Genevieve Redgrave

COP28: Global climate finance framework targets $7trn in annual investment

A multilateral declaration to invest $5-7 trillion in climate finance annually has been signed at COP28, setting out aims to scale up private finance and high-integrity carbon markets.

COP28: $7.5bn climate bond programme launched

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).

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.

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.

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: 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.

COP28: Voluntary carbon market braced for regulatory intervention following IOSCO report

The International Organisation of Securities Commissions (IOSCO) has proposed a set of measures to help regulators bring more integrity to the voluntary carbon market (VCM).

UK urged by MPs to make TNFD mandatory within three years

The UK has been urged by members of parliament to make the Taskforce for Nature-related Financial Disclosures mandatory within three years.

COP28: UK commits £500m for forest protection