Greenpeace, a prominent environmental organization, has recently shed light on the climate impact of Bitcoin investments by asset managers. In a report published by the organization, it has been revealed that financial services companies are contributing to increased pollution and fossil fuel usage through their investments in Bitcoin. According to Greenpeace’s findings, an alarming 62% […]
Over the past 70 years, the ground beneath downtown Chicago has experienced a significant increase in temperature, warming by an average of 5.6 degrees Fahrenheit. This warming trend is not unique to Chicago; major cities across America, such as New York City, are also feeling the impact of underground climate change. These rising temperatures have […]
HSBC, one of the world’s largest banking and financial services organizations, is taking significant steps to further its investment in green finance and bond teams in China. This move comes as a response to the growing demand for sustainable financing solutions in the country. In a series of meetings held in Beijing, HSBC chairman Mark […]
As climate change continues to impact our world, one of the most concerning consequences is the increase in intense and sudden rainfall, leading to catastrophic flooding. However, the lack of a comprehensive national rainfall database and accurate flood maps hinders our preparedness for these climate change-induced storms. One of the major challenges in preparing for […]
Protesters and legislators recently gathered at the EU parliament for a crucial vote on nature protection and combating environmental change. This event drew significant attention as it had the potential to shape the European Union’s approach to biodiversity protection and its global climate reputation. One prominent figure leading the rally in support of the bill […]
In recent years, the global community has witnessed a growing concern for environmental sustainability. With increasing awareness about climate change and the need for sustainable development, the concept of green financing has emerged as a powerful tool to address these pressing challenges. Green financing, also known as sustainable finance, refers to financial products and services […]
U.S. President Joe Biden recently embarked on a significant trip to Britain, where he engaged in high-level discussions with King Charles and finance chiefs. The primary focus of Biden’s visit was to tackle the pressing issue of climate change and explore strategies for combating this global challenge. This visit to Britain is part of a […]
TV meteorologist Chris Gloninger recently made a shocking announcement, revealing his departure from an Iowa station and his broadcast journalism career. The reason behind this decision? Gloninger has been subjected to harassment and threats due to his coverage of climate change. Sadly, Gloninger’s case is not an isolated incident, as meteorologists nationwide are facing reactions […]
The Lending Standards Board (LSB) is calling on financial services to provide their input on protecting standards for business customers in green finance. This comes as many smaller businesses continue to struggle in accessing sustainable financial products, despite the growing demand. According to the LSB, there are approximately 15 green finance products available to small […]
Egypt’s Minister of Environment, Yasmine Fouad, recently convened a meeting with high-ranking officials from various ministries and industries to discuss the logistical preparations for Egypt’s official pavilion at the upcoming COP28 in Dubai, UAE. The meeting focused on equipping the pavilion with appropriate design and technical equipment, as well as the involvement of the private […]