Daily Brief logo

Good morning, this is Kasmira, with your sustainable business and finance news.

The World Trade Organization's Trade for Peace week came to a close on Friday - we take a look at the key takeaways. The ILO's biennial wage report showed women workers are among the hardest hit by the Covid-19 crisis.

And while some question the merits of carbon offsetting schemes, United Nations' special envoy for climate finance Mark Carney called the market an "imperative" if the world is to reach net-zero carbon emissions.

photo journaliste

Kasmira Jefford, Geneva

07.12.2020


Today’s reason for hope


Photo article

In September, Airbus unveiled the three zero-emission concept aircraft known as ZEROe.

Airbus bets on hydrogen to deliver zero-emission jets. The European planemaker has given itself five years to develop a commercially viable aircraft that doesn't pollute the sky. “Hydrogen is the most promising energy type to allow us to power aircraft and aviation with renewable energy,” says Glenn Llewellyn, the engineer leading Airbus’ moonshot experiment.

Bloomberg (EN)

Sustainable Business & Finance news


WTO deputy director-general calls for greater efforts on ‘trade for peace’. In remarks made during the inaugural Trade for Peace week, Alan Wolff urged for greater cooperation between trade and peace communities in helping to bring stability to conflict-hit nations. 

Geneva Solutions (EN)

EU plan to label climate-harmful investments faces finance industry pushback. A European Union plan to label polluting activities as “unsustainable” is facing resistance from some leading finance firms, amid concerns it could prevent investment getting to companies trying to clean up their act.

Reuters (EN)

Carney calls for ‘$100bn a year’ global carbon offset market. Mark Carney, the UN special envoy for climate finance and former Bank of England governor, has thrown his weight behind efforts to create a global carbon offset market, calling it an “imperative” to help reduce emissions.

Financial Times (EN)

Here's what else is happening


In case you missed it


Photo article

Women working at a traditional pottery workshop in Indonesia, 01 December 2020. ILO report finds women account for the biggest proportion of workers in the worst-hit sectors by the pandemic.

Covid-fuelled wage inequality risks widening the gender gap, ILO warns. The UN agency’s Global Wage Report published last week found that wages fell or stagnated in the first six months of the year in two-thirds of the countries it monitors, with lower-paid workers and women hit the hardest.

Geneva Solutions (EN)

Next on the agenda


7 December | Geneva, an international City. Key international Geneva players and historians will debate the issues relating to multilateralism.

UNIGE (EN)

8 December | How Covid-19 has accelerated the future of work. Allen Blue, co-founder of LinkedIn, will share his insights in this discussion on how the pandemic has impacted the world of work.

ILO (EN)

10 December | Covid-19 and global value chains: the role of the WTO and International Cooperation. The webinar's panellists will discuss how the multilateral trading system can help ensure the availability of essential goods.

WTO (EN)

GS news is a new media project covering the world of international cooperation and development. Don’t hesitate to forward our newsletter!

Have a good day!

Chemin de La Mousse 46
1225 Chêne-Bourg
Suisse