20 March 2024 | 2 mins
Climate finance refers to investments in projects and initiatives promoting climate change mitigation, adaptation to climate impacts, and transitioning to a low-carbon economy. These investments can come from various sources, including governments, international financial institutions, private companies, and individual investors. The importance of climate finance lies in its potential to catalyze significant and sustainable change. Mitigation, adaptation and social impacts Climate finance can accelerate the development and adoption of clean and sustainable technologies.
6 March 2024 | 2 mins
According to recent research from Nature, CO2 emissions from the digital industry will grow exponentially by 775% by 2040, from 1.6% in 2017 to 14%. Among the leading causes of the increase in the impact, the study identifies technologies such as artificial intelligence, which requires large amounts of energy to process complex calculations, and the problem of disposal of technological devices. CO2 emissions generated by the digital industry are a topic of growing concern due to the expansion of digital technologies and their increasing impact on the environment.
22 February 2024 | 1 min
The 2023 has seen the approval of several sustainability standards. In addition to the ESRS, in June 2023, the IFRS, which resulted from the work of the ISSB, was approved. The ISSB aims to develop common standards for sustainability reporting, focusing on financial markets and investors, on which local jurisdictions can introduce additional requirements. The ISSB is an independent standards-setting body within the IFRS Foundation that released its first IFRS Sustainability Disclosure Standards in June 2023:
29 January 2024 | 2 mins
The carbon credits markets are an integral part of global efforts to combat climate change. The markets were established to support reducing greenhouse gas (GHG) emissions to mitigate the climatic impact of human activities. The carbon credit market is divided into two main categories: regulated and voluntary. Regulated Markets Regulated markets were established to respond to the legislation or international protocols that set binding targets to reduce greenhouse gas emissions.