Archive

VOX COP: Pierre Abadie - renewables pledge 'is big deal'

An agreement to treble investments in renewable energy and double investment in energy efficiency has made COP28 the most important UN climate summit for years, according to Pierre Abadie, group climate director at impact investor Tikehau Capital.

Eight charts that highlight the growth potential of the US Green Transition

The US is poised for a monumental shift in spearheading global climate initiatives, writes Rahul Bhushan

Mirova targeting €350m for sustainable land management strategy

Mirova has launched a second iteration of its sustainable land management fund, targeting a raise of €350 million ($379 million).

SocGen raises €10m from first 'blockchain' green bond

Société Générale has raised €10 million ($11 million) from its first digital green bond using blockchain, which the French bank said was a "first step" towards using blockchain as a sustainability impact data and certification tool for green bond issuers and investors.

NZAOA sets transition planning principles, policy engagement guidance

A $9.5 trillion group of asset owners has set out guidelines on designing 'credible' transition plans and on aligning lobbying and advocacy with decarbonisation goals, areas it said were "crucial, but often challenging, elements for working on net-zero commitments".

COP28: We need carbon markets, say Carney, Kerry and Banga

Mark Carney and other influential figures said carbon credits are essential to combat climate change - but they discussed the need to bring integrity to the much-criticised market.

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