Archive

COP29: Transition plan guide for insurance companies launched

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

COP29: 1.5°C slipping away without mandatory transition plans, says Guterres

UN secretary-general António Guterres has called for mandatory rules for corporates and financial institutions to have 1.5°C-aligned transition plans, after warning that efforts to limit global warming to 1.5°C are "slipping away".

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.

GenZero and Trafigura invest $100m in Colombian nature project

Carbon-credit portfolio rating launched

GFANZ launches transition consultation for index investing

The Glasgow Financial Alliance for Net Zero (GFANZ) has launched a consultation on voluntary guidance for the index investing industry, to develop "transition-informed" indices.

Colombia and Brazil give hope for 'next generation of JETPs' ahead of COP29

Momentum is growing behind the "next generation" of Just Energy Transition Partnerships (JETPs) ahead of COP29, with Colombia and Brazil 'country platforms' seeking to learn from the mistakes of earlier initiatives, according to E3G.

Rwanda to develop Article 6 projects pipeline with GenZero and Gold Standard

Rwanda has signed an agreement with carbon standards body Gold Standard and Singapore-based investor GenZero to develop a pipeline of Article 6-compliant carbon credit projects.

BeyondNetZero has proved it isn't too big for climate start-up space

General Atlantic's inaugural BeyondNetZero fund is 'very complementary' to the venture capital strategies, despite being nearly 10x the average VC fund size, its managing director has claimed.