Archive

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.

Net Zero Asset Alliance paper maps out Paris Alignment for high‐emitting sectors

The Net Zero Asset Alliance in conjunction with the Institute for Sustainable Futures (ISF) has published the 'Sectoral Pathways to Net Zero' paper, which maps out possible 1.5 °C pathways for five key high‐emitting sectors: energy, utilities, materials in specific steel and cement, and transport.

Carney launches private finance strategy for COP26

Mark Carney has launched the UK's Private finance Strategy for COP 26, which includes proposals to help countries require disclosures in line with the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD).