Vague COP15 agreement is 'not a Paris moment', warns HSBC
The global biodiversity framework agreed at the COP15 conference this week failed to meet expectations among some observers that it could provide an equivalent target to 'net zero' for nature, according to a research note by HSBC.
COP15 text is foundation for private sector work on metrics, LGIM says
The agreement by countries at COP15 to protect 30% of land and sea biodiversity by 2030 is likely to leave private sector initiatives to do much of the heavy lifting in areas such as devising nature-related metrics and targets, a large asset manager has said.
My first biodiversity COP
Thomas Cox provides a snapshot of a day at the COP15 conference in Montreal
COP15: Germany grants €29m to TNFD
Montreal: The German government announced €29 million ($31 million) of support for the Taskforce on Nature-related Financial Disclosures (TNFD) at COP15, to support development and adoption of nature-related disclosures.
COP15: Can we finally get agreement on financing?
Regulated voluntary carbon markets should be a key tool to protect and restore nature, argues Naomi Swickard
COP15: JGP-WWF blended agroforest fund to target R$220 million
A forest restoration fund with a target of raising R$220 million ($41 million) by the end of its first year will be co-managed by JGP Asset Management and World Wildlife Fund (WWF), it was announced at COP15.
COP15: ISSB signals intent to ramp up work on nature
The body developing international sustainability reporting standards has said it intends to ramp up efforts to include nature after it completes its work on climate, as it told attendees at the COP15 biodiversity conference that company value creation is inextricably linked to nature.
COP15: Schroders to file environmental resolutions 'more frequently'
Asset manager Schroders will file resolutions at companies related to sustainability more often in the coming years, an executive has said.
COP15: $24trn investor group calls for agreement on Global Biodiversity Framework
150 financial institutions representing over $24 trillion in assets under management have called on countries to adopt a post-2020 Global Biodiversity Framework at the UN Biodiversity Conference (COP15).
COP15 agreement 'not only road' to nature transparency
Montreal: Financial institutions will have to report on their nature risks regardless of the outcome of COP15 due to nature-related action from central banks, an executive at Rabobank has said.