{"id":86866,"date":"2024-09-23T00:00:00","date_gmt":"2024-09-23T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/2024\/09\/23\/today-the-un-forges-ahead-with-a-new-pact-for-the-future\/"},"modified":"2024-09-23T00:00:00","modified_gmt":"2024-09-23T00:00:00","slug":"today-the-un-forges-ahead-with-a-new-pact-for-the-future","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/climate\/2024\/09\/23\/today-the-un-forges-ahead-with-a-new-pact-for-the-future\/","title":{"rendered":"TODAY: The UN forges ahead with a new Pact for the Future"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good morning, ladies and gents. <\/strong>It\u2019s a busy start to the week with lots of ground to cover, but first, the latest climate developments straight from the UN as COP29 inches nearer\u2026<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt1\"><\/a>THE BIG CLIMATE STORY OUTSIDE THE REGION- UN adopts Pact for the Future: <\/strong>The United Nations General Assembly adopted a \" <a target=\"_blank\" href=\"https:\/\/www.un.org\/sustainabledevelopment\/blog\/2024\/09\/press-release-sotf-2024\/\" style=\"\" rel=\"noopener\">Pact for the Future<\/a> \" yesterday, described as a landmark agreement covering issues including sustainable development, climate change, and the transformation of global governance. The agreement pushes a need to reform international financial architecture by giving developing countries greater input on how decisions are taken at international financial institutions, reigniting the debate on a lack of support from World Bank and others. mobilizing more financing from multilateral development banks, reviewing sovereign debt architecture to ensure developing countries can borrow more sustainably, and strengthening the global financial safety net to protect the poorest in the event of financial and economic shocks.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Fossil fuel phase-out language is back:<\/strong> The pact sets the stage for a reintroduction to the fossil fuel phase-out debate at COP29 in November, confirming the need to transition away from fossil fuels in energy systems in order to achieve net zero emissions by 2050 and keep global temperature rise to 1.5 \u00b0C above pre-industrial levels.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Other points of interest:<\/strong> The pact also aims to improve how human progress is measured by looking beyond GDP to capture human and planetary wellbeing and sustainability, and includes a commitment to explore the introduction of a global taxation on high-net-worth individuals, the UN\u2019s statement reads.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The story grabbed some ink in the international press:<\/strong> <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/un-adopts-pact-that-aims-save-global-cooperation-2024-09-22\/\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/apnews.com\/accf4523e01c6604707189333de289ce\" style=\"\" rel=\"noopener\">AP<\/a> | <a target=\"_blank\" href=\"https:\/\/www.theguardian.com\/world\/2024\/sep\/22\/russia-isolated-at-un-summit-after-surprise-bid-to-derail-pact\" style=\"\" rel=\"noopener\">The Guardian<\/a> | <a target=\"_blank\" href=\"https:\/\/www.dw.com\/en\/un-reform-plan-adopted-despite-russian-opposition\/a-70295441\" style=\"\" rel=\"noopener\">Deutsche Welle<\/a> | <a target=\"_blank\" href=\"https:\/\/www.npr.org\/2024\/09\/22\/nx-s1-5122497\/united-nations-fossil-fuels-vote-2024\" style=\"\" rel=\"noopener\">NPR<\/a> <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>IN OTHER NEWS- The Amazon\u2019s wildfires are releasing tons of carbon into the atmosphere: <\/strong>Brazil\u2019s hundreds of thousands of fires this summer, half of which are occurring in the Amazon rainforest, have only been amplified by severe drought affecting 60% of the country. 2.4 mn hectares of land in the rainforest burned between June and August with over 188k fires identified this year so far. As the Amazon burns, the carbon sink is releasing its stores of the greenhouse gas into the atmosphere with 31.5 mn tons of carbon \u2014 equal to running eight coal plants for a year \u2014 emitted between June and August alone. <strong>The story was picked up by <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-09-20\/thousands-of-fires-are-burning-in-the-drought-wracked-amazon\" style=\"\" rel=\"noopener\">Bloomberg<\/a><\/strong><strong> over the weekend.<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p class=\"tag-border-left\">HAPPENING THIS WEEK-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.decarbomed.com\/en\/home-1-english\/\" style=\"\" rel=\"noopener\">Decarbomed Forum<\/a><\/strong><strong> will take place tomorrow and Wednesday <\/strong><strong>in Tunis. <\/strong>The forum will showcase innovative solutions for transitioning to carbon neutrality in Tunisia and the Mediterranean region, focusing on helping businesses take advantage of new tech, renewable energy services, and green financing mechanisms to decarbonize operations.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>On Wednesday, the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/steel.apexevents.cn\/\" style=\"\" rel=\"noopener\">Green Steel Summit<\/a><\/strong><strong> will open its door and run through to Thursday <\/strong><strong>in Dubai.<\/strong> The event will bring together steel industry professionals and decision makers to discuss market intelligence and the latest technological developments in sustainable steelmaking.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">COP WATCH- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt2\"><\/a>The Loss and Damage fund appoints new head: <\/strong>Senegalese finance specialist Ibrahima Cheikh Diong (<a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/ibrahima-cheikh-diong-20b79a47?originalSubdomain=sn\" style=\"\" rel=\"noopener\">LinkedIn<\/a>) will serve as <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/71017814-88a9-452e-870e-3bae48d2dd38\" style=\"\" rel=\"noopener\">The Fund for Responding to Loss and Damage<\/a> first executive director from 1 November for a four-year term, according to a <a target=\"_blank\" href=\"https:\/\/unfccc.int\/news\/ibrahima-cheikh-diong-selected-as-inaugural-executive-director-of-the-fund-for-responding-to-loss\" style=\"\" rel=\"noopener\">statement<\/a> released on Saturday. Diong will provide \u201cstrategic leadership and oversight of the Fund\u2019s Secretariat and assist the Board in delivering on the Fund\u2019s mandate to provide financial support to vulnerable countries hardest hit by climate impacts,\u201d the statement notes. The Fund\u2019s board also finalized adding the World Bank as interim trustee and host of the Secretariat. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>IN OTHER CLIMATE FINANCE NEWS- Western philanthropies gather USD 10 mn in climate finance: <\/strong>The Rockefeller Foundation and the Global Alliance for People and Planet \u2014 which includes the Ikea Foundation and the Bezos Earth Fund \u2014 have pledged USD 10 mn in funding to help the World Bank and African Development Bank support 15 green energy projects in Africa, the <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/eea586d6-3ef5-465a-964b-ce940959a0c1\" style=\"\" rel=\"noopener\">Financial Times<\/a> reported on Friday. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The West is playing catchup to China\u2019s contributions: <\/strong>China\u2019s green financing in Africa reached about USD 500 mn in loans this past year from state-owned enterprises for three renewable energy projects, the FT wrote. The projects include a USD 50 mn solar plant in Burkina Faso, a USD 240 mn hydropower plant in Madagascar, and USD 200 mn for electrification in Uganda. China \u2013 Africa\u2019s \u201cbiggest two way lender\u201d \u2013 also recently hosted the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/f4d769bf-6827-41d3-8cde-6c17b91b2df8\/today:-a-new-2-gw-solar-plant-for-qatar-%2B-hyport-duqm-takes-a-step-forward-in-green-ammonia-certification\" style=\"\" rel=\"noopener\">China-Africa Cooperation Summit<\/a> to try to convince leaders from 50 African countries to purchase more of its green exports in return for more loans and investment. <\/p>\n<p class=\"tag-border-left\">WATCH THIS SPACE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt3\"><\/a>Masdar to go ahead with Saeta Yield acquisition: <\/strong>Renewables giant Masdar will reportedly finalize its acquisition of Spanish renewable energy firm <a target=\"_blank\" href=\"https:\/\/www.saetayield.com\/en\/\" style=\"\" rel=\"noopener\">Saeta Yield<\/a> from Canada-based investment firm <a target=\"_blank\" href=\"https:\/\/www.brookfield.com\/\" style=\"\" rel=\"noopener\">Brookfield<\/a> this month, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-09-20\/masdar-is-said-to-near-deal-to-buy-brookfield-s-saeta-yield\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reports, citing people with knowledge of the transaction. <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/d4c23939-925c-47b3-9f6a-701e67365a45\" style=\"\" rel=\"noopener\">Earlier reports<\/a> from Spanish outlet Expansion in September indicated the transaction could be valued at over EUR 1.5 bn.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Mauritius mulls e-waste recycling project in Egypt: <\/strong>A group of Mauritian investors are exploring the possibility of constructing a large-scale electronic waste recycling facility in Egypt, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid027F2Mhnm3TTnAKTH3BkY7U8rqhPvKzm5NGiDxu7wk6wa1JfPaaNWACfzauiLmEh2yl?_rdc=1&_rdr\" style=\"\" rel=\"noopener\">statement<\/a>. The facility would extract gold, platinum, silver, palladium, and copper from the electronic devices and convert plastic waste into fuel, co-founder of Greentech Group Basil Botha told Egypt\u2019s General Authority for Investment and Free Zones during a meeting. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>IN OTHER EGYPT NEWS- <\/strong><strong>Will the country get a wind turbine blades production factory? <\/strong>The Suez Canal Economic Zone (SCZone) is looking to global investors to set up a wind turbine blades production factory, which would be the first of its kind in the region, <a target=\"_blank\" href=\"https:\/\/almalnews.com\/premium\/%d8%a7%d9%82%d8%aa%d8%b5%d8%a7%d8%af%d9%8a%d8%a9-%d9%82%d9%86%d8%a7%d8%a9-%d8%a7%d9%84%d8%b3%d9%88%d9%8a%d8%b3-%d8%aa%d8%b9%d8%b1%d8%b6-%d8%aa%d8%af%d8%b4%d9%8a%d9%86-%d9%85%d8%b5%d9%86\/\" style=\"\" rel=\"noopener\">Al Mal<\/a> reports, citing a government document it has seen. No further details were provided.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Germany urges EU to delay rules threatening hydrogen market: <\/strong>Germany is calling for a seven year delay on temporal correlation criteria to prove renewables output on the grid and hydrogen production match, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-09-20\/germany-seeks-delays-to-eu-hydrogen-rules-that-stiffle-market\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reported on Friday, citing a letter it has seen sent from German Economy Minister Robert Habeck to EU Energy Commissioner Kadri Simson. Habeck also urged the EU to consider phasing out additionality norms until 2035 which require producers to make sure their hydrogen demand matches new low-carbon or renewable energy generation. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Germany did a 180 in the name of hydrogen: <\/strong>Germany had earlier supported these rules but now finds that \u201cthese requirements were still too high and are slowing down the ramp-up of the projects for the production of renewable hydrogen in Germany and many other member states,\u201d Habeck wrote. Habeck maintains that a delay of the criteria \u2014 which would also affect blue hydrogen purchasing \u2014 would allow companies to handle high costs, Habeck added. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">DANGER ZONE- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Weak demand hinders green investment from heavy industries: <\/strong>Highly polluting industries including steel, aviation, shipping and cement production are struggling to finance the 473 proposed large-scale low carbon projects due to insufficient demand creating a \u201ccritical investment barrier,\u201d according to data from the UN-backed <a target=\"_blank\" href=\"https:\/\/ita.missionpossiblepartnership.org\/news\/entry\/700bn-of-investment-could-flow-into-green-heavy-industry-pipeline-globally-if-demand-for-low-carbon-products-increases-finds-new-ita-analysis\/\" style=\"\" rel=\"noopener\">Industrial Transition Accelerator<\/a> (ITA). If that barrier is removed, USD 700 bn in financing could be channeled into the projects by 2030 to help the sectors decarbonize. Following through with the 473 proposed projects would account for 80% of emissions cuts needed by 2030 to align with the Paris Agreement\u2019s climate goals. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What else can help along the investment push? <\/strong>Along with alleviating the \u201ccritical investment barrier,\u201d policy interventions are needed with governments accounting for around 25% of global steel demand and 40% of cement demand, says ITA executive director Faustine Delasalle. Carbon pricing mechanisms, green purchasing mandates, and new product standards are also needed, she added. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REFRESHER- <\/strong>The ITA was <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/aa281379-0de7-4f6c-96ae-3acbf9f7ffeb\/today:-egypt-approves-more-renewables-projects-%2B-ega-snaps-up-stakes-in-spectro-alloys\" style=\"\" rel=\"noopener\">launched in December 2023<\/a> at the World Climate Action Summit and aims to gather investment to bolster decarbonization efforts in heavy-emitting industries \u2014 aluminum, cement, chemicals, steel, shipping, and aviation. The accelerator also supports scaling clean industrial projects to help them reach final investment decisions.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">THE SCORECARD- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1-<\/strong> <strong>Multilateral development banks (MDBs) provided a record USD 125 bn in global <\/strong><strong>climate finance in 2023,<\/strong> more than doubling their 2019 contributions, according to a <a target=\"_blank\" href=\"https:\/\/www.adb.org\/news\/climate-finance-multilateral-development-banks-hits-record-2023\" style=\"\" rel=\"noopener\">press release<\/a> from the Asian Development Bank on Friday. This funding was directed toward both climate change mitigation and adaptation efforts, with USD 74.7 bn allocated to low- and middle-income countries and USD 50.3 bn to high-income economies. The majority of the funds for low-and middle-income economies went to mitigation, while USD 24.7 bn supported adaptation. Similarly, high-income countries received USD 47.3 bn for mitigation and USD 3 bn for adaptation. MDBs also mobilized significant private finance, totaling USD 28.5 bn for lower-income countries and USD 72.7 bn for higher-income nations. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- CAM raises USD 1 bn for natural capital projects: <\/strong><a target=\"_blank\" href=\"https:\/\/climateassetmanagement.com\/\" style=\"\" rel=\"noopener\">Climate Asset Management<\/a> (CAM) \u2014 a JV between HSBC Asset Management and specialist climate change investment and advisory firm Pollination \u2014 has raised more than USD 1 bn to invest in natural capital projects, including regenerative agriculture and land rehabilitation, CEO Martin Berg told <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/sustainability\/sustainable-finance-reporting\/climate-asset-management-has-raised-more-than-1-billion-ceo-says-2024-09-20\/\" style=\"\" rel=\"noopener\">Reuters<\/a> on Friday. The funds, driven by increasing demand from investors aiming to protect biodiversity, have already closed to new money, with backers like Germany\u2019s <a target=\"_blank\" href=\"https:\/\/www.gothaer-asset-management.de\/\" style=\"\" rel=\"noopener\">Gothaer Asset Managemen<\/a> t contributing USD 100 mn to the Natural Capital Fund. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Future fundraising plans: <\/strong>CAM has already allocated much of the raised capital and expects to resume fundraising in 2025, the newswire writes. The firm\u2019s success is partially driven by nature-related reporting obligations, such as the Taskforce for Nature-related Financial Disclosures (TNFD), which is encouraging more institutional investors to enter the growing nature asset class.<\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">   Get <b style=\"font-weight: 700\">Enterprise<\/b> daily   <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>  <a target=\"_blank\" href=\"climate\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\" rel=\"noopener\">Subscribe here<\/a>  <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">***<br \/><strong>YOU\u2019RE READING EnterpriseAM Climate, the essential MENA publication for senior <\/strong><strong>execs who care about the world\u2019s most important industry. <\/strong>We\u2019re out Monday through Thursday by 9am in Cairo and Riyadh and 11am in the UAE.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>EnterpriseAM Climate is available without charge <\/strong>thanks to the generous support of our friends at HSBC and Infinity Power.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Were you forwarded this email? <\/strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/user\/news-letters\" style=\"\" rel=\"noopener\">Tap or click here<\/a> to get your own copy of Enterprise Climate.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Want to send us a story idea<\/strong>, request coverage, ask for a correction, or otherwise get in touch? Reach out to us on <a target=\"_blank\" href=\"mailto:climate@enterprisemea.com\" style=\"\" rel=\"noopener\">climate@enterprisemea.com<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>DID YOU KNOW <\/strong>that we also cover <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\" style=\"\" rel=\"noopener\">Egypt<\/a>, <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\" style=\"\" rel=\"noopener\">Saudi Arabia<\/a>, <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\" style=\"\" rel=\"noopener\">the UAE<\/a>, and the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\" style=\"\" rel=\"noopener\">MENA<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\" style=\"\" rel=\"noopener\">logistics industry<\/a> ?<br \/><strong>***<\/strong><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><strong>CIRCLE YOUR CALENDAR- <\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Egypt will host the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.almalgtm.org\/portfolio\/the-7th-portfolio-egypt-conference-2024\/\" style=\"\" rel=\"noopener\">Portfolio Egypt<\/a><\/strong><strong> conference on Monday, 30 September<\/strong> in Cairo. The event aims to enhance cooperation among Arab stock exchanges and will cover crucial topics including market integration, product diversification, carbon markets, and regional debt markets. It will aim to outline recommendations to strengthen regional financial markets. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Egypt will host <\/strong><strong><a target=\"_blank\" href=\"https:\/\/csew.net\/\" style=\"\" rel=\"noopener\">Cairo Sustainable Energy Week<\/a><\/strong><strong> from Tuesday, 1 October to <\/strong><strong>Thursday, 3 October<\/strong> in Cairo. The event will bring together policymakers, companies, and experts to discuss collaboration on the renewable energy transition across 17 Arab countries. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The UAE will host the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.wges.ae\/\" style=\"\" rel=\"noopener\">World Green Economy Summit<\/a><\/strong><strong> from Wednesday, 2 October<\/strong> <strong>to Thursday, 3 October <\/strong>in Dubai. The summit will promote the push for a green economy and will offer a platform for international entities to collaborate on sustainable development, financing, and policymaking.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Check out our full calendar on the web<\/strong> for a comprehensive listing of upcoming news events, national holidays and news triggers.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>What we\u2019re tracking this morning regionally and around the world<\/p>\n","protected":false},"author":1,"featured_media":86867,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[44],"tags":[97,40,11,164,79,160,52,56,43,46],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-86866","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-today","tag-cop29","tag-egypt","tag-enterpriseclimate","tag-green-finance","tag-ma-watch","tag-masdar","tag-uae","tag-un","tag-what-were-tracking-today","tag-wind-energy","wpautop","entry"],"acf":{"mongo_id":"e0ccd1a7-bfd6-402d-b1ac-d9dc5ddf6c44","order":"2","is_powered_by":false,"story_type":"4","photo_url":"https:\/\/ent.news\/2024\/9\/1680.jpg","photo_position":"above","homepage_title":"","full_issue_title":"TODAY: The UN forges ahead with a new Pact for the Future","related_issue":[86864],"teaser":"What we\u2019re tracking this morning regionally and around the world","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/9\/.33d5b8fa-4cf4-4415-b392-ce0a29f6c150.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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