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Showing 21 - 30 of 102 results for "forests"

Finance realignment urged as nature-positive trails 30:1

ROSE MARY PETRASS  |  MONDAY, 11 DEC 2023  |  NEWS
... commented: "COP28's Nature, Land Use and Ocean Day saw over $186 million of new financing for nature and climate towards forests, mangroves and the ocean. This funding builds on the $2.5 billion that was mobilised on 2 December to protect and restore ...

COP28: Australia commits $150m to Pacific resilience

ROSE MARY PETRASS  |  MONDAY, 11 DEC 2023  |  NEWS
... resilient buildings by 2030. Brazil, who will host COP30 in 2025, announced the creation of a US$250 billion Tropical Forests Forever Fund, a global funding mechanism to protect forests in up to 80 countries. The instrument will be fully operational ...

New Forests to sell NZ assets

RACHEL ALEMBAKIS  |  MONDAY, 13 NOV 2023  |  NEWS
Global nature-based real assets manager New Forests is selling four of its New Zealand forestry assets. The four estates, located across New Zealand's North and South Islands, are being sold as the fund manager completes the term of the second round ...

UniSuper, pension funds buy forestry fund

RACHEL ALEMBAKIS  |  THURSDAY, 5 OCT 2023  |  NEWS
UniSuper and a consortium of European pension funds have acquired a Tasmanian forestry estate from a New Forests managed fund. UniSuper, the UK's Pension Protection Fund (PPF), and APG Asset Management N.V (APG) on behalf of its Dutch pension fund client ...

Forestry companies create global engagement body

RACHEL ALEMBAKIS  |  THURSDAY, 7 SEP 2023  |  NEWS
A coalition of forestry companies including New Forests have launched a collaborative engagement body that will advocate on issues including climate change, biodiversity loss and halting and reversing deforestation. The International Sustainable Forestry ...

Prepare for TNFD: FSI release guide on nature risks

ROSE MARY PETRASS  |  THURSDAY, 7 SEP 2023  |  NEWS
... nature-related company assessments and develop engagement approaches to biodiversity risks. The firm views fresh water and forests as two fundamental areas both to the global economy and the fight against climate change. This guide has been based upon ...

Finance "misunderstanding" risk of nature loss

ROSE MARY PETRASS  |  THURSDAY, 24 AUG 2023  |  NEWS
Financiers do not assess and disclose deforestation and biodiversity loss in Australia and may not even be aware of the risk when funding Australia's primary industries. New research from EY commissioned by The Wilderness Society found that deforestation ...

New Forests adds California forestry assets

RACHEL ALEMBAKIS  |  MONDAY, 3 JUL 2023  |  NEWS
Global nature-based real assets manager New Forests has bought a 7,600 hectare timber asset in the Mount Shasta region of California. It is the first asset acquired by New Forests' Forest Climate Solutions Fund (FCS) which focuses on combining returns ...

CEFC backs agriculture investment platform

RACHEL ALEMBAKIS  |  WEDNESDAY, 21 JUN 2023  |  NEWS
... with regenerative agriculture practices." Gunn Agri Partners currently has over 2.5 million acres of grazing pastures and forests in Northern Australia, said Gunn Agri Partners founding chair Bill Gunn. "Our second strategy, focused on row crops is fully ...

Just 5% of global emissions covered by corporate targets

ROSE MARY PETRASS  |  TUESDAY, 20 JUN 2023  |  NEWS
... highlighting where more action is needed. CDP will further develop the tracker to include nature-based solutions such as forests, water security, wetlands, and ocean degradation. "Accessible climate data supports a better understanding of decisions that ...

Editor's Choice

Green moves: Aware Super, Minderoo Foundation

ELIZABETH FRY
CareSuper hired an ESG specialist from a rival, while Andrew Forrest's Minderoo Foundation appointed an executive director of effective philanthropy.

Macquarie AM takes over Island Green Power

KARREN VERGARA
Macquarie Asset Management (MAM) is now the owner of renewable energy developer Island Green Power, scooping up the remaining 50% stake.

Palliser Capital hits out at Rio Tinto board

ANDREW MCKEAN
Palliser Capital has vowed to continue pressing for governance reform at Rio Tinto after its shareholder resolution calling for an independent review of the miner's dual-listed company structure fell short at the group's annual general meeting.

ISSB looks to ease Scope 3 disclosure requirements

JAMIE WILLIAMSON
The International Sustainability Standards Board has proposed changes to requirements under IFRS S2 to offer clarity around existing reliefs and provide further relief in relation to specific Greenhouse Gas emissions disclosures.

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