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Moodys ESG Solutions Group: V E Provides Second Party Opinion on Italys First Sovereign Green Bond Framework and Issuance

Moodys ESG Solutions Group: V E Provides Second Party Opinion on Italys First Sovereign Green Bond Framework and Issuance
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Global Citizen Unveils Recovery Plan for the World

Look to the Stars February 26, 2021 International advocacy organization Global Citizen has launched a Recovery Plan for the World – a campaign to end COVID-19 for all and kickstart a global recovery. The Recovery Plan for the World is a year-long campaign and series of events that aims to: 1) end COVID-19 for all; 2) end the hunger crisis; 3) resume learning everywhere; 4) protect the planet; and 5) advance equity for all. “I am incredibly proud of Global Citizen’s efforts to combat the COVID-19 pandemic in 2020, but massive inequalities remain and we urgently need to ensure that COVID-19 vaccines are made available equitably. Our ‘Recovery Plan for the World’ sets a clear agenda that will inspire millions of citizens to advocate for five of the most critical health, social and economic challenges that currently face humanity, as a result of the pandemic,” said Hugh Evans, Co-Founder and CEO of Global Citizen. “A virus anywhere remains a virus everywhere, and our go

Addressing Climate Change Challenges

Ahead of the 26th UN Climate Change Conference of the Parties, the President-Designate, Alok Sharma MP, recently visited Nigeria to discuss the United Kingdom’s collaborative partnership on adaptation and action to avert climate damage. Chiemelie Ezeobi reports Climate change includes both global warming driven by human emissions of greenhouse gases, and the resulting large-scale shifts in weather patterns. Wikipedia posits that though there have been previous periods of climatic change, since the mid-20th century, humans have had unprecedented impact on earth’s climate system and caused change on a global scale. Essentially, the environmental effects of climate change are broad and far-reaching, affecting oceans, ice, and weather as has been repeatedly witnessed through earthquakes, typhoons, flooding, hurricane, snow storms, wildfires and even change in weather conditions.

Moody s ESG Solutions Group: V E Provides Second Party Opinion on Italy s First Sovereign Green Bond Framework and Issuance

(2) Moody s ESG Solutions Group announced today that Moody s affiliate V.E has provided a Second Party Opinion on Italy s sovereign green bond framework and first green bond issuance. The framework, which is aligned with the four core components of the Green Bond Principles 2018, will be used to finance budget lines reflective of Italy s environmental priorities, including renewable energy and clean transportation. In V.E s opinion, these categories are likely to contribute to seven of the United Nations Sustainable Development Goals. In our assessment, the bonds issued via this framework will provide a robust contribution to sustainability. Italy has committed to conduct due diligence on the environmental contribution of the projects that it chooses to finance. The financed expenses have clear benefits in terms of climate mitigation, climate adaptation, pollution prevention and control, transition to a circular economy, the responsible management of natural resources, and the

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