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Showing 91 - 100 of 1125 results for "finance"

COP28: Australia signs Glasgow statement to end public finance for fossil fuels

ROSE MARY PETRASS  |  WEDNESDAY, 6 DEC 2023  |  NEWS
... Australia has one year to implement its pledge. Australia's export credit agency provided more than $1.5 billion to finance overseas fossil fuel projects between 2009 and 2020, according to Jubilee Australia Research Centre. This comes as Australia ...

Australia joins COP28 gender and just transition partnership

RACHEL ALEMBAKIS  |  TUESDAY, 5 DEC 2023  |  NEWS
... action around three core pillars: better quality data to support decision making in transition planning, more effective finance flows to regions most impacted by climate change, and education, skills and capacity building to support individual engagement ...

Super investment key to decarbonising Australia: ASFA

RACHEL ALEMBAKIS  |  TUESDAY, 5 DEC 2023  |  NEWS
... per cent higher than 'business-as-usual' levels," the paper said. ASFA supports the Australian government's sustainable finance strategy as well as plans for a national Capacity Investment Scheme. "The sustainable finance strategy really is a cornerstone," ...

New advisory body for nature investment

ROSE MARY PETRASS  |  TUESDAY, 5 DEC 2023  |  NEWS
Canberra has established a new advisory body to align private finance and investment with nature positive outcomes. The Department of Climate Change, Energy, the Environment and Water this week announced the establishment of the Nature Finance Council ...

COP28: Climate finance, carbon markets take centre stage

ROSE MARY PETRASS  |  MONDAY, 4 DEC 2023  |  NEWS
At COP28 leaders are highlighting the need to make climate finance more accessible and affordable. Water featured for only the second time at a COP, and several emerging economies launched carbon market initiatives. Adaptation and inclusion COP28 saw ...

COP28: Countries tackle coal as President claims "no science" behind phase-out

ROSE MARY PETRASS  |  MONDAY, 4 DEC 2023  |  NEWS
... phase out coal plants earlier than their planned retirement, with no cost to coal owners. He also announced a new blended finance vehicle and a Singapore-Asian taxonomy. Australia is in the process of developing its own sustainable finance taxonomy. ...

COP28 day one recap: US$429m loss and damage fund

ROSE MARY PETRASS  |  FRIDAY, 1 DEC 2023  |  NEWS
... "COP28 is stepping up the momentum on operationalising and getting genuine commitment from developed countries to pour finance at scale to the Loss and Damage fund. "The establishment of a Loss and Damage fund has been a long time coming, and communities ...

SDG Loan Fund raises $1.1b of investor capital

ROSE MARY PETRASS  |  FRIDAY, 1 DEC 2023  |  NEWS
... the goals of the United Nations Sustainable Development Goals (SDGs) in emerging and frontier markets, using a blended finance model. Allianz Global Investors is managing the SDG Loan Fund and FMO Investment Management is originating and managing the ...

Net zero roadmap shifts public service spending to green

RACHEL ALEMBAKIS  |  THURSDAY, 30 NOV 2023  |  NEWS
... government office space that is purchased from 2026 onwards must have a 6-star NABERS energy rating as the Department of Finance releases its strategy to achieving net zero by 2030 across the Australian Public Service. As previously reported by FS Sustainability ...

Gender pay gap a key diversity metric: FSI

RACHEL ALEMBAKIS  |  THURSDAY, 30 NOV 2023  |  NEWS
... and gender diversity reporting as their first Principal Adverse Impacts (PAI) disclosure report under the Sustainable Finance Disclosure Regulation (SFDR). Under SFDR, financial market participants such as asset managers need to disclose PAIs that their ...