Archive

  • Simplify 'major source of regulatory burden' of sustainability reporting, urges Draghi report

    09 September 2024

    The EU should simplify its sustainability reporting and due diligence framework as part of efforts to rescue the bloc from economic underperformance and promote its competitiveness internationally, according to a report by Mario Draghi.

  • SBTi board faces resignations and staff ire after change to carbon credit stance

    12 April 2024

    The Science-Based Targets initiative (SBTi) Board of Trustees has come under fire for changing its stance on corporate use of carbon credits for Scope-3 emissions reduction targets, which has been described as a "major departure" from existing policy.

  • MEPs object to gas, nuclear inclusion in EU Taxonomy

    14 June 2022

    European politicians on two key parliamentary committees have objected to the inclusion of gas and nuclear projects in the EU Taxonomy for sustainable activities,...

  • 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.

  • COP 26 delay 'could lead to better outcome'

    02 April 2020

    Investors have argued that the postponement of the COP 26 in Glasgow, confirmed by organisers yesterday, could increase the likelihood of a strong agreement being reached at the annual climate summit, when it is finally held.

  • EU reveals role for private finance in €100bn Just Transition Mechanism

    15 January 2020

    The European Commission has outlined the role for private finance in its Green Deal Investment Plan, including by encouraging €45 billion ($50 billion) of blended finance through a Just Transition Mechanism.

  • Comment: The Taoiseach's speech

    17 May 2019

    Leo Varadkar's appearance at a sustainable finance conference at Dublin this week sent an important signal to the financial community, says Peter Cripps

  • Irish sovereign wealth fund divests from fossil fuel companies

    07 January 2019

    Ireland’s sovereign wealth fund has sold €68 million ($78 million) of its holdings in fossil fuels, with the country claiming it is among the first in the world to withdraw public money from such investments as part of a decarbonisation strategy.

  • MEPs support for EU ETS could treble carbon price

    15 February 2017

    Members of the European Parliament (MEPs) have agreed to strengthen the EU Emissions Trading Scheme (ETS) in a move which one analyst said has the potential to triple allowance price forecasts for 2020.

  • Ship owners and NGOs object to EU ETS reform proposals

    19 December 2016

    A proposed revision of the EU's pioneering Emissions Trading System (ETS) is facing strong opposition from ship owners and some environmental NGOs.