BlackRock and Temasek's JV leads $150m funding round for thermal battery business
BlackRock and Temasek joint-venture, Decarbonization Partners, has led a $150 million Series B funding round for Antora Energy.
COP28: Clarity needed on biodiversity offsets, says TNC
More clarity is needed from governments on how biodiversity credits and offsets could work alongside each other, The Nature Conservancy (TNC) has urged, ahead of the start of the latest international climate conference (COP28).
COP28: 'MDBs need to commit to developing debt-for-nature swaps'
At COP28, multilateral development banks (MDBs) need to commit to further developing the infrastructure of debt-for-nature swaps to help grow the market, The Nature Conservancy has said.
WTW launches Asia-Pacific climate risk centre in Singapore
Gabon deal shows rise of nature bond conversions
The Gabon blue bond is the third debt-for-nature deal of this type signed in the last year, boosting confidence these transactions can be scaled. Ahren Lester writes
Gabon secures ground-breaking $500m debt-for-nature blue bond
Gabon has issued a $500 million blue bond to fund a debt conversion which will unlock more than $160 million of funding for ocean conservation projects, becoming the first issuer of such a deal in mainland Africa and on public bond markets.
NatureVest: Demand for biodiversity credits outstripping supply
Demand from investors and corporates for biodiversity credits is far exceeding the available supply, an executive at NatureVest has said.
Investors hail 'momentous' High Seas Treaty
Financiers welcomed the "milestone" UN agreement to protect a third of the High Seas by 2030, but cautioned that further action is needed to ensure it achieves its goals.