Archive

COP28: 'MDBs need to commit to developing debt-for-nature swaps'

At COP28, multilateral development banks (MDBs) need to commit to further developing the infrastructure of debt-for-nature swaps to help grow the market, The Nature Conservancy has said.

Progress on Article 6.4 ahead of COP28 bodes well for global carbon market

Final recommendations on the rules of the UN's global carbon market have been agreed upon, as last-ditch talks reached a conclusion - just in time to be sent for final approval at COP28.

CISL: COP28 should explore how MDBs can unlock more private climate, nature financing

COP28 cannot 'succumb to doomism' on 1.5°C

COP28 must not "succumb to doomism" on the 1.5°C target and risk losing much-needed ambition, Morningstar has warned.

Indonesia and Vietnam to launch JETP investment plans by COP28

Ahead of COP28, Indonesia and Vietnam are set to launch investment plans for their Just Energy Transition Partnerships (JETP), which could also address the "early phase out" of coal plants.

Abu Dhabi Islamic Bank readies debut green sukuk ahead of COP28

With COP28 looming, Abu Dhabi Islamic Bank (ADIB) has mandated five banks to market its debut US dollar-denominated green sukuk deal.

Technology-based solutions 'could bring credibility to the carbon market'

Technology-based solutions could help bring more credibility to the voluntary carbon market, and play a pivotal role in the Article 6 mechanism expected to be thrashed out at COP28, a project developer has said.

Blueprint for 'loss and damage' fund drawn up ahead of COP28

A preliminary design for the controversial 'loss and damage' fund has been sent to COP28 negotiators - but the proposal lacks the support of the US, casting doubt over whether it will be agreed at the summit next month.

Investors 'trapped in quandary over whether 1.5°C is achievable'

Investors are "trapped" in a quandary of working towards targets based on keeping warming to 1.5°C, while confidence evaporates that countries and companies are reducing emissions at a fast enough rate to do so, an asset owner has warned.

Ninety One: Transition perpetuating 'climate colonialism'

Efforts to encourage emerging markets to transition often perpetuate "climate colonialism" and set "uneven goalposts", Ninety One has told Environmental Finance.