Genevieve Redgrave

MAS launches ESG rating code of conduct

The Monetary Authority of Singapore (MAS) has published a code of conduct for ESG rating and data providers, in a bid to improve transparency and comparability between methodologies and products.

Brazilian indigenous protection rowback a 'fiduciary risk for investors', says BlueBay

Potential legislation deemed "anti-indigenous" in Brazil is a "fiduciary risk for investors" and a concern for Brazil's economic and sustainable prosperity, BlueBay Asset Management told Environmental Finance.

Australia passes legislation to create biodiversity credit market

Australia has formally passed legislation to protect and restore nature and developed a 'first-of-its-kind' biodiversity credit market, but last-minute concessions means offsets will be outlawed.

'Compensatory' biodiversity credits likely to see growth, report says

Voluntary biodiversity credits, which would 'compensate' but not offset negative impact, are likely to be a key area of demand as shareholder pressure rises, a report has predicted.

More first-loss capital needed in emerging markets nature projects, says AIIB

More first loss capital is needed is needed to attract private investors to nature-related projects, especially in emerging markets, the Asian Infrastructure Investment Bank (AIIB) has said.

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.