COP28: BlackRock, Brookfield and TPG commit to $30bn emerging markets climate fund
The UAE has launched a $30 billion fund for climate solutions in emerging and developing markets, with aims to attract $250 billion in further capital commitments by 2030.
COP28: Opening ceremony invokes spirit of Yoda
The curtain was raised on the COP28 climate jamboree today, with a colourful session in which its President made the case for including fossil fuels and a top UN climate chief invoked the wisdom of Yoda.
Loan round-up: Bapco Energies, GP Industries, KWAP... and more
COP28: Loss and damage fund secures $277.5m, as conference 'gets off to strong start'
COP28 made "an important breakthrough" on its first day, when a fund to help vulnerable countries adapt to the effects of climate change was put into operation, with $277.5 million committed by several governments.
COP28: 'Unrealistic' to expect agreement to phase out fossil fuels, says Deutsche Bank
The COP28 climate talks kicking off today in Dubai are unlikely to result in an agreement to phase out fossil fuels, given its setting in one of the world's biggest oil and gas producing countries, warned Deutsche Bank.
Nature-based infrastructure a key investment opportunity, says UN
COP: MAS to announce new blended finance initiatives
Net zero targets can oblige progress reporting in financial accounts, says IASB committee
Setting net zero commitments can oblige companies to report their performance against climate targets under existing financial accounting standards, according to the International Accounting Standards Board (IASB) interpretations committee.
Companies face failure to comply with EU deforestation law, Ceres says
Few of the world's biggest companies are taking "ambitious action" on deforestation, and run the risk of failing to comply with incoming legislation, Ceres has said.