Genevieve Redgrave

Agreement reached on $250m-300m deal to close Indonesian coal plant

A memorandum of understanding (MOU) has been signed to explore the early retirement of an Indonesian coal-fired plant, the first such agreement to be reached under the country's pioneering Energy Transition Mechanism (ETM).

COP27: 32% rise in climate-related ETFs and mutual funds

The number of climate-related mutual and exchange-traded funds (ETFs) increased by 32% in 2022, although the combined value of these vehicles was driven down by macroeconomic trends...

Banks join $10bn Indonesian energy transition group

The Glasgow Financial Alliance for Net Zero (GFANZ) has launched a working group to mobilise capital towards Indonesian's just energy transition.

MUFG launches green transition alliance

GFANZ Asia group to launch coal 'phase out' guidance

Emerging market sovereigns need support with sustainable bonds, says Moody's

Sovereign sustainable bond issuances will help emerging markets fill the just transition financing gap, but multilateral development banks will have to support these as fiscal constraints worsen, Moody's has said.

Pension funds urged to target at-risk emerging markets to support a 'just transition'

The Church of England Pensions Board has urged pension funds to take a more nuanced approach to investing in emerging markets to support a socially just climate transition, including by prioritising countries which are most at risk from physical climate impacts.

Corporate Sustainability Reporting Directive approved by European Parliament

The European Parliament has approved the Corporate Sustainability Reporting Directive (CSRD), which will make sustainability reporting mandatory for large firms in the EU.

APAC investors embracing active ownership, says Schroders

The Asia Pacific region is leading the adoption of active ownership, as more asset owners look to drive outcomes from their investment, Schroders has told Environmental Finance.

Abrdn calls on investors to target 'critically underfunded' climate adaptation

Abrdn has called on investors to scale up climate adaptation investment to tackle the 'adaptation financing gap'.