Abu Dhabi Global Market becomes world's first carbon-neutral international financial centre
ADGM purchased and retired all its 2021 carbon credits via the Rimba Raya project in Indonesia.
Source: gulfbusiness.com
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Emirates News Agency - ADGM becomes first "carbon neutral" International Financial Centre in the world
ABU DHABI, 19th January 2022 (WAM) – Abu Dhabi Global Market, the leading International Financial Centre in Abu Dhabi, today announced that it had achieved a "carbon-neutrality" status by offsetting its 2021 carbon emissions as an organisation, thereby reinforcing ADGM’s commitment to building a progressive and more sustainable economy, and in addition, positioning ADGM as the first IFC in the world to be "carbon neutral." This development came following ADGM’s recent decision to transform the 4th edition of Abu Dhabi Sustainable Finance Forum (ADSFF) into...
Source: wam.ae
EU green taxonomy becomes law, gas and nuclear postponed
The first two chapters of the EU's sustainable taxonomy have passed - but the future of the ambitious labelling system for green investment is far from certain.
Source: euobserver.com
Finance in Africa report finds that banks want to move faster into green lending
Banks in Africa see green finance as an attractive opportunity, but only about 10% have started creating products to serve this market, according to an EIB report
Source: eib.org
DBS Bank joins Hedera blockchain's governing council
Council members are allotted three years to serve, extendible for two terms.
Source: cointelegraph.com