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Account for nature on balance sheets, says Sustainable Markets Initiative
21 November 2024The public and private sectors have been encouraged to account for nature as an asset by the Sustainable Markets Initiative (SMI) to deliver more accurate balance sheet information.
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UN Principles for Responsible Banking cuts reporting requirements
21 November 2024 -
Generate Capital secures $1.2bn credit facility for transition investments
21 November 2024 -
NextEnergy UK solar fund acquires latest asset
21 November 2024 -
COP29: Sweden pushes forward on Article 6.2
21 November 2024Sweden has signed bilateral agreements on emissions trading with Nepal and Zambia as part of the Article 6.2 mechanism of the Paris Agreement as COP29 comes to a close.
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EU approves carbon farming certification
21 November 2024The European Council has approved regulation which will introduce a certification for carbon removals and carbon farming, but critical details remain left to decide.
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COP29 could be remembered as the 'blended finance COP', AllianceBernstein says
21 November 2024COP29 could be remembered as "the blended finance COP" if its climate finance pledges are matched with sufficient ambition in the next round of national climate targets, AllianceBernstein has suggested.
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IDB Invest proposes $200m commitment for Paraguayan project
21 November 2024 -
SEC charges Adani Green Energy execs over bribery allegations
21 November 2024Adani Green Energy executives Gautam Adani and Sagar Adani have been charged by the US Securities and Exchange Commission (SEC), alongside Azure Power Global's Cyril Cabanes "for conduct arising out of a massive bribery scheme".
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COP29: Finance text draws criticism for missing 'elephant in the room' of numbers
21 November 2024The latest draft text of the centrepiece of COP29 negotiations has been criticised for failing to provide detail on the much-contested aspect of how much money countries commit to provide annually to climate mitigation and adaptation.