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Showing 501 - 510 of 1537 results for "finance"

New advisory body for nature investment

ROSE MARY PETRASS  |  TUESDAY, 5 DEC 2023  |  NEWS
Canberra has established a new advisory body to align private finance and investment with nature positive outcomes. The Department of Climate Change, Energy, the Environment and Water this week announced the establishment of the Nature Finance Council ...

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 ...

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

ROSE MARY PETRASS  |  MONDAY, 4 DEC 2023  |  NEWS
... phase out coal plants earlier than their planned retirement, with no cost to coal owners. He also announced a new blended finance vehicle and a Singapore-Asian taxonomy. Australia is in the process of developing its own sustainable finance taxonomy. ...

COP28 day one recap: US$429m loss and damage fund

ROSE MARY PETRASS  |  FRIDAY, 1 DEC 2023  |  NEWS
... "COP28 is stepping up the momentum on operationalising and getting genuine commitment from developed countries to pour finance at scale to the Loss and Damage fund. "The establishment of a Loss and Damage fund has been a long time coming, and communities ...

SDG Loan Fund raises $1.1b of investor capital

ROSE MARY PETRASS  |  FRIDAY, 1 DEC 2023  |  NEWS
... the goals of the United Nations Sustainable Development Goals (SDGs) in emerging and frontier markets, using a blended finance model. Allianz Global Investors is managing the SDG Loan Fund and FMO Investment Management is originating and managing the ...

Net zero roadmap shifts public service spending to green

RACHEL ALEMBAKIS  |  THURSDAY, 30 NOV 2023  |  NEWS
... government office space that is purchased from 2026 onwards must have a 6-star NABERS energy rating as the Department of Finance releases its strategy to achieving net zero by 2030 across the Australian Public Service. As previously reported by FS Sustainability ...

Gender pay gap a key diversity metric: FSI

RACHEL ALEMBAKIS  |  THURSDAY, 30 NOV 2023  |  NEWS
... and gender diversity reporting as their first Principal Adverse Impacts (PAI) disclosure report under the Sustainable Finance Disclosure Regulation (SFDR). Under SFDR, financial market participants such as asset managers need to disclose PAIs that their ...

New code of practice guidance for voluntary carbon markets

ROSE MARY PETRASS  |  WEDNESDAY, 29 NOV 2023  |  NEWS
The Voluntary Carbon Markets Integrity Initiative (VCMI) has released guidance to help direct finance to climate mitigation initiatives and commitment beyond science-aligned emissions cuts. The new guidance for the Claims Code of Practice aims to accelerate ...

Sustainable AUM tops US$30 trn despite tighter labels

ROSE MARY PETRASS  |  WEDNESDAY, 29 NOV 2023  |  NEWS
... International Sustainability Standards Board (ISSB) framework. It calls for international regulatory alignment on sustainable finance regulations to address fragmentation and support greater convergence, including convening a Sustainable Finance Regulatory ...

UN-informed tool to assess SDG progress

ROSE MARY PETRASS  |  TUESDAY, 28 NOV 2023  |  NEWS
... the alignment of companies to Sustainable Development Goals (SDGs). The tool incorporates the UN Environmental Programme Finance Initiative (UNEP FI) Sector Impact Map to move needle on global impact integration in portfolios. Covering 500 sectoral activities ...