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Added on the 13/10/2021 15:37:41 - Copyright : Acer
Inondations : Nîmes sauvée des eaux
Madrid, Jun 21 (EFE).- Madrid's famous landmark Fountain of Cybele turned green Monday night to vindicate the fight against the Amyotrophic Lateral Sclerosis (ALS) disease.June 21 is the global day of recognition of ALS, a neurodegenerative disease of which three new cases are diagnosed every day in Spain. (Camera: MARTÍN CARRASCO).B-ROLL OF THE FOUNTAIN OF CYBELE IN MADRID, SPAIN.
Washington, Apr 27 (EFE).- Green bonds are a financial instrument that has great potential for Latin America and the Caribbean as the region faces enormous financing needs to adapt to climate change, which makes it essential to improve transparency to attract investors, the Inter-American Development Bank (IDB) said Tuesday.The bank and its private-sector arm, IDB Invest, launched the Green Bond Transparency Platform to promote the harmonization and standardization of green bonds by providing information on their performance, impact and methodologies in the region."Investors need to know if these bonds are having an impact on the fight against climate change," Juan Antonio Ketterer, Head of the IDB's Connectivity, Markets and Finance Division, said during the online presentation of the new digital tool.Latin America and the Caribbean made up only 2 percent of last year's record $1.1 trillion issuance of green bonds worldwide.Yet the region has seen a total issuance of $24 billion and nearly half of that, $10 billion, has come since 2019."What transparency creates is a space to build confidence," Sean Kidney, CEO at Climate Bonds Initiative, a partner organization, said.Kidney said that green bonds are "a very simple idea, a debt instrument where you are promising that the proceeds will be used in a certain way," making initiatives such as the IDB platform important for giving investors peace of mind.The IDB Group has provided strong support to the region's green capital market over the last five years, backing more than 30 percent of issuances by volume, notably for Ecuador, Chile and Mexico.The crisis caused by the Covid-19 pandemic and the growing threat of climate change have increased investor appetite for this type of financial tool, which likewise offer an alternative to the difficult situation in public finance.The region's "governments are facing extraordinary fiscal headwinds and they can't possibly finance this transition on their own," IDB President Mauricio Claver-Carone said.Recent estimates suggest that emerging markets will need $20 trillion in investment by 2030 to address climate change challenges, of which governments will only be able to contribute 25 percent.Claver-Carone said that large global investment funds with ample capital are "eager" to participate."In the next five years, governments will have a historic opportunity to attract these investments if they provide the right incentives and clear rules. Trillions of dollars of private capital could flow into their countries to create jobs," the IDB president said. EFE lap/drSHOT LIST: SOUND BITES OF IDB PRESIDENT MAURICIO CLAVER-CARONE; IDB HEAD OF CONNECTIVITY, MARKETS AND FINANCE DIVISION JUAN ANTONIO KETTERER; CLIMATE BONDS INITIATIVE CEO SEAN KIDNEY; IDB INVEST CHIEF INVESTMENT OFFICER GEMA SACRISTAN; IDB CLIMATE CHANGE AND SUSTAINABLE DEVELOPMENT MANAGER JUAN PAUL BONILLA; AND IDB INSTITUTIONS FOR DEVELOPMENT MANAGER MOISES SCHWARTZ.Keywords: efe,idb,green,bonds,transparency,platform
Republican electoral victories Tuesday cast doubt over whether the US would enact any significant measures to curb planet-heating emissions in the near-term. States were still tallying results on Wednesday as the Trump administration officially withdrew from the Paris climate agreement. According to HuffPost, that makes the US the only country to exit the nonbinding global pact to cut climate-changing carbon emissions. In Montana and Texas, climate-change-denying candidates cruised to victory. While many Senate and House races remain undecided, two sunny spots for climate advocates and environmentalists were in Arizona and in Colorado. Democrat Mark Kelly handily beat Arizona Republican Sen. Martha McSally. Kelly made tackling climate change a key part of his platform. And in Colorado, former governor and 2020 presidential contender John Hickenlooper ousted Republican Sen. Cory Gardner. Claiming to be a 'national leader' on climate, Gardner consistently peddles the conspiracy theory that environmentalists are plotting to control the economy.
Green Day are set to make a game-related announcement at The Game Awards this week.
Adam Sandler considers 'Friends' to be an entertainment "powerhouse" and he has urged his 'Murder Mystery' co-star Jennifer Aniston to reunite with the cast and "make a f***ing movie for everyone".
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