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TNFD updates nature scenario guidance to tackle user challenges
04 December 2023The Taskforce on Nature-related Financial Disclosures (TNFD) has opened a consultation on the 'advanced' version of its nature scenarios guidance.
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COP28: Leaders agree to triple renewable energy, calling for greater investment
04 December 2023Greater investment in renewable energy is needed to support a newly agreed deal to triple renewables capacity and double energy efficiency by 2030 to align with the Paris Agreement goals, heads of state in attendance at COP28 have urged.
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COP28: Only one in 10 countries has fossil fuel phase out targets, researchers find
04 December 2023National fossil fuel phase out targets are few and far between, researchers have found, amidst ongoing wrangling at COP28 about the necessity of a commitment by countries to phase out fossil fuels.
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COP28: EU-led emerging market green bond initiative signs AfDB partnership
04 December 2023The EU-led Global Green Bond Initiative (GGBI) has signed a partnership with the African Development Bank (AfDB) as part of its plan to expand its emerging and developing market green bond technical assistance programme.
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COP28: PRI leads taskforce on net zero policy and delivering COP27 alignment promises
04 December 2023The Principles for Responsible Investment (PRI) has launched a Taskforce on Net Zero Policy at COP28, backed by the UN.
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COP28: 'Milestone' NZDPU climate open data tool gets initial launch
04 December 2023The 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.
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MAS launches transition taxonomy and pilots 'transition credits'
04 December 2023The Monetary Authority of Singapore (MAS) has launched a 'transition' taxonomy for eight priority sectors, and announced a 'transition credit' coalition for 'early phase out' of coal power plants.
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COP28: MAS launches sustainable blended finance programme
04 December 2023The Monetary Authority of Singapore (MAS) has announced two blended finance partnerships, as part of a wider Singaporean platform looking to raise $5 billion in blended capital.
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COP28: Voluntary carbon market braced for regulatory intervention following IOSCO report
03 December 2023The International Organisation of Securities Commissions (IOSCO) has proposed a set of measures to help regulators bring more integrity to the voluntary carbon market (VCM).
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COP28: US insurers propose plan to ensure insurance cover as catastrophes grow
01 December 2023The US National Association of Insurance Commissioners (NAIC) has proposed a national climate resilience strategy to help ensure the availability of property insurance in the face of severe disasters.