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China marks 25% of its territory for environmental protection

Reuters

July 7, 2021
China has designated 25% of its onshore territory "ecological conservation" areas, limiting development and human activities in order to improve the environment and conserve resources.

The Ministry of Ecology and Environment was tasked with identifying areas in need of protection a decade ago, when the government acknowledged that decades of "irrational development" had put its ecological safety under severe strain.

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Investors call on banking giants to step up on climate and biodiversity commitments

Edie

July 7, 2021
More than 100 investors, including the likes of Aviva and M&G Investments, representing $4.2trn in assets under management have written to some of the world's biggest banks, calling on them to strengthen climate and biodiversity targets this year.

Convened through the ShareAction coalition, 115 investors have written to 63 leading banks, including JPMorgan Chase, Deutsche Bank and Standard Chartered, calling on them to beef up environmental commitments ahead of key summits this year.

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