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With alarming speed, COVID-19 has infected tens of millions of people worldwide and killed more than one million. It has impacted economies and changed people's lives, particularly the poor and vulnerable who are already disproportionately impacted by climate change and other environmental, social, and economic risks.
The virus has also become central to national policy and has halted business operations in ways that were unimaginable. The economic impacts of these efforts are likely to be felt for years to come.
In addition to responses from government leaders, who are calling for support to cope with the twin crises of public health and rebuilding economies in sustainable and resource-efficient ways, industry and finance stakeholders also have important roles. This includes generating innovative solutions for diversifying production portfolios, building business capacities for sustaining growth, and aligning institutional investors’ fiduciary duties and stewardship practices with long-term decision-making and sustainable value creation.
Created a Post in Climate Change, Green Recovery from COVID-19, Sustainable Finance
Where financial regulators currently stand on addressing climate change?
An increasing number of green finance measures are being adopted around the world by policymakers and regulators in a shift toward green finance policy and regulation that goes beyond market-driven solutions.
In addition, 2021 saw a surge in green finance regulations, with 124 measures implemented globally. This reflects the awareness of governments that the financial system will need to be aligned with their net-zero commitments announced during the year. The growing number of green finance measures has been driven by renewed international cooperation, steered by the re-establishment of the G20 Sustainable Finance Study Group and the updated climate pledges announced in the lead-up to the COP26 UN Climate Change Conference in Glasgow in November 2021.
Created a Post in Agriculture, Green Recovery from COVID-19, Climate Change
Our food systems are failing us. Over 800 million people are suffering from hunger, while 13% of the world’s population are obese. So what is to blame?
Agricultural production follows the money. And 87% of the $540 billion given to agricultural producers each year is either price distorting or harmful to nature and human health. So what we can do to fix it?
Listen to our latest #podcast to find out! We discuss how #foodsystems transformation can generate system-wide benefits while protecting farmers, consumers and nature ?
Co-produced with UNDP and UNEP. Listen below:
? Spotify spoti.fi/3xkXt91 ? Apple apple.co/30XUDug ? Or search for The Green Renaissance wherever you get your podcasts.
To read UNDP, UNEP and FAO's new report, which provides many of the answers in this month's episode, click here ? bit.ly/3DRrks9
Created a Post in Green Recovery from COVID-19
Watch Green Recovery: On Trial -and see how youth grade the Global Green Recovery from COVID-19.
Created a Post in Green Recovery from COVID-19, Climate Change, Gender
There can be no just transition without gender justice.
Indeed, the pandemic has drawn attention to a trio of interlocking crises that systematically undermine gender equality: jobs, care and climate.
In response, UN Women’s new “Feminist plan” provides a visionary but practical roadmap for putting gender equality, social justice, and sustainability at the centre of the recovery and transformation.
Visit the webpage to find our more.
Created a Post in Sustainable Finance, Green Recovery from COVID-19
EBRD Supports Small Businesses in West Bank and Gaza
The European Bank for Reconstruction and Development (EBRD) is boosting micro, small and medium-sized enterprises (MSMEs) in the West Bank and Gaza with a US$3 million SME credit line to Vitas Plaestine, a microfinance institution.
MSMEs in the West Bank and Gaza represent a substantial segment of the economy and supporting their access to finance is now more important than ever, particularly to mitigate the economic impact of Covid-19.
Created a Post in Gender, Green Recovery from COVID-19
UNDP, in partnership with UN Women, OECD and other members of a consortium of global organisations, are collaborating on a new tool: the COVID-19 Global Gender Response Tracker, with a green lens.
Set to launch at the 66th session of the Commission on the Status of Women in March 2022, the new tool builds on the success of two existing policy databases to help identify the level of alignment between countries’ COVID-19 recovery measures and their SDG commitments.
Created an Event in Green Recovery from COVID-19, Cities and Urban Development, Transportation and Mobility
Created a Post in Green Recovery from COVID-19, Industry and Entrepreneurship
As a programme partner of the World Resources Forum 2021, the Green Industry Platform and GO4SDGs, are jointly hosting an online workshop “In Africa for Africa: Weaving solutions for textile circularity challenges” on 12 October. The workshop will invite SMEs, retailers, and other textile value chain stakeholders to discuss how to bridge communication gaps and deliver a coordinated support structure for circularity.
Limited free tickets are available! Write to contact@greenindustryplatform.org to secure your free registration!
An estimated USD 4.2 billion will be required to address the impacts of climate change in the Philippines from 2015 to 2030.
Did you miss the Green Fiscal Policy Network workshop on A Green COVID-19 Recovery in the Asia-Pacific Region?
No worries - summaries, recordings, and slide decks from all five sessions are now available on the GFPN website.
The workshop hosted experts from across the Asia Pacific and beyond to share the latest green recovery updates, policy insights, and recommendations for the region.
As conservation experts gathered at the IUCN World Conservation Congress to discuss international climate and biodiversity, Ebony Holland shares recent research outlining how nature-based solutions are being placed front and centre by least developed countries.