World Bank issues record $1.4bn catastrophe bond

The World Bank has launched a $1.4 billion (£1bn) sustainable development bond covering earthquakes in Latin America. It is said to be the largest earthquake catastrophe bond on record and will provide earthquake relief for Chile, Colombia, Mexico and Peru. The bond highlights four of the 17 UN Sustainable Development Goals (SDGs), which includes good […]

Letter penned to government demanding green goal answers

The Environmental Audit Committee (EAC) has written to the Cabinet Office Minister calling for the government to include the UN’s Sustainable Development Goals (SDGs) in departmental plans. Mary Creagh MP wrote to David Lidington MP to ask why only two departments mentioned the SDGs in their Single Departmental Plans (SDPs) – these were the Department for […]

‘Schoolchildren to swot up on UN’s SDGs”

The Chair of the Environmental Audit Committee (EAC) has urged the Secretary of Education to include the UN’s Sustainable Development Goals (SDGs) in the National Curriculum. Mary Creagh MP wrote a letter to Justine Greening, demanding inclusion of more awareness surrounding the goals in schools. In March, the previous EAC published a report which found […]

UK ‘spent double on overseas fossil fuels than renewables’

UK foreign aid for fossil fuels was double the amount spent on overseas renewable energy between 2010 and 2014. That’s according to the Catholic Agency For Overseas Development (CAFOD), which says out of the money spent on improving energy systems in developing countries, 46% went into areas such as coal, gas and oil compared to […]

World Bank issues first UN sustainable development bonds

The World Bank has issued bonds which for the first time links to the UN’s Sustainable Development Goals (SDGs). They will be linked to the performance of 50 companies advancing global development priorities set out in the SDGs, including tackling climate change. BNP Paribas led the issuance of the €107 million (£93.6m) 15-year bond and […]

Leading firms call on UK Government to back green goals

A total of 84 leading firms have called on the government to back international green goals. The companies, which include HSBC, IKEA and Unilever, penned a letter to British Prime Minister Theresa May, asking for it to commit to the UN’s Sustainable Development Goals. The companies say green development is essential to the long-term prosperity and wellbeing […]

Inquiry into UK’s implementation of UN sustainable goals

The Environmental Audit Committee (EAC) has launched an inquiry into the implementation of the UN Sustainable Development Goals (SDGs) in the country. That’s a global framework which includes 17 targets to eliminate poverty and take climate action in the next 15 years. They are universal and apply to all countries. The EAC’s inquiry is focused on the delivery […]