Genevieve Redgrave

COP28: Debt-for-nature swaps encouraged by France, Colombia and Kenya

The French, Colombian and Kenyan governments have encouraged the use of 'debt-for-nature swaps' as a key mechanism for scaling up nature finance, amidst the launch of a review into national debt hindering sustainable investment.

COP28: EU 'slowing progress on Article 6'

As negotiations on Article 6 continue into the second week of COP28, Environmental Finance has heard that EU may be looking to 'curtail' negotiations amid concerns about how its own carbon mechanisms could be affected.

AXA creates mangrove protection insurance policy

Nature-based solutions 'insufficient' if $5trn of 'nature negative' investments are not tackled

Private investors are still investing upwards of $5 trillion annually into investments that have a direct negative impact on nature, a report by the UN Environment Programme has found.

COP28: 18 countries join pledge to scale nature finance

18 countries have signed a high-level declaration to protect and preserve nature, which includes scaling up private finance into nature-related approaches and improving nature reporting interoperability.

COP28: Amundi launches European agriculture fund

TNFD and IBAT provide open-access biodiversity map

TNFD introduces initial footprinting guidance for FIs

The Taskforce on Nature-related Financial Disclosures (TNFD) has proposed guidance for how to report for eight sectors, and preliminary guidance on biodiversity footprinting for financial institutions.

Aviva invests $6.2m in Canadian afforestation project

MAS launches ESG rating code of conduct

The Monetary Authority of Singapore (MAS) has published a code of conduct for ESG rating and data providers, in a bid to improve transparency and comparability between methodologies and products.