Good morning, this is Kasmira, and with US President-elect Joe Biden's inauguration just days away, I'm looking at what this means for the future of trade under his administration - and what this will mean for the WTO.
In the world of sustainable finance, new EU rules promise to shed some light on the obscure world of sustainable investment. And, as insurers come under pressure to cut financial ties with oil and gas, Allianz is the latest to take action. |
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Trade, sustainable business and finance news
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President-elect Joe Biden with vice President-elect Kamala Harris (AP Photo/Matt Slocum)
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Here's what else is happening
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An image taken from WeGaw's DeFROST platform, which offers real-time snow monitoring data from space.
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Swiss start-ups join forces to boost hydropower generation.
Snow forecasting data specialists WeGaw and Lausanne-based hydrology experts Hydrique Ingénieurs will combine their expertise to better predict the volume of water available for hydropower generation in snow prone areas. In a joint statement, the companies said the improved data modelling will help make hydropower "a more profitable option while ensuring sustainable use of water resources".
Startupticker.ch (EN)
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Sustainable bond sales hit an all-time high.
The issuance of bonds used to fund sustainable finance projects reached $544.3bn in 2020, more than double the previous year's total, according to data from Refinitiv. The Covid-19 pandemic has helped drive investment into recovery efforts as well as other areas such as the environment and addressing inequality.
Reuters (EN)
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