Good morning, this is Kasmira, and today we’re looking at how the Swiss finance sector is reacting to regulations that seek to bring more transparency to the world of sustainable investment.
Plus, Bill Gates offers up a few ideas for businesses wanting to step up climate action, and the EU pushes for a "strong environmental agenda" at the World Trade Organization. |
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Sustainable business & finance news
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A high-alpine solar plant on Albigna dam in the Grisons, Switzerland. EU rules will provide clarity to both corporates and investment firms on how environmentally friendly different activities are.(Photo: Keystone/Gaetan Bally)
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📏 EU pushes WTO reform and Paris agenda in new trade plan.
The European Commission last week presented a revision of the bloc's trade policy that included prioritising reforms at the WTO. It wants to push for a "strong environmental agenda" at the organisation, with initiatives that include the liberalisation of trade in selected green goods and services.
EU Observer (EN)
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🌱 Bill Gates' green manifesto for businesses.
In this self-penned piece, the billionaire philanthropist offers four ideas to help businesses take on the climate crisis. The first involves companies providing low-cost capital or other financial concessions to help promising innovators get their ideas "out of the lab and into the market".
Financial Times (EN)
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Hear's what else is happening
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Extract of timelapse video showing construction of new building at the Palais des Nations. (Credit: UN Geneva via Youtube)
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🚧 Building works at the Palais take shape.
The Strategic Heritage Plan, a CHF836.5m renovation of the Palais des Nations complex in Geneva, is gradually taking shape, including the construction of a 24,000 square metre sustainable office building, as shown in the timelapse below. In January, planners handed over the keys for the first section of renovation works to begin on the Palais building itself - the first time it will be receiving an extensive makeover since it was built 83 years ago.
UN Geneva via YouTube (EN)
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