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Sustainability roundup: COP17 funding, deforestation compliance struggles, and more

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COP17 mobilises $1.3bn for land restoration and drought resilience

Article by Edie

Kicking off week two of the conference, governments, development banks, funds and businesses have announced over $1bn in new and pipeline finance to tackle desertification, with a focus on restoring rangelands.

 

Indonesia’s Prabowo launches 14 solar power projects

Article by Reuters

Indonesian President Prabowo Subianto inaugurated 14 solar power ​plant projects on Tuesday with a ‌combined capacity of 5.3 gigawatts, part of the country’s goal to add 100 GW of ​new solar capacity by 2029 and ​reduce its dependence on climate-warming fossil fuels.

 

West Africa cocoa sector struggles to meet EU anti-deforestation rules, raising supply concerns

Article by BusinessWorld

Ojo Ayaninuola, a small-scale cocoa farmer from Akure in southwestern Nigeria, was initially reluctant to let exporters map and geolocate his farm as part of measures to comply with a looming EU anti-deforestation law.

 

US Government wants business exemptions from ‘onerous’ EU CSRD and CSDDD

Article by Edie

The US Government has called on the European Union to revisit changes to both the Corporate Sustainability Due Diligence Directive (CSDDD) and the Corporate Sustainability Reporting Directive (CSRD), stating that it places ‘costly and onerous’ obligations on US businesses aiming to sell into Europe.

 

These trees are making air quality in cities worse

Across Beijing, millions of weeping willows and poplar trees turn the megacity into a green metropolis. But compounds released by these trees are becoming a major contributor to air pollution1, finds a study.

 

Smart DRS processes more than 150,000 reusable cup returns in four months

Article by Circular Economy News

Smart DRS has processed more than 150,000 reusable cup returns since its first live deployment at the IIHF Ice Hockey U18 World Championship in late April, expanding across major music festivals, cultural events and continuous seasonal operations.

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IF editorial team

Author details

IF editorial team

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