Temasek 'unlikely' to meet 2030 targets due to hard-to-abate holdings

'Lower prices and policy uncertainty likely in wake of EU ETS reform'

A lower cost of emitting can be expected in the wake of the EU revealing details of its reform of its Emissions Trading Scheme (ETS) - but policy uncertainty remains and is likely to be the biggest determinant of prices in the short-term, an asset manager said.

Banks need to do more conservation finance, says Emirates NBD

Many banks "don't do enough" work on conservation finance in emerging markets, said Emirates NBD as it warned of a "fundamental gap" for financing the protection of threatened species.

California consults on changes to delayed climate reporting rule

The California Air Resources Board (CARB) has requested feedback on proposed changes to its climate disclosure rules, including a three-month delay to the first reporting deadline.

EBA publishes standards for ESG reporting by banks

GIX pushes back launch date to 2027 amid 'challenging' backdrop

The Green Impact Exchange (GIX), the first sustainability-focused stock exchange, has pushed back its launch date amid a more challenging fundraising environment for sustainability-focused companies and politicisation of ESG in the US.