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Good morning, it's Kasmira, editor-in-chief of Geneva Solutions, and today I'm covering how Covid-19 is adding fuel to the growth of digital finance and a new initiative by the UN to explore its impact on sustainable development.

Plus, Pope Francis joins calls for investors to boycott companies not committed to protecting the environment, and how investors are finding themselves embroiled in ethical concerns in the meat and dairy industry.

photo journaliste

Kasmira Jefford


Today’s reason for hope

Photo article

HSBC tower in the Hong Kong skyline. EPA/Jerome Favre

HSBC targets net zero emissions by 2050. The banking giant will target net-zero carbon emissions across its entire customer base by 2050 at the latest, and provide between $750bnand $1 trillion in financing to help clients make the transition, chief executive Noel Quinn told Reuters.

Reuters (EN)

Sustainable business & finance news

UN experts weigh in on governance questions surrounding fintech firms. The UN Development Programme and the Swiss government have launched an initiative looking at how the future governance of fintech companies aligns with the SDGs.

Geneva Solutions (EN)

Climate finance hits hurdle in greening meat and dairy. As financiers start to divest from meat and dairy, can companies that thrive due to their ethical credentials take money from investors profiting from polluting industries?

Deutsche Welle (EN)

Pull investments from companies not committed to environment said Pope Francis in a video message on Saturday for TED's online climate event, adding his voice to calls for a more sustainable economic model following Covid-19.

Reuters (EN)

Here's what else is happening

Image of the day

Photo article

EPA/Dan Anderson

About three million people across parts of Mississippi and Tennessee in the US were under flood and flash flood watch this weekend in the aftermath of Hurricane Delta. Five hurricanes have made landfall in the US this year - the most since 2005.


Next on the agenda

13 -14 October | UNEP FI global roundtable 2020 The UN Environment Programme Finance Initiative (UNEP FI)'s 16th global roundtable, held virtually, will bring together experts on the theme of “Financing a Resilient Future”.


14 October | How to maximise performance of impact organizations The latest in IMD business school's webinar series will explore ways to improve the governance of non-profit and impact organizations.


19-21 October | Facebook NGO Summit - Friday for Good EMEA Facebook's monthly incubator programme is designed to support charities and non-profits across Europe, the Middle East and Asia.

Facebook (EN)

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