Archive

Fewer than one in five countries have 1.5°C aligned targets, investor-led analysis reveals

Only four countries among a group of 25 studied have emissions reduction targets that align with the Paris Agreement's goal to limit warming to 1.5°C, according to analysis by an investor-led project.

Opening the black box of sovereign debt and climate risks

Sovereign debt investors are ready to use the first-of-its-kind Ascor tool to assess countries' climate progress, Adam Matthews and Esther Law tell Michael Hurley

KKR to take British 'smart meters' firm private for £1.4bn

Eurazeo maritime climate upgrade fund targets $300m fundraise in 2024

Eurazeo is planning to raise at least $300 million from its private debt, climate-themed upgrade fund for the maritime sector, which is expected to launch later in 2024.

Revaia bags €150m in growth fund first close

Review on transition finance to support developing countries imminent, says UK

Australia passes legislation to create biodiversity credit market

Australia has formally passed legislation to protect and restore nature and developed a 'first-of-its-kind' biodiversity credit market, but last-minute concessions means offsets will be outlawed.

ISDA to publish sustainability-linked derivative legal clauses

The International Swaps and Derivatives Association (ISDA) will release a set of legal clauses this month to promote sustainability-linked derivatives (SLD), in its first step towards standardising the nascent market.

COP28: Coal plant shut-down deal takes significant step forward, but will still operate until 2035

From Peter Cripps at COP28 in Dubai

COP28: First Global Stocktake draft 'not particularly groundbreaking', says Actis