Archive

It's time to think beyond offsets

The debate over carbon offsets won't die down anytime soon. But to safeguard the nature, we need to look at alternatives to them, argue Magalie Masamba and Malango Mughogho

COP28: Sustainable finance initiative launches for developing economies

COP28: Sovereign sustainability-linked finance task force launched

Eight 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.

COP28: 'Milestone' NZDPU climate open data tool gets initial launch

The Net Zero Data Public Utility (NZDPU) has launched an initial "proof-of-concept" of its climate transition data tool which is set to provide the first global private sector centralised and open data source.

Mayor of London and Sustainable Development Capital launch decarbonisation fund

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.

10% of sustainability-linked bonds 'not aligned' with ICMA principles, says Fitch

One in ten of the sustainability-linked bonds (SLBs) rated by Sustainable Fitch are "not aligned" with the widely accepted principles administered by the International Capital Market Association (ICMA), almost four-times the level for green, social and sustainability bonds.

'More rigorous' standards see biennial review register big drop in sustainable assets

A big drop in the total assets judged as 'sustainable' globally has been reported in the latest in a series of biennial reviews, with tightened criteria in response to a "rise in greenwashing and greenhushing".

Hydrogen-electric aircraft company raises $116m

ICSWG updates climate competency framework to include stewardship reporting