Archive

COP29: Negotiators need to 'pick up when Cali calls', says Greenpeace

Negotiators at COP29 need to integrate recent progress made at the biodiversity-focused COP16, Greenpeace has said, warning against the focus on nature-based carbon credits.

Commercial Bank of Ceylon plans LKR5bn green bond debut

The Commercial Bank of Ceylon (ComBank) is planning to raise up to LKR5 billion ($17 million) from its inaugural green bond, believed to be only the second sustainable bond issuance in the country.

Acciona: Scope 3 metrics should be 'action-oriented'

Spanish infrastructure conglomerate Acciona argues that Scope 3 emission metrics should be "revisited" to focus on securing actions rather than just satisfying reporting to make them more usable and impactful.

CaixaBank to launch innovative 'sustainable supply chain finance' product

Spanish lender CaixaBank is preparing to launch an innovative 'sustainable supply chain finance' (SSCF) product in the "near future" which is focused on the environmental, social and governance (ESG) performance of the suppliers not the buyers.

Trio of impact investors back African renewables development with €84m

Border to Coast Pensions commits £48m to UK clean energy fund

Climate disclosure 'stagnated' in anticipation of reporting rules, Australian regulator finds

Australian financial institutions' disclosure of climate-related risks has "stagnated" compared to previous years, a trend which the regulator suggests was due to organisations waiting for more clarity on greenwashing and disclosure rules.

'UK needs higher pension contributions to capitalise on impact opportunities'

The UK needs to increase its pension contributions if it is to direct more capital towards sustainable solutions, a pension fund network has claimed.

COP29: Land use emissions still 'substantial' despite decline

Land use emissions are still "substantial", despite their steady decline, academics have said, warning that deforestation continues to play a major role.

COP29: Global emissions reach record high in 2024, and time almost up for 1.5°C

There is still no sign that the world has reached a peak in fossil fuel carbon emissions, as emissions reached record levels in 2024, according to the latest Global Carbon Budget report, which warned that time has almost run out to hit the Paris Agreement's 1.5°C target.