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

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.

Solving the energy transition paradox in emerging markets

Investors should allocate capital based on direction of travel, rather than static ESG scores - otherwise some emerging countries will be left behind on the journey to net-zero, writes Gustavo Medeiros

COP29: COPs need fundamental overhaul says Ban Ki-moon and others

A prominent group of politicians has called for a "fundamental overhaul" of the COP process, arguing its "current structure simply cannot deliver" change at exponential speed and scale.

Taxonomy, ESG ratings and transition plans in raft of UK green finance measures