Archive

COP29: Transition plan guide for insurance companies launched

COP29: Private sector partners with policymakers, regulators for transition plan network

COP29 finance day: Harmonisation initiatives the highlight of underwhelming day

Multi-jurisdiction taxonomies and a push for harmonised transition plan rules stole the headlines, as finance proved a sticking point, Michael Hurley writes

IOSCO encourages regulators to clarify issuers' liability for transition plans

Standard setters and regulators have been "encourage[d]" to provide "markers on what would constitute forward-looking information" to show preparers of transition plans the extent of information they can provide without expecting to be sued.

COP29: GFANZ backs call for regulators to define coal phaseout as transition finance

Governments and regulators could help investors by 'clarifying' that finance provided to accelerate the phaseout of coal plants counts as transition finance, according to the first report by the Coal Transition Commission (CTC) published at COP29.

Trump victory 'will cast a shadow over' COP29

Donald Trump's victory in this week's US federal election, and his earlier pledge to remove the country from the Paris Agreement for a second time, "will cast a shadow over" the COP29 UN climate negotiations beginning next week.

Members network to push for 'global norms' on transition plans after TPT disbands

A membership network is set for launch that will "support the development of global norms for transition plans", the Transition Plan Taskforce (TPT) revealed in a report marking the end of the taskforce.

Webinar: Vague definition of greenwashing deters 'transition' finance

The growth of 'transition' finance is being held back by fears among debt issuers of being accused of greenwashing - a situation exacerbated by national regulators failing to clearly define what constituted greenwashing, a webinar hosted by Environmental Finance heard.

Current scenario analysis 'not decision useful' for pension funds - for now

High-level climate scenario analysis is not currently used by pension funds to inform investment decisions, an Environmental Finance event heard - but there are ways more focused and short-term scenarios that can be useful now and in the future.

Increasing offshore wind auction ambition

Despite the latest auction, a lot more must done to meet the UK's offshore wind target of 50GW by 2030, writes Shane O'Connor