3 posts found.
Selected Category: Climate
New statement on climate and energy will guide Finnfund’s climate actions
Finnfund has adopted a new statement on climate and energy. With this statement, Finnfund expresses its commitment to the objectives of the Paris Agreement and explains what this commitment means in practice for its portfolio management, investment process and measuring of the portfolio’s carbon footprint. Finnfund strives to take the lead among development financiers in […]
Read moreJune 30, 2021
New open-access FRESCOS Tool launched for accounting the carbon sequestration in forestry projects
Four European development finance institutions (DFI) – CDC Group (UK), Finnfund (Finland), FMO (Netherlands), and Swedfund (Sweden) – together with Simosol, an IT company, have today launched the FRESCOS Tool, a web-based, open-access tool to account for the carbon sequestration of afforestation and reforestation projects. The overall goal of the FRESCOS Tool is to better […]
Read moreJune 29, 2021
Beyond avoided emissions, DFIs seek carbon removals
For quite some time, it has been acknowledged that global CO2 emissions need to be reduced to avoid the catastrophic effects of climate change. Today, many companies, development finance institutions (DFIs) and other investors operating in developing countries are increasingly interested in tracking their CO2 emissions and taking action to reduce them. However, lack of […]
Read moreNovember 12, 2020