Thomas Cox

Deforestation pledges pose 'danger' of forgetting sustainable timber, says Foresight

The UK is at risk of forgetting about the need for sustainable timber in its drive against deforestation, an executive at Foresight Group has said.

SCOR natural capital loan fund targets €500m

Bring climate and biodiversity COPs together, argues Edmond de Rothschild

The biodiversity COP should happen in the same region at the same time as climate COPs, an investor at Edmond de Rothschild has suggested.

EFRAG submits first draft of corporate reporting standards to EU

The first set of 12 draft European Sustainability Reporting Standards has been submitted to the EU Commission by technical advisers at the European Financial Reporting Advisory Group.

Abrdn exec supports rainforest carbon credits 'OPEC'

An Abrdn executive has expressed her support for a rainforest alliance between Brazil, Indonesia and the Democratic Republic of Congo, which proponents argue could transform markets for carbon credits.

Investors welcome COP27 support for nature-based solutions

Investors have welcomed the final agreement of COP27 encouraging the use of nature-based solutions, with one suggesting an increased focus on nature by governments could help the private sector price natural assets more effectively.

Investor reaction to COP27: 'No confidence 1.5°C target will be hit'

The outcome of the COP27 agreement is a "step in the right direction", despite its failure to commit to phasing down fossil fuels and an overall lack of ambition, investors said.

COP27 agrees loss and damages fund, and need to 'transform' financial system

The COP27 talks have ended with a ground-breaking agreement to set up 'loss and damages' fund, but failed to make the strong progress in tackling emissions that many had hoped for.

Second COP27 draft published without 'loss and damage' fund

The second draft of the COP27 final agreement includes a placeholder for a 'loss and damage' fund as countries continue to debate the topic.

Abrdn rates corporate disclosure in line with most TNFD metrics 'poor'

Asset manager Abrdn has rated corporate data disclosure of 19 out of 24 of the metrics recommended by the Taskforce on Nature-related Financial Disclosures (TNFD) as "poor".