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Showing 11 - 20 of 115 results for "GDP"

PE left 3bn tonnes of emissions: Emmi

KARREN VERGARA  |  THURSDAY, 17 APR 2025  |  NEWS
... "That year, industrial carbon emissions were 37.2 billion tonnes. Assuming PE is roughly 8% of global Gross Domestic Product (GDP) (~$105 trillion), then the sector's total carbon footprint was about three billion tonnes. This is not insignificant in ...

BlackRock moves on natural capital

ROSE MARY PETRASS  |  MONDAY, 24 FEB 2025  |  NEWS
... looking to focus more on long-term financial resilience - including investment in natural capital assets. With 55% of global GDP (US$58 trillion) dependant on nature, BlackRock has acknowledged that a repricing event is on the horizon as asset prices ...

Government creates $1bn green iron fund

JAMIE WILLIAMSON  |  THURSDAY, 20 FEB 2025  |  NEWS
... However, the Minerals Institute of Western Australia says a single green iron plant could add a cumulative $85 billion to GDP, an additional $2.4 billion in real income each year, and a further 1540 full-time jobs. Up to $500 million of the fund is earmarked ...

Investors must take a long-term view: Robeco

ROSE MARY PETRASS  |  THURSDAY, 13 FEB 2025  |  NEWS
... it was in 2020-21, when investors, corporates and governments massively committed to net zero - amounting to 93% of global GDP and 88% of global emissions. By and large, governments have failed on their commitments, put the brakes on green ambitions ...

Investors slam dumping of nature positive laws

ROSE MARY PETRASS  |  THURSDAY, 6 FEB 2025  |  NEWS
... protection laws would eliminate uncertainty in environmental protection and be good for the economy. Around half of Australia's GDP has a moderate to very high dependence on healthy biodiversity and ecosystem, particularly agriculture, forestry, food ...

Coalition plans to scrap climate reporting

ROSE MARY PETRASS  |  THURSDAY, 6 FEB 2025  |  NEWS
... to introduce ISSB standards to their respective regulatory frameworks. "These jurisdictions represent over half of global GDP, including 70% of Australia's export partners," Higgins said. While regulation is converging globally, some politicians, companies ...

Aus govt calls VCs and private equity to back circular economy

ROSE MARY PETRASS  |  MONDAY, 16 DEC 2024  |  NEWS
Doubling Australia's circularity rate could deliver a $26 billion net economic boost to GDP by 2035, according to Canberra's inaugural plan for a circular economy. The Circular Economy Framework, released last week by the federal department of climate ...

Green investors face short-term bumps

ROSE MARY PETRASS  |  FRIDAY, 29 NOV 2024  |  NEWS
... while investors with a forward-looking perspective are well positioned to navigate short-term uncertainties effectively." Real GDP is projected to grow by 1.7% in a mild stagflationary trend. Resilient US growth is expected to be tempered by cooling ...

Is 'nature positive' the next big thing?

ROSE MARY PETRASS  |  MONDAY, 11 NOV 2024  |  NEWS
... resources. The Australian Conservation Foundation reported in June that Australia could face losses of $20 billion per year in GDP by 2050 if the rapid decline of nature and biodiversity is not reversed. To the industry's credit, ACF found that more ...

Nature and climate now on equal footing

ROSE MARY PETRASS  |  WEDNESDAY, 30 OCT 2024  |  NEWS
... wildlife populations in just 50 years, per the World Wildlife Fund - has material business impacts, with half of Australia's GDP dependent on ecosystem services. The first step to protecting nature is stronger baseline environmental protection laws ...