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Showing 11 - 20 of 308 results for "Paris"

Australia climbs quickly on climate policy development

ROSE MARY PETRASS  |  MONDAY, 5 FEB 2024  |  NEWS
... that although the regulations are consistent with international peers and send a signal that Australia is committed to the Paris Agreement, the organisation is "concerned that the current drafting of the requirements will not achieve this objective and ...

Shell shareholders worth €4tr to vote for Paris

ROSE MARY PETRASS  |  MONDAY, 22 JAN 2024  |  NEWS
... of 27 institutional investors with €4 trillion euro in assets under management have co-filed a resolution to urge Shell Paris-aligned emissions targets. The investors, which include one of the biggest investment managers in the world Amundi, collectively ...

BNP Paribas updates sustainability strategy

ROSE MARY PETRASS  |  TUESDAY, 16 JAN 2024  |  NEWS
... founding signatory to the Net Zero Banking Alliance, the firm previously stated it plans to align its portfolio with the Paris Agreement to limit the temperature increase to 1.5°C above pre-industrial levels. FS Sustainability reached out for comment ...

Paris overshoot: are investors prepared?

ROSE MARY PETRASS  |  FRIDAY, 12 JAN 2024  |  NEWS
In the face of projections that 2024 is set to surpass the 1.5°C Paris Agreement threshold, experts are concerned that investors are unprepared for the escalating risks associated with climate change. Investors navigate these risks by employing models ...

How much does it cost to "green" a portfolio

ROSE MARY PETRASS  |  WEDNESDAY, 27 DEC 2023  |  NEWS
... versions of the index that are compliant with the European Union Climate Benchmarks regulation are the STOXX® Europe 600 Paris-Aligned Benchmark (PAB) and the STOXX® Europe 600 Climate Transition Benchmark (CTB). CTBs and PABs adhere to EU carbon reduction ...

COP28 key outcomes: what it means for finance

ROSE MARY PETRASS, RACHEL ALEMBAKIS  |  THURSDAY, 14 DEC 2023  |  NEWS
... integrity and governance of private sector decarbonisation and crediting. "This historic COP and its first stocktake under the Paris Agreement has crucially kept alive the goal of limiting warming to 1.5C as the key reference point for reviewing 2030 ...

COP28: "Weak" Global Stocktake slammed

ROSE MARY PETRASS  |  TUESDAY, 12 DEC 2023  |  NEWS
... five-yearly checkpoint on the efforts by countries around the world to address the climate crisis, as outlined in the 2015 Paris Agreement. The new text does not include the previous draft's language on "phase out" of fossil fuels. The text mentions ...

Finance realignment urged as nature-positive trails 30:1

ROSE MARY PETRASS  |  MONDAY, 11 DEC 2023  |  NEWS
... nature, and the urgent need to implement a systems-level stewardship approach to achieve the all-encompassing goals of the Paris Agreement and the Kunming-Montreal Global Biodiversity Framework (GBF). One that is 'coherent, synergetic and holistic... ...

COP28: Australia commits $150m to Pacific resilience

ROSE MARY PETRASS  |  MONDAY, 11 DEC 2023  |  NEWS
... Albanese said he supports it. The Green Climate Fund is the world's largest global climate fund set up as part of the 2015 Paris Agreement. It has now approved projects across 128 countries. Australia was previously part of the fund, but withdrew in ...

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

ROSE MARY PETRASS  |  WEDNESDAY, 6 DEC 2023  |  NEWS
... to play an active role in building a net zero economy, while aligning our international investments with the goals of the Paris Agreement. Environmental groups welcomed the announcement. "Finance and investment need to shift rapidly to building new clean ...