News

Iceberg launches sovereign climate and biodiversity dataset

Iceberg Data Lab (IDL) has launched a dataset assessing the "true impact" of 120 countries on climate change and biodiversity impact, including their progress towards the Paris Agreement goals.

SLBs linked to donations or carbon credit investments are 'promising'

Sustainability-linked bonds (SLBs) which use the financial penalties for missing targets to make donations or purchase carbon credits should be looked at more closely by the market,...

Fidelity International preps first TNFD report

Fidelity International is preparing to report in line with the Taskforce on Nature-related Financial Disclosures (TNFD) next year, but difficulties remain on metrics and targets.

Republicans could back US CBAM but SEC climate rule unlikely to survive, Ceres says

A Trump-led Republican Party could support the development of a carbon tax on imports, even as it pushes to deregulate and cut other climate-related measures, according to Ceres.

COP29: 'Historic step' for carbon markets, as Article 6 crosses finish line

One of the main achievements of COP29 was the "historic" progress made in developing international carbon markets with the blessing of the UN.

EU sustainability 'omnibus' regulations 'like a bad omelette'

The EU plans to combine a trio of major sustainable finance-related disclosure rules into a combined 'omnibus' regulation risks just consolidating rather than correcting problems with the existing regulations, a senior sustainable finance executive in Asia told Environmental Finance.

COP29: 'No time for victory laps' as NCQG falls short of expectations

Efforts to enhance current financial commitments to tackle climate change at COP29 in Baku, Azerbaijan, faced criticism as talks finished amid dissent by developing countries.

EU proposal to bring sustainable finance rules into single regulation risks 'chaos'

Suggestions that the EU could bring sustainable finance-related disclosure rules into a single, 'omnibus' regulation to "reduce the reporting burden" risks unnecessary chaos, thinktank E3G has said.

People moves, 22 November: Gresham House, NZAOA, Quinbrook, Ashmore ... and more

Indonesia brings forward coal phase out

Indonesia has announced plans to retire all fossil fuel power plants by 2040, 16 years earlier than its previous deadline.