With carbon reporting requirements expanding around the world, 2023 will see many businesses disclosing their emissions for the first time.

To report emissions, a business first needs to calculate them using carbon accounting, a process that involves mapping operations and purchases to their resulting greenhouse gas emissions.

To help businesses on their climate journeys, Normative has released a suite of new updates for the 2023 carbon reporting season, enabling businesses to more accurately account for and disclose their full greenhouse gas emissions.

Green Finance Platform’s Database Shows Significant Rise in Global Green Finance Measures!

Dear Green Community & Sustainable Finance Practitioners,

We are happy to share the latest numbers and analysis of the Green Finance Measures Database (GFMD). GMFD is a global compendium of sustainable finance policies and regulations across over 100 developed, developing and emerging economies. This year, we added 100 new sustainable policy and regulatory measures on the database, reaching a total of 784 national and sub-national financial measures from 109 countries which is a 317% growth since 2015.

Read more about, check the press release that summarizes the key highlights and discussion.

If you find it useful kindly circulate it among your networks.

“The increased utilization of the Green Finance Measures Database will help countries learn from global best practices and innovative financing mechanisms."
– Asad Naqvi, Green Growth Knowledge Partnership

This year, the Green Finance Measures Database maps 780+ green finance policy & regulatory measures globally. This represents a 317% increase since the Paris Agreement.

Discover key takeaways from the new measures added to the database.

“Show me the money'' - How can multilateral banks better finance the circular transition?

More on this blog!

How can nature-based solutions (NBS) tackle societal challenges while positively impacting nature?

Join our side event at COP27 to learn more about successful NBS projects and further opportunities to accelerate NBS investment in Africa.

MBD Joint Pavillion | 16 Nov @ 17:00 (UTC+2)

?️ https://ggkp.org/Zqh
? https://youtube.com/c/AfDBGroup/streams
?️ https://ggkp.org/AGECommunity

Developing countries need $1 trillion annually in climate finance.

"The world needs a breakthrough and a new roadmap on climate finance that can mobilise the $1 trillion in external finance that will be needed by 2030 for emerging markets and developing countries (EMDCs) other than China"

Annual investments in emerging market and developing countries other than China, to cut emissions, to boost resilience and deal with the loss and damage caused by climate change impacts, and to restore nature and land, should exceed $2 trillion by 2030, according to a new report.

- Biodiversity Finance Solutions for Africa -

With the COP15 to the UN Convention on Biodiversity coming up, Biodiversity finance solutions have also gained more traction.
The United Nations Development Programme’s Biodiversity Finance Initiative (UNDP-BIOFIN) has demonstrated how developing countries can be trendsetters in delivering sustainable finance solutions for people and planet.

The initiative is working with governments, civil society organizations, vulnerable communities and the private sector to catalyze nature-positive investments. Through an evidence-based approach, it guides countries to develop Biodiversity Finance Plans.
Finance solutions are tailored to a country's own context, making the solutions more impactful. Over 150 biodiversity finance solutions were identified by the initiative.

The authors Marco Arlaud and Simon Nazer have compiled an informative blog for the Green Policy Platform with an introduction to the topic and some interesting examples of biodiversity finance in Africa.

Follow the link below for the full article!

COP27 kicked off on 6 November, with climate finance mobilisation high on its agenda.

"As it is a saying that "what gets measured gets done," more clarity is needed on the definition of climate finance for developing countries to be able to accurately assess the extent of finance flows for climate action."

What are your expectations in terms of climate finance at COP27?