News

  • Jurisdictional REDD+ credits to see growth, despite wider challenges, says EDF

    26 June 2024

    The Environmental Defense Fund (EDF) has predicted jurisdictional REDD+ credits will see price increases, as buyers become increasingly willing to "pay a premium" over conventional REDD+ credits.

  • LGIM to partially divest from Glencore over coal plans

    26 June 2024

    Legal & General Investment Management (LGIM) has said it will divest from Glencore over the mining company's plans to expand its production of thermal coal.

  • $15trn of investors back PRI's deforestation engagement initiative

    26 June 2024

    Investors including UBS and APG have joined the Principles for Responsible Investment's (PRI) newly launched nature engagement initiative, SPRING, which will target 40 companies globally on their deforestation lobbying activities.

  • ICMA Principles to publish whitepaper on SLB 'best practices'

    26 June 2024

    The International Capital Market Association (ICMA) working group on sustainability-linked bonds will publish a paper on the "best practices" in the market after ascertaining a "clearer idea" of how to improve the instrument.

  • ICMA working on detailed 'green enabling' project checklist after guidance

    26 June 2024

    The International Capital Market Association (ICMA)-administered Principles is working on a "detailed checklist" to help issuers and investors use its newly released 'green enabling' project guidance.

  • Dominican Republic launches $750m debut green bond

    26 June 2024

    The Dominican Republic plans to raise $750 million from its debut sovereign green bond.

  • Disclosure frameworks are hyped up, says JP Morgan in speech disrupted by climate protester

    25 June 2024

    Policy makers need to "get real" about enabling the transition, instead of being "overly obsessed with disclosures", warned JP Morgan, in a panel discussion which was interrupted by a shouting climate protester.

  • EXCLUSIVE: SBTi called on by 'Global South' to 'set a new direction'

    25 June 2024

    The Science-Based Targets Initiative (SBTi) has been called on by 69 organisations, who claim to represent the Global South, to allow the use of carbon offsets, alleging that their view is being ignored "by the decision makers" in the Global North.

  • Nature and impact data firm has 'concerns' about data estimation issues

    25 June 2024

    Global nature and impact data provider GIST Impact has said it "shares concerns" about the accuracy of data estimates and machine learning models, calling for more standards to deliver legitimacy and more innovation.

  • Net Zero Investment Framework reduces focus on financed emissions, warning of 'perverse outcomes'

    25 June 2024

    The second version of the widely used Net Zero Investment Framework investor transition planning guide has been published, with a reduced focus on encouraging the reduction of emissions linked to financing.