Archive

The 'zero' challenge: offsetting

Despite the weaknesses of carbon offsets, they remain a necessary tool for some investors as they plan for net zero emissions, write Chris Varco and Simon Hallett

Giant $12bn impact haul led by Carney, Paulson funds

Climate-themed impact funds by private equity giant TPG and alternatives asset manager Brookfield have raised a combined total of $12.4 billion to invest in areas including renewable energy, transport and agriculture.

Insurance giants form Net-Zero Insurance Alliance

Carney: institutions to be asked 'are you in or out of GFANZ' pre-COP26

Aviva: OECD climate platform could reduce greenwashing

Aviva Investors has renewed calls for an Organisation for Economic Co-operation and Development (OECD) climate finance platform it said could reduce greenwashing by encouraging investment in emerging markets.

Nature-based solutions carbon credit market Climate Impact X launched

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