-
'Greenhushing' punishable by regulators, IOSCO greenwashing paper says
04 December 2023Financial institutions under-reporting their sustainability credentials to evade investor scrutiny or regulatory requirements may be punished under existing regulations, according to a report by the board of the International Organisation of Securities Commissions (IOSCO).
-
NZBA grows to 136 banks as 'milestone' targets date looms
04 December 2023The Net Zero Banking Alliance (NZBA) has seen its membership triple to 136 since it launched in 2021, with 90% of those required to set their initial targets already having done so ahead of a key targets deadline next year.
-
COP28: Leaders agree to triple renewable energy, calling for greater investment
04 December 2023Greater investment in renewable energy is needed to support a newly agreed deal to triple renewables capacity and double energy efficiency by 2030 to align with the Paris Agreement goals, heads of state in attendance at COP28 have urged.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
KfW says it will keep buying green bonds as €2.5bn investment mandate completes
04 December 2023German development bank has reiterated its commitment to investing in green bonds after its €2.5 billion ($2.7 billion) eight-year government-mandated market growth promotion programme was successfully completed.
- Comment: Please stop talking about David Attenborough
- The dark side of AI investment
- We don't need a 'Just Transition' bond label
- Attractive valuations demonstrate appeal of transition finance, Schroders says
- If insurance fails from climate risk, then the rest of finance will follow, says Aviva
- Lloyds launches UK food and nature resilience fund
- Erlandsson: Transition-linked bonds more impactful than use-of-proceeds equivalent
- Exclusive: Combined climate and nature value-at-risk tool launched
- The emerging concept of 'nature transition'
- AI data centre sustainable debt spurs innovation - and risk