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COP28: Sovereign sustainability-linked finance task force launched
05 December 2023Eight development banks and financial institutions have launched a technical task force to support the development and growth of the sustainability-linked finance market for sovereign issuers to achieve global climate and nature goals.
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COP28: We need carbon markets, say Carney, Kerry and Banga
04 December 2023Mark Carney and other influential figures said carbon credits are essential to combat climate change - but they discussed the need to bring integrity to the much-criticised market.
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TNFD updates nature scenario guidance to tackle user challenges
04 December 2023The Taskforce on Nature-related Financial Disclosures (TNFD) has opened a consultation on the 'advanced' version of its nature scenarios guidance.
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COP28: GFANZ says integrating nature in net-zero transition planning is priority for 2024
04 December 2023 -
COP28: Leaders agree to triple renewable energy, calling for greater investment
04 December 2023Greater investment in renewable energy is needed to support a newly agreed deal to triple renewables capacity and double energy efficiency by 2030 to align with the Paris Agreement goals, heads of state in attendance at COP28 have urged.
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COP28: Roadmap guiding banks and insurers to finance 'just transition' launched
04 December 2023 -
COP28: Only one in 10 countries has fossil fuel phase out targets, researchers find
04 December 2023National fossil fuel phase out targets are few and far between, researchers have found, amidst ongoing wrangling at COP28 about the necessity of a commitment by countries to phase out fossil fuels.
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COP28: EU-led emerging market green bond initiative signs AfDB partnership
04 December 2023The EU-led Global Green Bond Initiative (GGBI) has signed a partnership with the African Development Bank (AfDB) as part of its plan to expand its emerging and developing market green bond technical assistance programme.
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COP28: Allianz, EIB emerging market climate fund readies €385m third close
04 December 2023 -
COP28: PRI leads taskforce on net zero policy and delivering COP27 alignment promises
04 December 2023The Principles for Responsible Investment (PRI) has launched a Taskforce on Net Zero Policy at COP28, backed by the UN.