October has been a busy month in the field of sustainable finance. China, the world’s largest bilateral creditor, hosted the Conference of the Parties to the Convention on Biological Diversity; public development banks recommitted to aligning their practices with the Paris Agreement at the Finance in Common Summit; and the United Nations Conference on Trade and Development and the World Economic Forum jointly launched a Global Alliance for Sustainable Investment. This weekend, leaders from the G-20 countries will meet in Rome and renew their commitment to climate finance. And next month, the world’s governments will meet in Glasgow for the [...]
Environment
Editor’s Note: This is the web version of our subscriber-only weekly newsletter, China Note, which includes a look at the week’s top stories and best reads from and about China. Subscribe to receive it by email every Wednesday. If you’re already a subscriber, adjust your newsletter settings to receive it directly to your email inbox. Beginning Sunday, Oct. 31, world leaders will gather in Glasgow, Scotland, for two weeks to unveil new commitments to tackle global warming and climate change. But after weeks of guessing games, it looks like Chinese President Xi Jinping—the leader of the world’s largest emitter of [...]
At next month’s long-awaited United Nations Climate Summit in Glasgow, all eyes will be on national leaders to make commitments that give the world a chance to limit average global temperature increases to 1.5 degrees Celsius above pre-industrial levels. At a recent youth-led event, Hilda Nakabuye, founder of the Ugandan Fridays for Future movement, articulated the impatience felt by young people across the world, calling on global leaders to finally “put on their big boy pants, to stand up and to take concrete climate action!” All the focus on the leaders at center-stage, however, risks missing the action taking place [...]