Archive

COP28 needs to deliver clarity on Article 6

With 100 days to go until COP28, the conference needs to nail down the technicalities of Article 6, if the carbon markets are to be used to help meet national emissions reduction targets, writes Genevieve Redgrave

FAIRR calls on G20 to align agricultural subsidies with climate goals

A coalition of 32 investors managing £5.7 trillion ($7.3 trillion) has urged G20 countries to better align their agricultural subsidies with their climate goals.

Storebrand warns of 'hidden traps' of climate data at heart of ISSB standards

Storebrand Asset Management has warned investors of "hidden traps in climate data" that would lead them to unnecessarily exclude "climate solutions" companies because of greenhouse gas (GHG) emissions linked to their sold products.

Singapore plans SGD1.8bn green bond tap this week

Singapore is planning to raise at least SGD1.8 billion ($1.3 billion) from a tap of its 50-year debut green bond this week.

Engagement is the 'measure of success' on biodiversity, says UBP

It is more valuable to engage on biodiversity-related themes, rather than try to manage 'arbitrary' data points, Union Bank Privée (UBP) has argued.

Mexico 'not currently exploring' sovereign sustainability-linked bond

A senior minister said that Mexico is focused on its 'use of proceeds bond' programme and is not currently considering a sustainability-linked bond (SLB), but that it will continue to study the experience of some of its regional peers.

85% of fund assets on path to 2.3°C warming, study says

'Financial time bomb' of climate-related credit rating volatility awaits, says IEEFA

A "financial time bomb is ticking" due to expected volatility in credit ratings caused by climate risks which have not yet been adequately reflected in ratings, the Institute for Energy Economics and Financial Analysis (IEEFA) has warned.

Fitch: Amazon summit sets stage for 'confrontational COP28'

Sustainable Fitch said the stage was set for a "more confrontational COP28," after "strong demands" were made at a regional summit on the sustainable development of the Amazon around developed country financing support and rising concern around regulation.

With a watered-down NZIA, where do insurers' climate commitments stand?

After six of the eight founding members left the Net-Zero Insurance Alliance, Joshua Geer investigates if their ambitions stand