Climate: debt rise, credit falls for 59 nations as early as 2030BY ROSE MARY PETRASS | FRIDAY, 11 AUG 2023 10:35AMThe global financial system will see progressive deterioration of sovereign credit ratings in 59 countries due to climate-related factors, resulting in a substantial rise in both corporate and sovereign debt by tens of billions of dollars from 2030. |
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ASIC observes improvement in climate disclosures
ASIC has observed an increase in the quality, quantity, and consistency of climate-related financial information with the introduction of statutory sustainability reporting requirements.
NRFC names new Net Zero Fund head
The National Reconstruction Fund Corporation (NRFC) has appointed Laren McGregor as head of its Net Zero Fund, where she will oversee the investments aimed at helping emissions-intensive industries decarbonise and domestic manufacturers of low-emissions technologies scale up.
Foresight draws super funds' attention in new investment
Foresight Group has raised $660 million from institutional investors, including super funds, to support rising public transport demand.
ARENA launches $30m startup fund
The Australian Renewable Energy Agency (ARENA) has launched a new $30 million funding program to help early-stage technologies from development towards commercialisation.
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Roundtable reflections: Is ESG dead?
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Australia's social media age ban: A digital turning point for society and investment markets
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