Archive

Carbon market leaders join up on Article 6

COP29: PRI, UNEP FI and others make recommendations for new climate finance framework

COP29: 1.5°C slipping away without mandatory transition plans, says Guterres

UN secretary-general António Guterres has called for mandatory rules for corporates and financial institutions to have 1.5°C-aligned transition plans, after warning that efforts to limit global warming to 1.5°C are "slipping away".

COP29: MUFG backs Canada-led blended finance initiative

Canada has launched a $1.5 billion blended finance 'platform' that aims to provide climate finance to climate projects in "up to" 25 emerging markets and developing economies, with backing from MUFG.

Trio of impact investors back African renewables development with €84m

COP29: Land use emissions still 'substantial' despite decline

Land use emissions are still "substantial", despite their steady decline, academics have said, warning that deforestation continues to play a major role.

COP29: More work to do on Article 6, says UNFCCC's Stiell

There is still more work to do on Article 6, a UN climate lead has told COP29, but praised "a good start" for the mechanism at the conference.

COP29: MDBs update 'common framework' and pledge $120bn to climate financing

COP29: Climate crisis an 'economy killer', says UNFCCC's Stiell

The climate crisis is an "economy killer" that could be destroying up to 5% of GDP in many countries, according to Simon Stiell, executive secretary of UNFCCC, organiser of COP29.

IFRS flags concern at lack of company reporting on expected impacts of climate change

A review of company reporting has found little progress on company reporting in areas including the impacts of climate change on their businesses, strategies and financial planning, raising concern that investors are being starved of information they need.