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COP15 agreement 'significant,' but credit impact depends on implementation

Moody's Investors Service said the UN COP15 biodiversity summit agreement is a "significant milestone" considering the extent of natural capital risk in debt markets,...

Vague COP15 agreement is 'not a Paris moment', warns HSBC

The global biodiversity framework agreed at the COP15 conference this week failed to meet expectations among some observers that it could provide an equivalent target to 'net zero' for nature, according to a research note by HSBC.

EU agrees 'game-changing' carbon market expansion

The EU has agreed a ground-breaking carbon border adjustment mechanism (CBAM) alongside a deal to strengthen and expand its emissions trading system (ETS),...

COP15 text is foundation for private sector work on metrics, LGIM says

The agreement by countries at COP15 to protect 30% of land and sea biodiversity by 2030 is likely to leave private sector initiatives to do much of the heavy lifting in areas such as devising nature-related metrics and targets, a large asset manager has said.

Addressing the adaptation finance gap

The costs associated with climate change are already here and rising fast. A more granular picture of physical climate risk and its economic impact should be used to scale adaption finance today, argues Florian Gallo

General Atlantic's climate solutions fund raises $3.5bn

Lazard makes first sustainable private infrastructure investment

COP15: Agreement on nature-related disclosures hailed by investors

Investors have welcomed agreement by countries on a text to halt and reverse the loss of nature, which sets a goal to require financial institutions and companies to disclose their nature-related impacts and dependencies.

KfW targeting €10bn green bond issuance in 2023

KfW plans to raise a further €10 billion ($10.6 billion) from green bonds in 2023, after the German development bank reached a $65 billion cumulative issuance total in 2022.

My first biodiversity COP

Thomas Cox provides a snapshot of a day at the COP15 conference in Montreal