Archive

IPCC report sets scene for COP26 action on carbon price - LGIM

The forthcoming UN climate conference (COP26) in Glasgow requires drastic action to cut emissions, as shown last week by a landmark report - and investors will be watching for a global price on carbon, according to Legal and General Investment Management (LGIM).

Biodiversity COP set to be delayed again, 'with implications for COP26'

A summit to agree a global framework to promote biodiversity is set to be delayed until next year, Environmental Finance has learned from sources who suggest that there may be implications for the UN's climate conference (COP26) set for November.

Initiative launches to build 'integrity' in voluntary carbon markets

An initiative supported by the organisers of COP26 and US Special Presidential Envoy for Climate John Kerry has launched to "improve the integrity of voluntary carbon markets" through measures including guiding companies on what constitutes a high-quality carbon credit.

Carney: institutions to be asked 'are you in or out of GFANZ' pre-COP26

UN Secretary General tells insurers to go 'net zero'

With $35 trillion of assets under management the insurance sector plays a key role...

IEA net-zero roadmap 'turning point' for energy sector ahead of COP26

After years of being judged a climate modelling laggard, the IEA has published a 'landmark' net-zero emissions roadmap which campaigners say raises the stakes for governments and companies ahead of the COP26 summit. Ahren Lester reports

COP26 calls for investors to commit to net-zero carbon and net-zero deforestation

The organisers of November's climate summit have called on institutional investors to commit to net-zero carbon and net-zero deforestation.

COP26 president urges end of coal at 'last hope' summit for Paris goals

The incoming president of the UN COP26 climate summit in November said the meeting is the "last hope" of keeping the goals of the Paris Agreement alive, adding the summit should also "consign coal to history".

IFRS intends to announce 'sustainability standards board' at COP26

The trustees of the International Financial Reporting Standards (IFRS) Foundation intend to publish in September a road map for the creation of a 'sustainability standards board', with a view to formally announcing the initiative at COP26 in November.

$9trn collaboration of asset managers commit to net zero emissions

The Institutional Investors Group on Climate Change (IIGCC) has formed an initiative of asset managers, representing over $9 trillion, which have committed to align their portfolios with the goals of the Paris climate agreement.