News

UK government launches carbon and nature credit market principles

The UK government has launched 'integrity principles' for voluntary carbon and nature credit markets.

'Very encouraging' European 'light green' fund investment in Middle East

There is a "very encouraging" level of investment from 'light green' European funds in Middle Eastern real estate firms which suggests emerging positive sustainability disclosure trends in the region, according to Emirates NBD.

UK confirms plans to join EU in regulating ESG ratings providers

The UK government has confirmed it plans to regulate ESG ratings providers to ensure transparency, good governance, managing conflicts of interest, and proper systems and controls.

People moves, 15 November: BlackRock, Barclays, South Pole, WHEB ... and more

COP29: €3bn public-private fundraise planned for emerging market green bond fund

The EU-led Global Green Bond Initiative (GGBI) is preparing to raise €3 billion ($3.2 billion) for a fund which will serve as an "anchor investor" in emerging market (EM) green bonds, the European Investment Bank (EIB) told a side event at the UN COP29 climate summit.

New REDD+ methodologies approved by Integrity Council

The Integrity Council for the Voluntary Carbon Market have approved three REDD+ (Reducing Emissions from Deforestation and Forest Degradation in developing countries) methodologies for the Core Carbon Principles (CCP) label.

COP29: Investors underwhelmed by Global South investable pipeline

The pipeline of investable projects in the Global South is lacking, delegates at COP29 in Baku, Azerbaijan have heard.

COP29: Drafted 33-page NCQG text 'disappointing', says WWF

The updated 33-page text on the New Collective Quantified Goal (NCQG) on climate finance supplied at COP29 last night is a "disappointing" development, according to WWF International.

COP29: Doubts remain over biodiversity credit market, says German minister

While moves to make biodiversity investable should be welcomed, doubts remain over the biodiversity credit market's potential, a German economic minister has told COP29.

COP29: 1.5°C slipping away without mandatory transition plans, says Guterres

UN secretary-general António Guterres has called for mandatory rules for corporates and financial institutions to have 1.5°C-aligned transition plans, after warning that efforts to limit global warming to 1.5°C are "slipping away".