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How to spot a credible transition plan: Energetics

RACHEL ALEMBAKIS  |  MONDAY, 4 DEC 2023  |  NEWS
Editorial note: This is the fifth in a six-part series of articles brought to you by Energetics Moving past ambitious net zero targets, investors are now focusing on how companies will get from here to 2050 and how robust their transition plans are. ...

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

ROSE MARY PETRASS  |  FRIDAY, 1 DEC 2023  |  NEWS
The first day of COP28 culminated in a landmark deal to help the most vulnerable emerging economies pay for the impacts of climate change. The initial funding is close to US$429m. Host nation the United Arab Emirates and Germany both pledged US$100 ...

SDG Loan Fund raises $1.1b of investor capital

ROSE MARY PETRASS  |  FRIDAY, 1 DEC 2023  |  NEWS
Investors have raised over US$1.1 billion of capital to advance 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 ...

New code of practice guidance for voluntary carbon markets

ROSE MARY PETRASS  |  WEDNESDAY, 29 NOV 2023  |  NEWS
... (VCMs). The guidance comes as Australia's independent watchdog conducts a review into Canberra's Australian Carbon Credit Unit (ACCU) scheme. According to VCMI, use of VCMs could unlock over $50 billion by 2030 if used as part of corporate transition ...

UN-informed tool to assess SDG progress

ROSE MARY PETRASS  |  TUESDAY, 28 NOV 2023  |  NEWS
Bloomberg ESG has integrated a United Nations' framework to assess the alignment of companies to Sustainable Development Goals (SDGs). The tool incorporates the UN Environmental Programme Finance Initiative (UNEP FI) Sector Impact Map to move needle ...

Carbon credit review falls short on CO2 capture and slavery

ROSE MARY PETRASS  |  MONDAY, 27 NOV 2023  |  NEWS
... independent review to be released next month will inform how Canberra moves forward amid criticisms of its Australian Carbon Credit Unit (ACCU) scheme. Ahead of release, FS Sustainability has learnt the recommendations won't address modern slavery ...

Loss and damage funds a key consideration for COP28

RACHEL ALEMBAKIS  |  THURSDAY, 23 NOV 2023  |  NEWS
The shape and scope of a global fund on loss and damage, the integration of climate into biodiversity, and how human rights and the just transition figure into government, business and investor commitments are all topics of interest at the forthcoming ...

H2Kwinana Hydrogen Hub gets $70m government backing

RACHEL ALEMBAKIS  |  MONDAY, 20 NOV 2023  |  NEWS
A Western Australia based hydrogen hub has progressed one step further to becoming operational, with the Albanese government announcing $70 million in support as part of its Regional Hydrogen Hubs program. bp's H2Kwinana Hydrogen Hub has reached Front-End ...

New tools available to help investors meet Paris Agreement

ROSE MARY PETRASS  |  FRIDAY, 17 NOV 2023  |  NEWS
A range of new tools have been released from organisations including Moody's Investors Service, ISS STOXX, Global Impact Investing Network, UN-convened Principles for Responsible Investment, Bloomberg and Riskthinking.AI. Moody's releases framework ...