Genevieve Redgrave

Companies face failure to comply with EU deforestation law, Ceres says

Few of the world's biggest companies are taking "ambitious action" on deforestation, and run the risk of failing to comply with incoming legislation, Ceres has said.

Bloomberg and Natural History Museum to build biodiversity data tool

Bloomberg has announced it will work with the UK's Natural History Museum to build a biodiversity data tool for investors.

Expect more fossil fuel meddling at COP28, says Morningstar

It is unsurprising that the UAE reportedly sought to use COP negotiations to further fossil fuel interests - and it is likely that oil and gas companies will look to further change the narrative in their favour at this year's conference, according to Morningstar.

EFRAG working with TNFD on 'interoperability map'

The European Financial Reporting Advisory Group (EFRAG) has said it is working with standard setters, including the Taskforce for Nature-related Financial Disclosures, on 'interoperability maps'.

VCMI launches 'flexible Scope 3 claim' for carbon credit usage

The Voluntary Carbon Markets Initiative (VCMI) has launched a framework for allowing companies to credibly use carbon credits even though they are struggling to meet short-term reduction targets.

Agricultural climate and nature data platform launched

An agricultural data platform has been launched to assist with reporting and help financial institutions better manage climate and nature risks.

GFANZ signatories urged to address 'blind spot' on deforestation

With the "vast majority" of financial institutions still not taking action on deforestation, investor coalitions such as the Glasgow Financial Alliance for Net Zero (GFANZ) have been urged to push their signatories to take action.

COP28: 'Restructuring' of indigenous engagement needed

Improved engagement with indigenous peoples would help accelerate the flow of finance to communities and nature-based projects, Environmental Finance has heard.

Verra releases new REDD+ methodology

Verra has released an updated version of its Reducing Emissions from Deforestation and Forest Degradation (REDD+) methodology, following major criticism of the previous iteration.

Muzinich's Greil-Castro invests in nature platform