Banks with $29trn in assets pledge to set 2050 'net zero' targets
A group of banks with about $28.5 trillion in assets has joined a UN-convened 'Net Zero Banking Alliance', and in doing so pledged to "align operational and attributable emissions from their portfolios with pathways to net-zero by 2050 or sooner".
Brookfield raising $7.5bn net-zero impact fund, says Carney
Brookfield Asset Management plans to raise as much as $7.5 billion for a 'net zero impact fund' that will aim to drive reductions in the greenhouse gas (GHG) emissions of the companies and assets in which it invests, Mark Carney has said.
Cautiously optimistic response to voluntary carbon blueprint
A blueprint for scaling the voluntary carbon market was today cautiously welcomed as a development that will help boost confidence in carbon offsetting.
CME to launch voluntary carbon offsets futures contract
How to scale the carbon offset market
The Taskforce on scaling voluntary carbon markets will next week publish its final recommendations. Annabelle Palmer spoke with market participants to hear their thoughts on the proposals outlined so far
Creating a clear path for mandatory reporting
The UK government's climate disclosures roadmap is welcome because it is clear about why this move to mandatory must happen, says Yen Pei Chen
Carney Taskforce urged to back blue carbon market for mangrove restoration
Regeneration of mangrove forests could unlock significant carbon sequestration benefits by 2040
Consultation launched for early finance carbon unit
Verra, an international standards agency for carbon offsets, is seeking public consultation on the proposal for a new Early Finance Carbon Unit (EFCU) unit that could be used to facilitate early flows of funding to carbon offset projects