Archive

TNFD updates nature scenario guidance to tackle user challenges

The Taskforce on Nature-related Financial Disclosures (TNFD) has opened a consultation on the 'advanced' version of its nature scenarios guidance.

'Greenhushing' punishable by regulators, IOSCO greenwashing paper says

Financial institutions under-reporting their sustainability credentials to evade investor scrutiny or regulatory requirements may be punished under existing regulations, according to a report by the board of the International Organisation of Securities Commissions (IOSCO).

NZBA grows to 136 banks as 'milestone' targets date looms

The Net Zero Banking Alliance (NZBA) has seen its membership triple to 136 since it launched in 2021, with 90% of those required to set their initial targets already having done so ahead of a key targets deadline next year.

COP28: GFANZ says integrating nature in net-zero transition planning is priority for 2024

COP28: Leaders agree to triple renewable energy, calling for greater investment

Greater investment in renewable energy is needed to support a newly agreed deal to triple renewables capacity and double energy efficiency by 2030 to align with the Paris Agreement goals, heads of state in attendance at COP28 have urged.

COP28: Roadmap guiding banks and insurers to finance 'just transition' launched

COP28: Only one in 10 countries has fossil fuel phase out targets, researchers find

National fossil fuel phase out targets are few and far between, researchers have found, amidst ongoing wrangling at COP28 about the necessity of a commitment by countries to phase out fossil fuels.

COP28: EU-led emerging market green bond initiative signs AfDB partnership

The EU-led Global Green Bond Initiative (GGBI) has signed a partnership with the African Development Bank (AfDB) as part of its plan to expand its emerging and developing market green bond technical assistance programme.

COP28: Allianz, EIB emerging market climate fund readies €385m third close

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.