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Showing 11 - 20 of 217 results for "Paris Agreement"

BNP Paribas updates sustainability strategy

ROSE MARY PETRASS  |  TUESDAY, 16 JAN 2024  |  NEWS
... 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 as to whether ...

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
... stricter carbon limits the "darker green" PABs align more closely with the global warming commitments outlined in the Paris Agreement. The authors compare the cost of transitioning a €3.5-billion portfolio to the three alternatives, with four trading ...

COP28 key outcomes: what it means for finance

ROSE MARY PETRASS, RACHEL ALEMBAKIS  |  THURSDAY, 14 DEC 2023  |  NEWS
... 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 goals, developing ...

COP28: "Weak" Global Stocktake slammed

ROSE MARY PETRASS  |  TUESDAY, 12 DEC 2023  |  NEWS
... 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 "fossil fuel" ...

Finance realignment urged as nature-positive trails 30:1

ROSE MARY PETRASS  |  MONDAY, 11 DEC 2023  |  NEWS
... 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... in accordance ...

COP28: Australia commits $150m to Pacific resilience

ROSE MARY PETRASS  |  MONDAY, 11 DEC 2023  |  NEWS
... 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 2018 having ...

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

ROSE MARY PETRASS  |  WEDNESDAY, 6 DEC 2023  |  NEWS
... 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 renewable ...

RIAA names Responsible Investment Super Leaders

RACHEL ALEMBAKIS  |  MONDAY, 4 DEC 2023  |  NEWS
... considerations have taken centre stage, with 42% of super funds now having portfolio targets aligned with the Paris Agreement (net zero by 2050), compared with just 34% in 2021. "It is very encouraging to see that increase," Banhalmi-Zakar said. "When ...

COP28: Climate finance, carbon markets take centre stage

ROSE MARY PETRASS  |  MONDAY, 4 DEC 2023  |  NEWS
... across Asia, Africa, and South America, and the Pacific introduced landmark investment plans to implement the Paris Agreement and new Global Biodiversity Framework, committing US$2.59 billion from public and private sources, and emphasising the development ...