Archive

G20 should adopt 'science-based definition of net-zero', UNEP FI recommends

The UN Environment Programme Finance Initiative (UNEP FI) has set out 11 recommendations for "credible" net-zero commitments from financial institutions.

Activist: ABP divestment from fossil fuels will have global 'ripple effect'

Pension fund ABP's decision to divest of all fossil fuels will influence the policies of investors all over the world, activist group Fossielvrij has said.

'Catastrophic' $27trn funds data show less than 1% are Paris-aligned - CDP

What we're talking about when we talk about resilience

Focus on investment in climate mitigation has left the world unprepared for the devastating effects of climate change - but adaptation is rising up the COP agenda, writes Diana Fox Carney

M&G invests in electric vehicles company

M&G Investments and Mountain Partners have invested in TIER Mobility, a European 'micro-mobility' company that provides electric bicycles, mopeds and scooters...

Fidelity International commits to halve portfolio emissions by 2030

IGCC: Australian 2030 climate target is 'deep concern to investors'

Australia's failure to commit to an ambitious target for decarbonising by 2030 risks blocking billions of dollars of investment, the Investor Group on Climate Change (IGCC) has said.

ABP to sell €15bn of fossil fuel holdings on climate grounds

Dutch pension fund ABP will divest from all producers of oil, gas and coal, a segment of its portfolio valued at €15 billion ($17 billion)...

French financial firms must draw on coal lessons for fossil fuel policies, say regulators

French regulators have encouraged financial firms to draw lessons from their thermal coal policies for other fossil fuel sectors in order to align with the goals of the Paris Agreement...

An update on the Green Climate Fund as it lauds record $3bn haul

The GCF has its work cut out to significantly raise the level of private commitments to the fund - despite a record year for fundraising, writes Margaret-Ann Splawn