World News

UNFCCC, COP28 UAE Urge G20 Nations to Take Lead inCclimate Change Mitigation, Adaptation

July 27, 2023/Edelman COP28 President-designate Sultan Al Jaber and United Nations Framework Convention on Climate Change (UNFCCC) executive secretary Simon Stiell on Thursday called upon G20 nations to take a greater leadership role in climate change mitigation and adaptation. With only 125 days to go, the leaders issued a joint […]

US Fed Reserve Raises Interest Rates to 22-Year High

July 27, 2023/US Federal Reserve Recent indicators suggest that economic activity has been expanding at a moderate pace. Job gains have been robust in recent months, and the unemployment rate has remained low. Inflation remains elevated. The U.S. banking system is sound and resilient. Tighter credit conditions for households and […]

IOSCO endorses the ISSB’s Sustainability-related Financial Disclosures Standards

July 25, 2023/IOSCO In a major step towards consistent, comparable and reliable sustainability information, IOSCO announces today that it has decided to endorse the sustainability-related financial disclosures standards, recently issued by the International Sustainability Standards Board (ISSB), IFRS S1 and IFRS S2. IOSCO has engaged extensively with the ISSB over […]