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Showing 131 - 140 of 2219 results for %22Global%22

Progress on Australia's sustainable finance taxonomy

ROSE MARY PETRASS  |  THURSDAY, 7 DEC 2023  |  NEWS
... define eligibility for inclusion in the Australian taxonomy. Activities categorised as "green" will be aligned with the global goal of limiting temperature rise to 1.5 degrees. Activities that are defined as "transition" activities are required for a ...

COP28: Australia signs Glasgow statement to end public finance for fossil fuels

ROSE MARY PETRASS  |  WEDNESDAY, 6 DEC 2023  |  NEWS
... on financing net zero. Indigenous People's Day and financing net zero Federated Hermes announced a partnership with The Global Alliance for a Sustainable Planet (GASP) to collaborate on a scalable platform that aligns impact-focused patient capital with ...

Australia joins COP28 gender and just transition partnership

RACHEL ALEMBAKIS  |  TUESDAY, 5 DEC 2023  |  NEWS
... Action Partnership, which will focus on supporting women's economic empowerment during the transition to a low climate global economy. Women and the just transition The partnership was announced during Gender Equality Day at COP28. The partnership ...

Super investment key to decarbonising Australia: ASFA

RACHEL ALEMBAKIS  |  TUESDAY, 5 DEC 2023  |  NEWS
Investment by super funds will be a key source of capital to fund the structural shift necessary to transition Australia's economy to net zero, according to ASFA. The peak body for super funds has published a report examining super's role in the net ...

New advisory body for nature investment

ROSE MARY PETRASS  |  TUESDAY, 5 DEC 2023  |  NEWS
... several portfolios. It aims to increase finance into transparent and tangible benefits for nature, position Australia as a global leader in nature finance, and commercialise credible emerging nature markets. The advisory body will meet every quarter ...

How to spot a credible transition plan: Energetics

RACHEL ALEMBAKIS  |  MONDAY, 4 DEC 2023  |  NEWS
... business strategy - helping to explain to their customers, shareholders and investors how they will adapt and grow as the global economy transitions to net zero." Q&A with Andrew Tipping, general manager, Energetics Q: What is a credible transition plan? ...

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. ...