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Showing 131 - 140 of 2213 results for "Global"

COP28: Climate finance, carbon markets take centre stage

ROSE MARY PETRASS  |  MONDAY, 4 DEC 2023  |  NEWS
... international finance mechanisms and frameworks can drive adaptation and an inclusive transition. Leaders emphasised the need for a Global Goal for Adaptation that puts adaptation focus and action on par with mitigation. The COP28 UAE Declaration of ...

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

ROSE MARY PETRASS  |  MONDAY, 4 DEC 2023  |  NEWS
... carbon credits to phase out coal globally. Australia joined 119 countries, not including China and India, to commit to the Global Renewables and Energy Efficiency Pledge. The agreement will see tripling of the installed renewable energy capacity and ...

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

ROSE MARY PETRASS  |  FRIDAY, 1 DEC 2023  |  NEWS
... Greenpeace has stated that the fund doesn't go far enough, and that it is "doomed without fossil fuel phase-out." Tracy Carty, global political expert at Greenpeace International commented: "This agreement is a vital first step towards ensuring communities ...

SDG Loan Fund raises $1.1b of investor capital

ROSE MARY PETRASS  |  FRIDAY, 1 DEC 2023  |  NEWS
... 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 loan portfolio. ...

New code of practice guidance for voluntary carbon markets

ROSE MARY PETRASS  |  WEDNESDAY, 29 NOV 2023  |  NEWS
... companies can now directly make claims against it. We encourage all businesses to show ambition, make a claim and accelerate global net zero," Mark Kenber, executive director of VCMI said. "With COP28 beginning in a matter of hours, VCMs will once again ...

Sustainable AUM tops US$30 trn despite tighter labels

ROSE MARY PETRASS  |  WEDNESDAY, 29 NOV 2023  |  NEWS
... labelled as "sustainable", sustainable investment assets under management increased by 20% since 2020 in non-US markets. A global collaboration of sustainable investment organisations has teamed up with HSBC Global Research to report on the current state ...

UN-informed tool to assess SDG progress

ROSE MARY PETRASS  |  TUESDAY, 28 NOV 2023  |  NEWS
... (SDGs). The tool incorporates the UN Environmental Programme Finance Initiative (UNEP FI) Sector Impact Map to move needle on global impact integration in portfolios. Covering 500 sectoral activities and 38 impact topics, the tool has now been applied ...

Podcast: Driving the just transition in APAC - Jane Ho

RACHEL ALEMBAKIS  |  TUESDAY, 28 NOV 2023  |  NEWS
... conversation is BNP Paribas Asset Management head of stewardship, Asia Pacific, Jane Ho. Jane discusses how she implements the global aims of energy transition, environmental sustainability and equality and inclusive growth in the APAC region and why ...

Rest invests $1b in Quinbrook green data centres

ROSE MARY PETRASS  |  MONDAY, 27 NOV 2023  |  NEWS
... sustainable digitisation is essential to help unlock rapid transformation in energy-efficiency and enable the connectivity of the global economy. The superfund, which has $75 billion in funds under management, has a goal to achieve a net zero carbon ...

Slow progress on human rights in business

ROSE MARY PETRASS  |  MONDAY, 27 NOV 2023  |  NEWS
... across 80 countries on the first steps that companies should be taking to address gender inequality. WBA found that overall, global performance on gender equality is "dismal". In most companies, women are underrepresented in leadership and unable to ...