New York City files to sue five oil majors, plans $5bn pension fossil fuel divestment

US launches task force that will study CBAM-style rules

The US government has established a White House Climate and Trade Task Force to study ways it can tackle "carbon leakage, carbon dumping, and embodied carbon in general" and draw lessons from the EU's Carbon Border Adjustment Mechanism (CBAM).

US lawmakers approve bill seeking to block SEC climate rule

Canadian taxonomy useless if it includes new oil and gas, government warned

Hard-to-abate 'transition' bonds can be 'green' if obsolescence risk managed

Bond issuances tackling hard-to-abate sectors can have their transition-focused bonds judged as green bonds if they manage "obsolescence risk," a sustainable bond investor told an Environmental Finance event.

Agriculture Capital targeting $600m for regenerative agriculture fund

The firm's latest fund will diversify into generating carbon credits, Ricardo Vernazza-Paganini tells Genevieve Redgrave