News

Webinar: COP29 a missed opportunity to support private sector transition planning

A lack of progress on negotiations at COP29 is undermining hopes that countries could support the creation of an international framework that would support private sector transition planning, a webinar hosted by the IFC and Environmental Finance heard.

Bahamas signs 'ground-breaking' $300m debt-for-nature loan deal

The Bahamas has signed a $300 million loan with Standard Chartered as part of a ground-breaking marine conservation-focused debt conversion transaction developed with The Nature Conservancy (TNC) and Inter-American Development Bank (IDB).

Account for nature on balance sheets, says Sustainable Markets Initiative

The public and private sectors have been encouraged to account for nature as an asset by the Sustainable Markets Initiative (SMI) to deliver more accurate balance sheet information.

UN Principles for Responsible Banking cuts reporting requirements

COP29: Sweden pushes forward on Article 6.2

Sweden has signed bilateral agreements on emissions trading with Nepal and Zambia as part of the Article 6.2 mechanism of the Paris Agreement as COP29 comes to a close.

EU approves carbon farming certification

The European Council has approved regulation which will introduce a certification for carbon removals and carbon farming, but critical details remain left to decide.

COP29 could be remembered as the 'blended finance COP', AllianceBernstein says

COP29 could be remembered as "the blended finance COP" if its climate finance pledges are matched with sufficient ambition in the next round of national climate targets, AllianceBernstein has suggested.

SEC charges Adani Green Energy execs over bribery allegations

Adani Green Energy executives Gautam Adani and Sagar Adani have been charged by the US Securities and Exchange Commission (SEC), alongside Azure Power Global's Cyril Cabanes "for conduct arising out of a massive bribery scheme".

COP29: Finance text draws criticism for missing 'elephant in the room' of numbers

The latest draft text of the centrepiece of COP29 negotiations has been criticised for failing to provide detail on the much-contested aspect of how much money countries commit to provide annually to climate mitigation and adaptation.

Webinar: Regulatory change and occupiers driving net-zero alignment in real estate

Getting net zero alignment right can significantly impact returns from real estate, an Environmental Finance webinar sponsored by Verco heard, as the sector faces demands from regulators and occupiers.