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Showing 11 - 20 of 141 results for %22Climate Bonds Initiative%22

Australia the guinea pig for PRI sovereign engagement pilot

ROSE MARY PETRASS  |  THURSDAY, 31 AUG 2023  |  NEWS
... with $12.2 trillion in assets under management has announced the expansion of its Collaborative Sovereign Engagement on Climate Change pilot program in Australia, welcoming 18 new organisations to the initiative. The program announced in September last ...

Industy veterans named to sustainable finance taxonomy working group

RACHEL ALEMBAKIS  |  THURSDAY, 10 AUG 2023  |  NEWS
... international consortium of taxonomy and sustainability specialists led by global standard setter, the Climate Bonds Initiative, to prepare the technical products for the TTEG's consideration, input and endorsement. "We welcome the deep expertise and ...

World first $1.6bn Climate Bonds green loan: QIC and Vector

ROSE MARY PETRASS  |  TUESDAY, 4 JUL 2023  |  NEWS
... Approved Verifier, DNV Australia, issued the verification report and assurance opinion for the loan. Climate Bonds Initiative (CBI) confirmed this was the first certification under the newly launched Climate Bonds Standard and Certification scheme. "This ...

Treasury mandates APRA must consider climate risk in duties

RACHEL ALEMBAKIS  |  THURSDAY, 8 JUN 2023  |  NEWS
... updated statement of expectations for the Australian Prudential Regulation Authority (APRA) which includes the adoption of climate reporting standards by super funds, banks and insurers. "For the first time, the government is explicit in requiring the ...

No pause button on greenwashing action: ASIC

ROSE MARY PETRASS  |  THURSDAY, 11 MAY 2023  |  NEWS
... relation to sustainable finance-related products and services. This follows the government proposal to introduce a mandatory climate-change related disclosure regime for large businesses and financial institutions in Australia. "Greenwashing is a corrosive ...

Investors welcome Commonwealth green bond program

RACHEL ALEMBAKIS  |  THURSDAY, 27 APR 2023  |  NEWS
... government and AOFM should refer to credible, science-based criteria for UoP such as those contained in the Climate Bonds Initiative Climate Bond Standard. A move in this direction will reassure investors that their capital is being deployed to projects ...

No role for monetary policy to address climate change

RACHEL ALEMBAKIS  |  THURSDAY, 20 APR 2023  |  NEWS
The Reserve Bank of Australia (RBA) should "take account of climate risks but not use monetary policy to address them," a recommendation made as part of a sweeping overhaul of how the central bank functions. As reported in sister publication Financial ...

The "Wild West" of "blue" investing

ROSE MARY PETRASS  |  WEDNESDAY, 5 APR 2023  |  NEWS
... US$269.5 billion (AU$398.9 billion) in 2020, up from US$170 billion (AU$251. 6billion) in 2018, according to Climate Bonds Initiative. The European Union's Green Deal aims to mobilise public and private financial resources towards €1 trillion ($1.61 ...

CEFC doubles investment in Artesian bond fund

RACHEL ALEMBAKIS  |  FRIDAY, 31 MAR 2023  |  NEWS
... activities," the CEFC said. Artesian will also expand its own internal reporting tool, to assess the reporting frameworks on climate risk and financed emissions disclosures provided by underlying issuers, including baseline development of companies' ...

Bank Australia sets interim 2030 net zero target

RACHEL ALEMBAKIS  |  FRIDAY, 24 MAR 2023  |  NEWS
... Nature (WWF) and is aimed at enabling companies to set greenhouse gas emissions targets to 2050 in line with containing climate change to 1.5 degrees Celsius. It is seen as a rigorous voluntary framework with established targets for accomplishments in ...