Proparco, the private-sector investment arm of France’s AFD development agency, has launched a €800,000 tender to support its partners in the preparation of green social sustainability bond issuance. The contract will last 48 months, and tenders must be submitted in French by 31 July this year. Proparco promotes private investment to reach the SDGs in Africa, Asia, Latin America and the Middle East.
The Fair Tax Mark has opened a consultation which will track and analyse responsible tax initiatives across the world. Findings will form the basis of the Fair Tax certification for businesses that have their ultimate holding company situated outside of the UK. The consultation is open until 14 August. To read the report and respond to the consultation, click here.
Ceres has benchmarked the 100 largest US power companies by their CO2, NOx and SO2 emissions. Analysis by the sustainability non-profit shows momentum building to decarbonise the power sector, as well as a decrease of 8% in carbon emissions from the US power sector in 2019 as GDP grew.
The European Parliament’s Environment Committee (ENVI) has voted in favour of an amendment to fast-track international shipping into the EU ETS via the bloc's monitoring, reporting and verification regulation for maritime emissions. The amendment is part of a package of measures aimed at cleaning up the maritime sector.
The EU is also said to be re-examining its airline climate policy, as international climate efforts have been diluted across the sector in recent months. Considerations include a potential return to covering foreign flights in the EU carbon market.
First State Super has committed to divest from thermal coal mining as part of its Climate Change Portfolio Transition Plan. The Australian superannuation fund will exit companies that derive more than 10% of their revenue from thermal coal mining.
S&P Global has released a new report analysing how water conflicts are contributing to global geopolitical and social tensions. The analysis also assesses the ability of companies to understand and manage water risks throughout networks of suppliers, customers, and other key stakeholders.