICI Prudential Asset Management Company has contributed funds for planting over 50,000 saplings on behalf of its ESG fund investors. The number of planted saplings is equivalent to the number of investors who have opted to invest in ICICI Prudential ESG Fund during the New Fund Offer period, said the fund house in a statement. Post plantation, investors are provided with a certificate issued by Grow-Trees, a social enterprise which is the also the official partner of the United Nations Environment Program’s Billion Tree Campaign.

Countries must ′urgently′ adapt to climate change, UN warns | Environment| All topics from climate change to conservation | DW

Devastating floods put Nigeria s food security at risk The cost of climate adaptation About three-quarters of the world s countries have national plans to adapt to climate change, according to the report, but most lack the regulations, incentives and funding to make them work. More than a decade ago, rich countries most responsible for climate change pledged to mobilize $100 billion a year by 2020 in climate finance for poorer countries. UNEP says it is impossible to answer whether that goal has been met, while an OECD study published in November found that between 2013 and 2018, the target sum had not once been achieved. Even in 2018, which recorded the highest level of contributions, rich countries were still $20 billion short.

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