Archive

Basel Committee to consult on bank climate disclosure requirements

The Basel Committee on Banking Supervision (BCBS) is to consult this year on climate-related disclosure requirements that it plans to add to international standards for capital requirements.

GFANZ APAC launches consultation on managed coal phase out

The Asia Pacific chapter of the Glasgow Financial Alliance for Net Zero (GFANZ) has published guidance for financing the early retirement of coal-fired power plants.

SBTN launches corporate science-based targets for freshwater and land

Corporates can begin to prepare science-based targets for nature for the first time as the Science Based Targets Network (SBTN) has launched criteria for setting freshwater and land objectives.

LeapFrog: reaching emerging markets

There is correlation between impact and returns, according to LeapFrog Investments. Peter Cripps reports

Temasek-backed ABC Impact invests in biodegradable plastics

There is no alternative to carbon markets, says Temasek's GenZero

While scrutiny of the carbon market should be welcomed, criticism of the carbon market is unfair unless an alternative is presented, the CEO of Temasek's GenZero told Environmental Finance.

Impact verifiers BlueMark raise $10 million

Royal Bank of Canada ranked world's biggest fossil fuel financier

The Royal Bank of Canada (RBC) has been ranked the world's biggest financier of fossil fuels, as banks across the US, Canada and Japan continue to dominate financing for oil and gas expansion.

ASEAN taxonomy update details coal phase out

The ASEAN Taxonomy Board has included the early phase out of coal assets as a green or amber activity in the second version of its taxonomy - in what it claims is a first in any regional taxonomy.

Brookfield-led consortium to acquire Australian power generator

A consortium of Brookfield Renewable Partners, GIC, Temasek and MidOcean Energy, have agreed to acquire Australia's largest integrated power generator, Origin Energy, for AUD18.7 billion ($12.4 billion).