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Showing 1281 - 1290 of 4251 results for "Australia"

VC initiative to catalyse AgTech for climate solutions

RACHEL ALEMBAKIS  |  MONDAY, 15 JAN 2024  |  NEWS
... of Agricultural and Resource Economics and Sciences (ABARES) figures. "In terms of how we see this as an opportunity, Australia is the driest populated continent, yet we still grow three times more food than we need and export two thirds of what we grow." ...

Investors "flying blind" to climate litigation risk

ROSE MARY PETRASS  |  MONDAY, 15 JAN 2024  |  NEWS
... treatment of climate risk," Wetzer added. 2485 climate lawsuits have been filed globally to date, researchers note. Australia ranks as the nation second-most exposed to legal risk, with 134 climate lawsuits filed as of November. The US was the country ...

Treasury publishes climate disclosure legislation

RACHEL ALEMBAKIS  |  MONDAY, 15 JAN 2024  |  NEWS
... the exposure draft of legislation that would make financial disclosure of climate risk and opportunity mandatory in Australia using the Australian Accounting Standards Board (AASB)'s SR1 Australian Sustainability Reporting Standards - Disclosure ...

Paris overshoot: are investors prepared?

ROSE MARY PETRASS  |  FRIDAY, 12 JAN 2024  |  NEWS
In the face of projections that 2024 is set to surpass the 1.5°C Paris Agreement threshold, experts are concerned that investors are unprepared for the escalating risks associated with climate change. Investors navigate these risks by employing models ...

Carbon markets heat up

ROSE MARY PETRASS  |  THURSDAY, 11 JAN 2024  |  NEWS
... Industries has tabled an off-market cash offer for 100% ownership of Australian nature-based carbon project developer CO2 Australia, at $0.00091 per share. The developer has not yet generated any Australian Carbon Credit Units (ACCU), but has registered ...

Growing scope for investing in natural capital: bfinance

RACHEL ALEMBAKIS  |  THURSDAY, 11 JAN 2024  |  NEWS
... embedded carbon reduction within their strategies and oftentimes a positive carbon capture," said bfinance director of Australia and New Zealand Sebastian Mays. "Interest in exploring strategies that have a positive impact on the net carbon of a portfolio ...

ASX tapped to develop Aussie carbon exchange

RACHEL ALEMBAKIS  |  THURSDAY, 11 JAN 2024  |  NEWS
... settlement of Australian carbon credit units (ACCU). CER first sought expressions of interest for participants to develop Australia's first carbon exchange in 2021, with ASX one of 27 to apply. "Demand for carbon credits continues to increase with government ...

Global economists identify key risks for the decade ahead

ROSE MARY PETRASS  |  THURSDAY, 11 JAN 2024  |  NEWS
... more powerful and pervasive, weakening democratic institutions and personal liberties, and enable rogue actors. Zurich Australia and New Zealand chief risk officer Jaimie Sach said the risks outlined in the report are not surprising. "This is to be expected ...

Report reveals progress on green finance

ROSE MARY PETRASS  |  WEDNESDAY, 10 JAN 2024  |  NEWS
... Switzerland, Canada, and the US are now requiring financial institutions and companies to disclose climate transition plans. Australia is slated to phase-in mandated sustainability reporting starting in July 2024, when climate-related disclosures will ...

Forestry fund raises $450m for natural capital

ROSE MARY PETRASS  |  MONDAY, 8 JAN 2024  |  NEWS
A global investment manager is targeting one million tonnes of carbon abatement over the next decade by harnessing Australia's natural capital. New Forests, manager of nature-based real assets and natural capital strategies, completed the first close ...