Archive

  • COP26 president urges end of coal at 'last hope' summit for Paris goals

    14 May 2021

    The incoming president of the UN COP26 climate summit in November said the meeting is the "last hope" of keeping the goals of the Paris Agreement alive, adding the summit should also "consign coal to history".

  • G20 sustainable finance group readies roundtable amid 'rapid progress'

    26 April 2021

    The revitalised G20 sustainable finance study group has been upgraded to a "fully-fledged working group" following accelerating progress, with the group preparing to organise a roundtable in May to set the agenda for 2021 ahead of the COP26 climate summit in November.

  • EU targets €225bn green bond issuance amid strengthened climate push

    16 September 2020

    The EU said it intends to raise 30% of its €750 billion ($890 billion) Next Generation EU (NGEU) recovery fund through the issuance of green bonds, as it boosted its greenhouse gas (GHG) emissions reductions target for 2030.

  • Malaysia launches sustainable finance initiative

    23 July 2020

    Capital Markets Malaysia (CMM) has launched an initiative to spur growth in sustainable financing following recommendations from the nation's securities regulator.

  • Don't bail-out polluting industries, says Guterres

    29 April 2020

    Global leaders urged countries to integrate climate action in their coronavirus (Covid-19) recovery plans, as the UN head pressed for taxpayers money to not be used in rescuing "outdated, polluting" industries.

  • Carney: EU Taxonomy 'still too narrow'

    25 March 2020

    Former Bank of England governor Mark Carney has reiterated that the EU Taxonomy for Sustainable Activities remains "quite proscriptive" despite recent revisions, while he is optimistic it will become richer through the addition of transition activities in the future.

  • Carney makes TCFD push at launch of COP26 private finance agenda

    27 February 2020

    Mark Carney has used the launch of COP26's private finance agenda to urge financial institutions to conduct climate stress tests and disclose comprehensive climate-related information.

  • Alok Sharma appointed President of COP26

    13 February 2020

    Alok Sharma has been appointed the UK minister in charge of the UN COP26 summit in Glasgow, after being been promoted to UK business secretary by the Prime Minister.