Archive

COP28 deal to transition away from fossil fuels 'keeps 1.5°C alive' - but loopholes remain

Countries have agreed to transition away from fossil fuels in an historic first for a UN climate conference, with claims it "keeps 1.5°C alive" - but observers warned of several "loopholes" that could undermine its implementation.

COP28: EU 'slowing progress on Article 6'

As negotiations on Article 6 continue into the second week of COP28, Environmental Finance has heard that EU may be looking to 'curtail' negotiations amid concerns about how its own carbon mechanisms could be affected.

COP28: EIF commits €200m to four climate action PE and VC funds

COP28: PRI leads taskforce on net zero policy and delivering COP27 alignment promises

The Principles for Responsible Investment (PRI) has launched a Taskforce on Net Zero Policy at COP28, backed by the UN.

People Moves, 1 December: Nuveen, CIF, Wellington Management, Astanor Ventures

Companies face failure to comply with EU deforestation law, Ceres says

Few of the world's biggest companies are taking "ambitious action" on deforestation, and run the risk of failing to comply with incoming legislation, Ceres has said.

'More rigorous' standards see biennial review register big drop in sustainable assets

A big drop in the total assets judged as 'sustainable' globally has been reported in the latest in a series of biennial reviews, with tightened criteria in response to a "rise in greenwashing and greenhushing".

Discussions over inclusion of financial sector in EU due diligence rules shunted to December

Financial institutions calling for the inclusion of the sector in EU due diligence rules will have to wait until next month to find out if they have been successful, when the next meeting of EU institutions is understood to be planned.

PRI urges investors to push for human rights policies

$11trn group of investors back responsible mining commission