• COP28: BlackRock, Brookfield and TPG commit to $30bn emerging markets climate fund

    01 December 2023

    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

    30 November 2023

    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.

  • COP28: Loss and damage fund secures $277.5m, as conference 'gets off to strong start'

    30 November 2023

    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

    30 November 2023

    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.

  • Net zero targets can oblige progress reporting in financial accounts, says IASB committee

    30 November 2023

    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

    29 November 2023

    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.