Archive

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.

COP28: 'Milestone' NZDPU climate open data tool gets initial launch

The Net Zero Data Public Utility (NZDPU) has launched an initial "proof-of-concept" of its climate transition data tool which is set to provide the first global private sector centralised and open data source.

MAS launches transition taxonomy and pilots 'transition credits'

The Monetary Authority of Singapore (MAS) has launched a 'transition' taxonomy for eight priority sectors, and announced a 'transition credit' coalition for 'early phase out' of coal power plants.

COP28: ICMA, IsDB launch sustainable sukuk guidance project

COP28: MAS launches sustainable blended finance programme

The Monetary Authority of Singapore (MAS) has announced two blended finance partnerships, as part of a wider Singaporean platform looking to raise $5 billion in blended capital.