ASCOR to assess countries based on contribution to $100bn climate finance goal
A first-of-its-kind free tool to help bond investors assess countries' climate progress has been launched that will see investors rate sovereigns on factors including their contribution to the problem and the finance they commit to address it, following changes to its draft methodology.
Major investor groups identify what 'good' climate policy looks like
$42trn investor group tells governments to act on methane pledge
602 investors representing about $42 trillion in assets under management have called on governments ahead of COP27 to implement five policy actions, including committing to implement the Global Methane Pledge.
IPCC report 'highlights need for adaptation finance'
The latest report from the UN's Intergovernmental Panel on Climate Change (IPCC) laid bare the pressing need to invest in adapting to the physical impacts of a warming planet.
Investors must scrutinise Asian companies' CCS assumptions
Investors have been urged to carefully scrutinise the carbon capture and storage solutions (CCS) projections associated with the net-zero transition plans of Asian companies.
CLP to cut out coal by 2040 following engagement
Hong Kong-based power company CLP Group will drop coal by 2040 and target net zero by 2050...