$2.8 Trillion
Climate finance invested globally in the past 5 years
Delivering Net Zero.
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As flood waters rose, they exposed failures in our foresight, planning and resilience
17 March 2022 / WORDS BY Geoff SummerhayesThe flood crisis unfolding has highlighted fundamental issues in foresight, planning and resilience – with devastating impacts for communities.
These issues are the responsibility of the private sector as much as they are the responsibility of government.
READ ARTICLEin the news
Microsoft among buyers of blue carbon credits from giant mangrove project
16 March 2022 / published on Environmental FinanceMicrosoft and Trafigura are among the buyers of the first three million carbon credits to be generated by the world’s largest mangrove restoration project owned by Indus Delta Capital (IDC), the Government of Sindh and Pollination.
Pollination Executive Director Phil Cohn, the lead advisor on the carbon credits’ sale, said the Delta Blue Carbon Project (DBC-1) received interest from 64 counterparties in the voluntary carbon market (VCM).
The programme is being implemented in the Sindh province of Pakistan over 350,000 hectares of tidal wetlands – an area bigger than Luxembourg. Over its lifetime it will sequester an estimated 142 million tonnes of CO2e over its 60-year lifetime.
