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Eurazeo closes €400m sustainable cities fund
19 July 2023 -
Australia to align standards with ISSB
18 July 2023The Australian government has announced it will align its forthcoming reporting standards "as far as practicable" with those by the International Sustainability Standards Board (ISSB).
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Don't vilify carbon markets, 'offsets will be needed in short-term', says TP ICAP
18 July 2023While there are inevitably some in the voluntary carbon market that are trying to "game the market", the level of criticism suffered by the market is unjustified, TP ICAP has told Environmental Finance.
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Chinese climate engagement initiative launches
17 July 2023An institutional investor initiative to encourage decarbonisation by Chinese corporates has been launched which it is claimed is the first of its kind in China, the world's second largest economy and its most polluting country.
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People moves, 14 July: ANZ, Wellington, Newton, IFC ... and more
14 July 2023 -
Scope 3 'make or break' for the SLB market, says BNP Paribas
14 July 2023Scope 3 emissions could "make or break" the sustainability-linked bond (SLBs) market, a sustainable finance head at BNP Paribas has told Environmental Finance.
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Sumitomo Mitsui AM to take stake in Osmosis
13 July 2023 -
Water scarcity to increase emerging market sovereign credit risk, says Moody's
13 July 2023Growing water demand and worsening global water scarcity is set to increase sovereign credit risk, with emerging market countries and the US set to be particularly affected, Moody's Investors Service has warned.
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Some APAC banks "double counting" climate contributions, warns Fitch
12 July 2023While banks in Asia Pacific's developed markets are making "good progress" on the transition, Fitch Group's CreditSights warned some may be artificially enlarging and double counting their contributions to climate change.
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Progress on JETPs 'slower than expected', says Sustainable Fitch
12 July 2023Progress on the UN's Just Energy Transition Partnerships (JETPs) has been slower than expected, but taxonomies that include transitional activities could help emerging markets meet their decarbonisation targets, Sustainable Fitch has told Environmental Finance.