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Showing 31 - 40 of 92 results for "ARC"

COP28 key outcomes: what it means for finance

ROSE MARY PETRASS, RACHEL ALEMBAKIS  |  THURSDAY, 14 DEC 2023  |  NEWS
After 36 hours of tense negotiations, the climate agreement for the first time calls on nations to "transition away" from fossil fuels - but does not explicitly call for a fossil fuel "phase out." The first UN Global Stocktake on climate has resulted ...

Australia joins COP28 gender and just transition partnership

RACHEL ALEMBAKIS  |  TUESDAY, 5 DEC 2023  |  NEWS
Australia is among more than 60 countries to endorse the COP28 Gender-Responsive Just Transitions and Climate Action Partnership, which will focus on supporting women's economic empowerment during the transition to a low climate global economy. ...

COP28: Climate finance, carbon markets take centre stage

ROSE MARY PETRASS  |  MONDAY, 4 DEC 2023  |  NEWS
At COP28 leaders are highlighting the need to make climate finance more accessible and affordable. Water featured for only the second time at a COP, and several emerging economies launched carbon market initiatives. Adaptation and inclusion COP28 saw ...

Carbon credit review falls short on CO2 capture and slavery

ROSE MARY PETRASS  |  MONDAY, 27 NOV 2023  |  NEWS
An independent review to be released next month will inform how Canberra moves forward amid criticisms of its Australian Carbon Credit Unit (ACCU) scheme. Ahead of release, FS Sustainability has learnt the recommendations won't address modern slavery ...

Treasury proposes merger of accounting, audit bodies

RACHEL ALEMBAKIS  |  MONDAY, 27 NOV 2023  |  NEWS
Canberra has proposed merging the three financial reporting bodies to make them "more efficient, effective and fit for purpose," a move that have caught some by surprise. Treasurer Jim Chalmers has announced that government will propose legislation ...

BlackRock's Evergreen Infrastructure fund scores US$1bn

ROSE MARY PETRASS  |  TUESDAY, 21 NOV 2023  |  NEWS
BlackRock's core infrastructure equity strategy will invest in energy transition and security, as the open-ended fund makes its first investment to acquire a US commercial and industrial solar and battery platform. With nearly US$1 billion in commitments ...

Treasury launches sustainable finance strategy

RACHEL ALEMBAKIS  |  THURSDAY, 2 NOV 2023  |  NEWS
The government has announced plans to create a labelling regime for sustainable investment products, including managed funds and super fund options as well as plans to have an unnamed government body maintain a forthcoming sustainable finance taxonomy ...

Investors call for multilateral financial architecture overhaul

ROSE MARY PETRASS  |  TUESDAY, 24 OCT 2023  |  NEWS
Ahead of the upcoming COP28 in the United Arab Emirates, a member-led initiative of 86 institutional investors with US$9.6 trillion in assets under management reported a fall in total absolute financed greenhouse gas emissions. In its third annual progress ...

Danish pension fund completes US$520m divestment

ROSE MARY PETRASS  |  TUESDAY, 3 OCT 2023  |  NEWS
Danish pension fund AkademikerPension has completed a fossil fuel divestment program to exit its portfolio of oil and gas stocks worth US$520 million with the sale of Italy's ENI. The fund, which oversees $20 billion in client assets, has undergone ...

Uni partnership to turbocharge innovation in CO2 product manufacturing

ROSE MARY PETRASS  |  TUESDAY, 3 OCT 2023  |  NEWS
... sectors into useful products or embed carbon into existing products. At Monash University, the Australian Research Council (ARC) Research Hub for Carbon Utilisation and Recycling (RECARB) is the result of a collaboration of international and national ...