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In recent weeks, the large multinational Dutch bank ING and Norwegian bank DNB announced plans to sell off their stakes in loans funding the controversial Dakota Access Pipeline. The divestments came as activist investors stepped up their calls for banks and other financial institutions to stop financing projects related to fossil fuels development.

The Paris Agreement and the global divestment campaign has secured one of its biggest victories to date, after banking giant Deutsche Bank announced it would halt investment in new coal projects in line with its commitment to the international climate change treaty.

Developing nations invested $37.6 billion on renewable energy development in 2015, according to the World Bank. That renewables expenditure added up to 63% of all energy infrastructure spending in such countries last year, up from a five-year average of 44% and a 10-year average of 37%.

JP Morgan Chase, Bank of America, Wells Fargo, Citibank, Goldman Sachs and Morgan Stanley call for a strong global climate deal, recognizing cost of carbon

The World Bank will provide India with more than $1 billion to support its plans to increase solar power generation to 100 GW by 2022 and derive at least 40% of its energy needs from renewable sources by 2030. The Bank also announced its support of the India-led International Solar Alliance's efforts to mobilize $1 trillion in solar investments globally by 2030.

Mounting ocean health problems -- which are threatening the primary food source for more than 1 billion people -- can be fixed, but only with public and private sectors working together to a much greater extent, according to a World Bank blue ribbon panel.

Levi Strauss and the International Finance Corporation (IFC) of the World Bank launched a new program to reward garment suppliers in developing countries based on their environmental, health, safety, and labor performance. The IFC will offer better loan terms to garment manufacturers that score higher on a supplier sustainability assessment developed by Levi Strauss.

JPMorgan Chase is the target of a new environmental push demanding the bank end funding for tar sands drilling, HuffPost has learned. In a new campaign set to be announced Tuesday, the San Francisco-based Rainforest Action Network criticizes the country's largest bank by assets for providing over $3.1 billion to tar sands producers between 2014 and 2016 alone.

Ocean conservation finance gets boost from banks

Supermarkets in France have been banned from throwing away or spoiling unsold food by law. The stores are now required to donate unwanted food to charities and food banks.

Ahead of the UN 2015 Paris Climate Conference (COP21), Morgan Stanley and Wells Fargo became the latest major banks to pledge to eliminate their support for the coal industry in support of reducing carbon pollution associated with the industry. Morgan Stanley said that it "recognizes that climate change poses significant risks to the global economy and that reducing carbon emissions is critical to our success in addressing the challenges presented by a changing climate."

TED Talk: Can we solve the problem of ocean plastic pollution and end extreme poverty at the same time? That's the ambitious goal of The Plastic Bank: a worldwide chain of stores where everything from school tuition to cooking fuel and more is available for purchase in exchange for plastic garbage -- which is then sorted, shredded and sold to brands who reuse "social plastic" in their products. 

But the fact is that the blockchain is building some serious credibility within the world's biggest banks and financial services firms - they helped fuel more than $1 billion in investments between 2014 and 2016. That visibility has given both established and emerging companies the confidence to experiment. In mid-October, for example, Walmart announced a collaboration with IBM and Tsinghua University in Beijing focused on using the blockchain as a mechanism for authenticating food sources and keeping tabs on all sorts of related data - including the originating farm, batch numbers, processing plant information, expiration dates and storage temperatures.

Major institutional investors are increasingly mindful of the risk that carbon-intensive assets could lose their value if climate regulations become tougher, Tim McDonnell argues. That could be good news for clean energy investment, even though spending on that sector declined in 2013.

Clean-energy investments of up to $1 trillion a year are needed to avoid climate change, and that will require new commitments by major institutional investors, according to a Ceres report. The usual energy investors -- banks and utilities -- won't be able to raise that amount, the report warns.

Government agencies buy a lot of products and services. In some countries, up to 30 percent of GDP is due to government spending, according to the World Bank. What would happen if these agencies matched their sustainable development commitments to their actual spending?

The bond, launched by World Bank-backed International Finance Corporation, will fund climate smart projects.

From the industrial cities of Britain to the forests of Sweden, from the plains of Spain to the shores of the Black Sea, Europe is restoring its rivers to their natural glory. The most densely populated continent on earth is finding space for nature to return along its river banks. 

Every year, the world produces more than two billion tons of waste - enough to fill a fleet of trash trucks to circle the world 24 times, according to sustainability project the World Counts. The World Bank estimates the yearly global cost of dealing with waste is more than $200 billion and predicts annual waste will exceed 11 million tons per day by 2100 if current trends continue.  But where does it all go? Whether it's an island built as a landfill or the outskirts of historic monuments, the world's waste is piling up with no end in sight. The following images offer an acute reminder of the seriousness of waste management and the desperate need to address it. It's simply not sustainable.