Lívia Machado Costa New report shows that companies from Brazil and abroad are sieging sites of interest, even where mineral extraction is prohibited he search for new mining areas is expanding into Brazil’s indigenous territories, amid rising mineral revenues and exports, as well as incentives from Jair Bolsonaro’s government, a new report has revealed. In total, 570… Continue reading Mining companies seek to expand into Brazil’s indigenous territories
Tag: Financing
COP26: What was agreed at the Glasgow climate talks?
Christopher Davy The Paris rulebook has been finalised, the focus has been put on cutting emissions this decade, but developing countries are left dissatisfied on finance After running over by a day, negotiators at COP26 finally reached agreement on a “Glasgow climate pact” on 13 November. The two weeks of tense talks had focussed on… Continue reading COP26: What was agreed at the Glasgow climate talks?
Two Indian banks linked to ecosystem destruction
Soumya Sarkar Although top global banks are bankrolling biodiversity loss and ecosystem destruction at an unprecedented scale, the finance sector has largely evaded scrutiny till now At least 50 global banks invested more than USD 2.6 trillion in 2019 alone in projects identified as drivers of biodiversity loss that include agriculture, forestry, mining, fossil fuels,… Continue reading Two Indian banks linked to ecosystem destruction
The international humanitarian response to COVID-19
Fiona Tarpey The global COVID-19 pandemic is a crisis unprecedented in its scale and scope, with particularly dire impacts in fragile and conflict settings. The crisis has also highlighted the critical role of local and frontline humanitarian responders. Yet, the international system has been slow to respond and adapt. The COVID-19 pandemic is having a… Continue reading The international humanitarian response to COVID-19
COVID brings Unprecedented Global Education Emergency
Almost 10 Million Children May Never Return to School Following COVID-19 Lockdown Deep budget cuts to education and rising poverty caused by the COVID-19 pandemic could force at least 9.7 million children out of school forever by the end of this year, with millions more falling behind in learning, Save the Children warns in a… Continue reading COVID brings Unprecedented Global Education Emergency
Mizuho, World’s 9th Largest Fossil Fuel Financier Restricts Coal Financing
Mizuho Financial Group (Mizuho) announced its new policy on coal financing on April 15 , drawing a bittersweet reception from climate activists across Asia. Mixed reactions on this announcement come hot on the heels of Japan’s recent announcement of its updated Nationally Determined Contributions (NDC), which received huge protests by the Japanese public. “We are glad to see the… Continue reading Mizuho, World’s 9th Largest Fossil Fuel Financier Restricts Coal Financing
Uncertain future for Slovakia’s development funds
Dana Marekova The Slovak government does not seem to understand the difference between export promotion and development aid, as it proposes to lump the two under one institution, Eximbanka SR Despite the mounting concerns about blended finance, Slovakia’s export-credit agency (ECA) Eximbanka SR is about to join the club. The national parliament will vote on the new legislation in September,… Continue reading Uncertain future for Slovakia’s development funds
Better insurance is vital to protecting our ocean
Torsten Thiele Experts gathered in Bermuda for the first Ocean Risk Summit, which aims to improve understanding of ocean risks and unlock blue capital The global ocean is changing rapidly, with significant and increasing impacts on marine ecosystems, human lives and economies. Assessing the impacts of these ocean hazards requires science and data, responding to… Continue reading Better insurance is vital to protecting our ocean
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