Global Scans · Green & Sustainable Finance · Weekly Summary

• [New] During COP 30, the UN Climate Change Conference held in Brazil in November, countries pledged to triple adaptation resources and set a target of mobilizing $1.3 trillion annually in climate finance by 2035. Ediciones EL PAIS S.L.
• [New] NHTSA plans to eliminate carbon credit trading among manufacturers in 2028, ending a programme that allowed companies to purchase compliance credits from automakers like Rivian and Tesla with better compliance records. Automotive World
• [New] The IMF and World Bank reiterate at every opportunity that climate finance and AI investment need credible governance. Informed Comment
• [New] Phasing out fossil fuels by 2050, scaling up climate finance for people and the environment and implementing strategies to build a more climate-resilient society remain critical goals for Mexico. Mexico News Daily
• [New] Last year at COP 29, developed countries agreed to channel US$ 300 billion (S$ 391 billion) in annual climate finance for developing countries by 2035. ST
• [New] One of the outcomes from Baku was the Baku to Belem Roadmap to increase [international climate finance] from $300 million to $1.3 trillion for 2035. The Astana Times
• To achieve net-zero emissions by 2050, governments must reaffirm ICAO's role as the single global authority, fully implement CORSIA, and operationalise Article 6 to unlock climate finance for developing nations. ESG Post
• Tencent plans to introduce digital tools to track carbon credit projects. Carbon Credits
• Given that India's energy revolution is expected to cost $10 trillion by 2070, prospects for climate finance and foreign investment are extremely crucial. Modern Diplomacy
• CORSIA is projected to cover at least 85% of international aviation emissions by 2027 and to generate $120 billion in climate finance between 2024 and 2035. TravelPulse
• Co-located with the DATE (Digitization, AI & Emerging Tech Summit), CARE MENA will spotlight investable opportunities across sectors, including solar, green hydrogen, sustainable finance, and industrial decarbonization. The Fintech Times
• Governments backed climate finance ambitions of $1.3 trillion annually for developing countries by 2035, alongside a pledge to triple adaptation finance to $300 billion per year. ESG News
• By integrating sustainability metrics into investment criteria, Mexico could unlock ESG and climate finance to scale the Water Positive model and accelerate infrastructure upgrades across industrial corridors. Mexico Business
• One commentator said COP 30 may risk becoming a global ATM for climate finance if coordination does not improve. Carbon Credits
• Under CORSIA's First Phase (2024-26), airlines are expected to purchase more than 200 million credits-equivalent to USD 4-5 billion in climate finance - with demand projected to rise sharply through 2035 as nearly 2 billion credits are expected to be offset. ESG Post
• Following India's first sustainability-linked InvIT bond, green InvITs, ESG-linked financing, and sustainability funds are expected to become mainstream, aligning InvITs with global sustainable finance standards. Economic Times
• Brazil is now working with the previous presidency on the Baku to Belem Roadmap, to help mobilise USD 1.3 trillion a year in public and private climate finance by 2035. Climate Action
• Negotiations will look to advance a major outcome of last year's talks: the pledge to mobilize $1.3 trillion annually by 2035 for climate finance. Global News
• Delegates will review national climate plans, push for $1.3 trillion a year in climate finance, adopt new measures to help countries adapt, and advance a 'just transition' to cleaner economies. UN News
• At Cop 30, Brazil and last year's host Azerbaijan will present the Baku to Belem Roadmap, a plan to raise US$ 1.3 trillion (£1 trillion) a year in international climate finance by 2035. The Conversation

Last updated: 13 December 2025