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Showing 121 - 130 of 823 results for "economy"

$12tn Asian engagement program advocates climate-linked pay

ROSE MARY PETRASS  |  THURSDAY, 17 AUG 2023  |  NEWS
... commented that policy engagement is an important complementary element to ensure "the right incentives exist in the overall economy". AIGCC held a series of closed-door policy roundtables from May to June 2023 with policymakers, investors and regulators ...

Blackstone closes record energy transition fund at $7.1bn

ROSE MARY PETRASS  |  WEDNESDAY, 16 AUG 2023  |  NEWS
... entire corporate credit market, from public debt to private loans. "The energy transition is impacting large sectors of the economy and is resulting in a growing need for efficient private capital," said Robert Horn, global head of Blackstone Credit's ...

ASX200 skirts Scope 3 disclosures

ROSE MARY PETRASS  |  TUESDAY, 15 AUG 2023  |  NEWS
... provide limited information on climate risk to the market. It's time all companies realise that they, along with the entire economy, face climate risks that they must manage." Scenario analysis Research also found that the number of companies that undertook ...

Industy veterans named to sustainable finance taxonomy working group

RACHEL ALEMBAKIS  |  THURSDAY, 10 AUG 2023  |  NEWS
... taxonomy for consideration by government. "The Australian taxonomy will play a key role in guiding the transition of our economy, financial portfolios, companies and economic activities by providing clear and consistent definitions of what is classified ...

Renewables round up: BlackRock launches US$1.9b NZ renewables fund

ROSE MARY PETRASS, RACHEL ALEMBAKIS  |  THURSDAY, 10 AUG 2023  |  NEWS
... offshore oil and gas exploration in 2018. Prime Minister Chris Hipkins said the deal "proves again that we can grow our economy while we lower emissions" and was "a game changer for the clean tech sector". "I'm absolutely stoked about what this means ...

Social license or social-washing - weighing the value of public statements on the Voice

ROSE MARY PETRASS  |  THURSDAY, 10 AUG 2023  |  NEWS
... Investors are now becoming more aware of their role in addressing systemic risk by bringing First Nations people into the economy and strengthening economic self-determination. RIAA executive manager Estelle Parker told FS Sustainability a First Nations ...

Sustainable finance heavyweight to chair National Reconstruction Fund board

RACHEL ALEMBAKIS  |  WEDNESDAY, 9 AUG 2023  |  NEWS
... will be key to ensuring that we, as a nation, grasp the opportunities before us to diversify and transform the Australian economy."

Revenue recycling carbon tax would increase Australia's GDP

ROSE MARY PETRASS  |  WEDNESDAY, 9 AUG 2023  |  NEWS
A carbon tax where cash proceeds are redirected back into the Australian economy would help Australia achieve its emissions reductions goals, and also provide economic benefits. New research to be published in September's issue of the Journal of Cleaner ...

Morgan Stanley reaches 70% of $1tn sustainable finance goal

ROSE MARY PETRASS  |  WEDNESDAY, 9 AUG 2023  |  NEWS
... US$750 billion by 2030. Around US$3.5 trillion of capital investment will be needed every year to build a net-zero global economy by 2050, according to global economic growth and climate change mitigation think tank the Energy Transitions Commission. ...

Investments at risk: Finance "out of step" with climate science

ROSE MARY PETRASS  |  THURSDAY, 3 AUG 2023  |  NEWS
... will mainly affect future generations, as the economic literature asserts, but a potentially existential threat to the economy, on a timescale that could occur within the lifespan of pensioners alive today," Keen commented. "Swift, orderly transition ...