A recent MSCI report reveals that European sustainability funds have surged to €8 trillion under the SFDR Article 8 and 9 rules, highlighting a significant shift towards sustainable investing in the region.

The Green Climate Fund has approved a massive $2.7 billion for climate projects across several countries, including Egypt. This funding aims to support sustainable development and combat climate change on a global scale.

Britain has committed to investing up to £217 billion in cleaner energy by 2035, aiming to significantly reduce carbon emissions and transition to renewable energy sources.

The International Capital Market Association (ICMA) is set to release new guidance on sustainable commercial paper (CP) by the end of 2024. This move aims to address the growing interest in sustainable finance instruments and provide a framework for users.

A new investing framework called the “Ecological Benefits Framework” can provide a new sense of transparency and accountability in the investing industry.

Sustainability and ESG across the globe has become a massive priority to businesses. KPMG recently released their 2022 EMA ESG Due Diligence Study where they shared the results of their survey to find out what Environmental, Social, and Governance (ESG) due diligence (DD) means for dealmakers across Europe, the Middle East, and Africa. After surveying more than 150 active dealmakers the insights were profound. From struggling to define ESG DD, to division on how to integrate ESG DD into existing frameworks and strategy, all the way to seeing very clearly that ESG DD is a key priority, KPMG provides EMA dealmakers and strategy leaders with new ideas and motivation to drive forward their ESG DD capabilities. Today, Sustaira summarizes these findings for you!