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

Today I’m covering why the market for carbon removal technologies, focused on restoring land and forests, is set to soar. I also take a look at how gender-lens investing is gaining ground - and how Switzerland’s NGOs and financial sector are contributing. Plus, another media report asks whether the sector is delivering on its climate promises.

Kasmira Jefford

02.11.2020

Today’s reason for hope

Photo article

(Credit: EPA/Filip Singer)

Demand for carbon removal technologies is set to soar as companies step up efforts to meet net-zero targets, according to a report commissioned by United Nations-backed Principles for Responsible Investment.

Geneva Solutions (EN)

Sustainable Business & Finance News

Switzerland’s sustainable finance sector wisens up to gender lens investing. Some actors are calling for a survey to help set a benchmark for where the industry stands on gender and diversity issues.

Geneva Solutions (EN)

Why bonds good for the Earth now carry a ‘Greenium’. Green bonds are back. Signs are emerging of a tangible “greenium” for investors in bonds deemed green.

Bloomberg (EN)

Making the Swiss financial sector deliver on climate promises. WWF’s Elgin Brunner rubs shoulders with the Swiss banking elite. But it’s an open question whether her plea for the financial sector to divest from oil and gas will rub off.

Swissinfo (EN)

Here's what else is happening

Swiss candidacy for the UN Security Council moves ahead after presenting its candidacy to UN representatives.
Swissinfo.ch (EN)
Sustainable urbanisation is critical to the Covid-19 recovery, the latest report by UN-Habitat has found.
UN News (EN)
Half of aid workers report racism at work, a poll by the Thomson Reuters Foundation found.
Reuters (EN)
Can solar fridges helping vaccinate African children work for Covid-19?
Reuters (EN)
Can the US unilaterally stall the WTO Chief’s appointment? The veto came after other members voiced their strong preference.
Forbes (EN)
International Geneva is not under any illusions. Even with Biden-win, the US will continue to put their interests first.
TdG (EN)
Why Poland’s abortion ban is stirring up a storm.
RTS (EN)
Europe grapples with what went wrong with Covid-19 resurgence
Financial Times (EN)
After earthquake in Aegean sea, Turkey and Greece pledge to help each other.
Le Monde (EN)

Image of the day

Photo article

(AP Photo/Charlie Riedel)

Covid-19 was a popular costume of choice for Halloween this weekend. The United States reported nearly 100,000 new cases on Sunday, a single-day record, with two dozen states breaking records. It now has over nine million cases while Europe passed the bleak milestone of 10 million total infections this weekend.

Next on the agenda

02 November | Invest with effect. In this webinar, Alternative Bank Switzerland and Center for Philanthropy Studies at the University of Basel (CEPS) will discuss new guidelines for foundations.

ABS (EN)

10 November | Geneva Summit on Sustainable Finance. Organised by the University of Geneva, the online summit will bring together academics and investment practitioners to explore key emerging issues in sustainable finance.

GSSF (EN)

12 November | The “S” in ESG Many actors still struggle to understand the “Social” element in ESG. Lausanne business school IMD’s latest seminar will break this down.

IMD (EN)

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Have a good day!

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