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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.
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COP: Sustainable food and agriculture declaration a 'positive signal' for the market
01 December 2023A high-level declaration to develop more sustainable food and agriculture systems has been signed by 134 world leaders at COP28, providing a 'positive signal' for the market, Environmental Finance has heard.
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COP28: BlackRock, Brookfield and TPG commit to $30bn emerging markets climate fund
01 December 2023The UAE has launched a $30 billion fund for climate solutions in emerging and developing markets, with aims to attract $250 billion in further capital commitments by 2030.