Archive

SBTi warms to offsets, in massive move for voluntary carbon market

The Science-Based Targets initiative (SBTi) has said it will take a more accommodative stance towards carbon credits, in a move one observer described as a "massive" moment for the voluntary carbon market.

News round-up: US climate targets, US Solar Fund, Columbia Threadneedle, FTSE Russell, and more

Investors support US federal climate target in letter to President Biden

People Moves: LPFA, PBOC

The London Pensions Fund Authority (LPFA) has made two hires to help it follow through on its fossil fuel divestment policy.

'Investment-grade' carbon pricing for power sector launched

CDP – formerly known as Carbon Disclosure Project – and low-carbon business coalition We Mean Business have partnered to create an "investment-grade" carbon pricing range for the power sector.

Mapping the finance for Paris

Ian Callaghan and Tessa Tennant examine who is doing what to help finance the commitments made as part of the Paris Agreement on climate change.

Investors start to weigh water risks

Investor interest in corporate water risk is increasing fast. A range of tools and services are being developed to help companies respond. Graham Cooper reports

Trump executive order takes 'sledgehammer' to US climate action

US President Donald Trump has signed an executive order cancelling the Clean Power Plan (CPP) – the flagship climate policy of his predecessor – in a move described "taking a sledgehammer to US climate action".

Trading in European renewables certificates rises 80% in five years

Demand for renewable energy 'Guarantees of Origin' (GOs) in Europe has risen by more than 80% between 2011 and 2016, according to industry statistics.

CDP partners with business leaders to determine carbon price that aligns with 2°C scenario

Environmental non-profit CDP, formerly known as the Carbon Disclosure Project, has partnered with We Mean Business to launch an initiative designed to determine a carbon price that is consistent with a 2°C scenario.