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Showing 21 - 30 of 404 results for "financing"

BNP Paribas updates sustainability strategy

ROSE MARY PETRASS  |  TUESDAY, 16 JAN 2024  |  NEWS
... substantially reduced our exposure to unconventional oil and gas." In May 2023, BNP Paribas announced that it will cease financing all new oil and gas developments, after stating in January of that year it would cut oil exploration financing by 80% by ...

Podcast: Banking on the future with Australia's green bank

RACHEL ALEMBAKIS  |  MONDAY, 15 JAN 2024  |  NEWS
... proposed that the CEFC take a key role in its recently announced sustainable finance strategy in delivering discounted financing to priority sectors as well as other aims. Last year,Treasury released the long-anticipated sustainable finance strategy ...

QIC secures US$300m SLL

ROSE MARY PETRASS  |  THURSDAY, 14 DEC 2023  |  NEWS
... sustainable finance at ANZ, said the bank was pleased to support QIC in the integration of the sustainability targets in their financing arrangements, in their role as joint sustainability coordinator. "This Sustainability Linked Loan has been structured ...

COP28 key outcomes: what it means for finance

ROSE MARY PETRASS, RACHEL ALEMBAKIS  |  THURSDAY, 14 DEC 2023  |  NEWS
... masse in Dubai, now leave with a shared direction to invest in clean and green energy systems across the world, and financing this will be a big focus for COP29." However, he added that "it is concerning that false solutions like carbon capture and storage ...

COP28: "Weak" Global Stocktake slammed

ROSE MARY PETRASS  |  TUESDAY, 12 DEC 2023  |  NEWS
... and domestic finance as "a critical enabler for climate action." The text finds that both adaptation and mitigation financing would need to increase many-fold if climate goals are to be achieved. There is sufficient global private and public capital ...

Finance realignment urged as nature-positive trails 30:1

ROSE MARY PETRASS  |  MONDAY, 11 DEC 2023  |  NEWS
... tackle climate, biodiversity and nature degradation. The State of Finance for Nature report found nature-based solutions financing has increased 11% in the past year. Private finance flows with negative nature impacts stands at US$5 trillion - 140 times ...

Here's what happened at COP28 so far

ROSE MARY PETRASS  |  THURSDAY, 7 DEC 2023  |  NEWS
... countries to end international public investment in fossil fuels, as the first week of COP28 saw new agreements regarding financing net zero as well as a focus on the role of Indigenous Peoples in climate stewardship. Australia joins COP28 gender and ...

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

ROSE MARY PETRASS  |  WEDNESDAY, 6 DEC 2023  |  NEWS
... countries to end international public investment in fossil fuels, as the first week of COP28 saw new agreements regarding financing net zero as well as a focus on the role of Indigenous Peoples in climate stewardship. The nation joined the US, Canada ...

COP28: Climate finance, carbon markets take centre stage

ROSE MARY PETRASS  |  MONDAY, 4 DEC 2023  |  NEWS
... Framework was endorsed by 12 countries, including the UK and the US, to showcase a new financial architecture to make financing available, accessible, and affordable. Australia did not sign on. The report of the Independent High Level Expert Group on ...

COP28: Countries tackle coal as President claims "no science" behind phase-out

ROSE MARY PETRASS  |  MONDAY, 4 DEC 2023  |  NEWS
... announcement: "No government can solve this alone. We must all come together with the innovative solutions to catalyse the financing at the scale and speed required to transition off of dirty power and accelerate the clean energy future." Some environment ...