COP29 ended with a new climate finance goal, but the participating countries couldn’t agree on wording describing how countries should move away from fossil fuels. Our sustainability experts Matti Kahra, Tiina Salonen and Stefan Henningsson analyse the outcomes of the global climate summit.
Climate change is already causing major economic damage. The only way to stop it is for the world to invest in the transition to renewable energy. This will require 2.3% of global GDP to 2050, which is significant, but doable. In their last report, “Energy transition,” our Nordea On Your Mind team explores what investments will be needed and how they could be funded.
UNFCCC Senior Director: We have work to do to hit Paris Agreement targets
How can the investment needs of the Paris Agreement be met? What are the differences in climate action needs across world regions? For answers, take a dive into this Nordea On Your Mind, “Energy transition,” interview with Daniele Violetti, Senior Director at the UNFCCC.
Saving with sustainable focus: How green is green?
Funds that focus on sustainability – what does that really mean? How can investment funds be sustainable and who sets the requirements? More and more people are showing interest in this form of investment and there is regulation in place to support it. Get a quick overview.
When the scams are hidden between Black Friday’s special offers
During Black Friday, we are bombarded with reduced prices and special offers. Maybe it’s possible to find some Christmas gifts at reduced prices? But among the special offers and reduced prices, the scammers are lurking and are taking advantage of the hunt for fantastic prices.
What does a Trump presidency mean for Nordic greentech?
Donald Trump’s win in the US election this month bodes negatively for climate policy in the US, writes Marco Kisic, Head of ESG Research in Nordea Equities. He shares which greentech areas are most at risk.
Outcome of the US elections and implications for climate policy
Donald Trump’s victory will shake climate policy in the US and internationally, but the business environment differs significantly from his first term. Unlike in 2016-2020, a possible reversal of the US climate policy is counteracted by market dynamics, reduced costs in clean technology and overall technological and manufacturing competition with China.
The Superfinns award brought QOCO visibility and confidence to build an international success story
QOCO is one of the internationally growing Finnish companies that has taken part in Nordea's development programmes for growth companies. This year, they won the Superfinns programme organised by Nordea and Kasvu Open. Next, QOCO will participate in Slush to find more potential partners.
Chief Economist's Corner: The difficult interest rate journey
Interest rates are being cut quickly at the moment, and the course is set towards neutral - although no one quite knows what that level is, writes Nordea Group Chief Economist Helge Pedersen.
Maximising your Slush experience: Essential tips for founders
With Slush just around the corner, it is time to prepare yourself to get the most out of the exciting event. Whether you are a seasoned attendee or a first-timer, these tips will help you elevate your networking experience and refine your approach.
Sweden unveils initial energy standards for commercial buildings
Sweden’s National Board of Housing and Buildings, Boverket, has published the preliminary energy thresholds above which buildings need to be renovated. Nordea Equities’ ESG Research team takes a look at what the benchmarks mean for companies’ real estate portfolios.
Our Nordea forecast implies a slight further weakening of NOK towards year-end and a somewhat stronger NOK next year. But if Trump becomes president, the rate cut cycle in the US could soon end, and the USD could strengthen further. We therefore see a clear risk of a weaker NOK than our current forecasts imply.