Search Results

Showing 1251 - 1260 of 3520 results for "Fund"

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

ROSE MARY PETRASS  |  MONDAY, 4 DEC 2023  |  NEWS
... mechanism will mobilise up to US$207 billion by 2035 to phase out coal globally. The US Department of State, the Bezos Earth Fund, and The Rockefeller Foundation will launch the mechanism in April 2024 as an operational framework. Chile, the Philippines ...

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

ROSE MARY PETRASS  |  FRIDAY, 1 DEC 2023  |  NEWS
... million. The agreement was first struck in COP27 in Egypt, but has been the source of debate surrounding who should pay for the fund, where it should be hosted, and who should benefit. The decision reportedly received a standing ovation from delegates. ...

SDG Loan Fund raises $1.1b of investor capital

ROSE MARY PETRASS  |  FRIDAY, 1 DEC 2023  |  NEWS
... (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 loan portfolio. The MacArthur Foundation has committed a US$25 ...

Net zero roadmap shifts public service spending to green

RACHEL ALEMBAKIS  |  THURSDAY, 30 NOV 2023  |  NEWS
... non-corporate Commonwealth entities include Services Australia, which delivers Medicare, the Department of Education and the Future Fund Management Agency. This week, the Department of Finance issued the Net Zero in Government Operations Strategy. The ...

Gender pay gap a key diversity metric: FSI

RACHEL ALEMBAKIS  |  THURSDAY, 30 NOV 2023  |  NEWS
Improving reporting on gender pay gap and gender diversity will help investors assess where companies are addressing gender-based equality and inclusion and set the stage for engagement on diversity measures beyond gender, according to First Sentier ...

Sustainable AUM tops US$30 trn despite tighter labels

ROSE MARY PETRASS  |  WEDNESDAY, 29 NOV 2023  |  NEWS
... According to GSIA this reflects a maturing of the industry as regulators and policymakers strengthen definitions of when a fund can be described as "sustainable" to address greenwashing risks. In Europe, the results find a long-term trend of the proportion ...

UN-informed tool to assess SDG progress

ROSE MARY PETRASS  |  TUESDAY, 28 NOV 2023  |  NEWS
... additional market information for corporate engagement and security selection, allowing users to perform benchmarking and fund classification, and to meet evolving sustainable finance standards and legislative frameworks. Patricia Torres, global head ...

Carbon credit review falls short on CO2 capture and slavery

ROSE MARY PETRASS  |  MONDAY, 27 NOV 2023  |  NEWS
... currently conducting the review. ACCUs are currently credited for carbon capture and storage under the Emissions Reduction Fund (ERF). However, CCUS - and particularly DACCS - have been criticised by environmental groups for being costly, resource intensive ...

Rest invests $1b in Quinbrook green data centres

ROSE MARY PETRASS  |  MONDAY, 27 NOV 2023  |  NEWS
... long-term financial benefits for Rest members, while supporting our objective to achieve a net zero carbon footprint for the fund by 2050." The investment in Quinbrook aims to provide strong long-term financial returns by supporting the necessary infrastructure ...

Treasury proposes merger of accounting, audit bodies

RACHEL ALEMBAKIS  |  MONDAY, 27 NOV 2023  |  NEWS
Canberra has proposed merging the three financial reporting bodies to make them "more efficient, effective and fit for purpose," a move that have caught some by surprise. Treasurer Jim Chalmers has announced that government will propose legislation ...