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Finance Day at COP29 was all about big promises and even bigger disagreements. Sure, billions were pledged, yet the day’s heated exchanges made it clear—collaborating on global finance is still no easy climate fix. #COP29 #Climatefinance

The discussion on the climate finance draft agreement at COP29 was intense, with countries deeply divided over financial targets and fairness. This led to heated debates and strong disagreements over the text, highlighting the challenges of reaching a consensus on how to fund climate action equitably. Read more about the stakes and why these negotiations matter. #COP29 #CLIMATEFINANCE #netzero

With over 330 global banks adopting the UN Principles for Responsible Banking, the framework represents leading for responsible banking. In India, this means integrating sustainable practices into core strategies and investments, reflecting a commitment to both international agreements and national priorities. Responsible banking is not just a global trend but a practical approach for Indian banks to contribute to a greener future. 🏦 🏦

If you're a VC exploring impactful investment opportunities, this article is your guide. With climate tech poised to generate $7 trillion in new opportunities over the next decade, the sector offers unparalleled potential for both financial returns and environmental impact. Learn how key drivers like cost competitiveness, energy security, and rising consumer demand are fuelling rapid growth in renewable energy, electric vehicles, and other climate technologies. Investing now positions you at the forefront of this transformative shift, where innovation meets sustainability. #sustainability #climatefinance #climateinvestements

RBI’s new climate guidelines mark a pivotal moment for banks, pushing them to face climate risks head-on. These rules are key to building a more transparent, resilient, and sustainable financial sector in India. It’s just the beginning—the climate transition we've all been waiting for is finally here. #netzerobanking #RBI 🌟 Quick Update We’re launching Isle's Monday Green Briefs—your go-to for quick, smart updates on climate news and green banking guidelines. Perfect for busy professionals ready to drive India’s climate transition. Stay tuned for registration details!

Banks committed to net-zero emissions are aligning with science-based targets, disclosing emissions, and involving capital markets in their strategies. Whether part of the Net-Zero Banking Alliance or not, adherence to these standards showcases a credible dedication to combating climate change. Let's pave the path in responsible banking! #NetZero #SustainableBanking #ClimateAction #SustainableFinance

India's 2024 budget introduces the Climate Finance Taxonomy, enhancing transparency in green investments. The move defines 'green' investments, aligns with global standards, and supports climate goals in line with the Paris Agreement. This aims to streamline eco-friendly investments and drive innovation in green technology. 🌿💰 #ClimateFinance #SustainableBanking #GreenInvestments #NetZero #ClimateAction #FinanceForFuture #GreenTaxonomy #SustainableFinance

🌍 New Guidelines for Banks: Climate Target Setting - Now With Extra Green! 🌍 Effective April 22, 2024, the Net-zero Banking Alliance introduces new guidelines aligning banking with a planet-friendly vibe. Key highlights include integrating net-zero goals into core strategies, setting science-based targets for 2030 and 2050, and addressing sector-specific challenges. Banks are now required to publish high-level transition plans within 12 months of setting targets, ensuring credibility through independent assurance of climate performance reporting. Transparent reporting on emissions, methodologies, targets, and progress is crucial for accountability. Stakeholder engagement is emphasised to drive systemic change, and the proper use of carbon credits to offset residual emissions is encouraged. Join the climate-savvy club by embracing these guidelines for a greener banking future. #ClimateAction #NetZero #BankingForGood #SustainableFinance #ESG #GreenerThanKermit