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COP28: Australia commits $150m to Pacific resilience

ROSE MARY PETRASS  |  MONDAY, 11 DEC 2023  |  NEWS
... Global Stocktake found that NDCs could be more ambitious. Australia did not join 64 countries that signed the Coalition for High Ambition Multilevel Partnerships for Climate Action, partnering with subnational governments to enhance the next round of ...

Government sets stage for sovereign green bond

RACHEL ALEMBAKIS  |  THURSDAY, 7 DEC 2023  |  NEWS
... Household Energy Upgrade Fund, the Clean Energy Finance Corporation within the framework. You start drilling down on the high level detail and you can get a little more granular on the information." The oversight of the green bond framework will be managed ...

Here's what happened at COP28 so far

ROSE MARY PETRASS  |  THURSDAY, 7 DEC 2023  |  NEWS
COP28: Australia signs Glasgow statement to end public finance for fossil fuels Australia has joined 40 other countries to end international public investment in fossil fuels, as the first week of COP28 saw new agreements regarding financing net zero ...

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

ROSE MARY PETRASS  |  WEDNESDAY, 6 DEC 2023  |  NEWS
Australia has joined 40 other 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 ...

Australia joins COP28 gender and just transition partnership

RACHEL ALEMBAKIS  |  TUESDAY, 5 DEC 2023  |  NEWS
... Pacific nations. "Climate change is not gender neutral - it disproportionately impacts women and girls," said UN Climate Change High-Level Champion for COP28 Razan Al Mubarak. "Already, the climate crisis amplifies existing gender inequalities and poses ...

Super investment key to decarbonising Australia: ASFA

RACHEL ALEMBAKIS  |  TUESDAY, 5 DEC 2023  |  NEWS
Investment by super funds will be a key source of capital to fund the structural shift necessary to transition Australia's economy to net zero, according to ASFA. The peak body for super funds has published a report examining super's role in the net ...

RIAA names Responsible Investment Super Leaders

RACHEL ALEMBAKIS  |  MONDAY, 4 DEC 2023  |  NEWS
... through activities such as engagement and voting and ESG integration; regularly measurement of outcomes; and exhibiting a high degree of transparency. The study found that the average net return of MySuper products of Responsible Super Fund Leaders outperformed ...

COP28: Climate finance, carbon markets take centre stage

ROSE MARY PETRASS  |  MONDAY, 4 DEC 2023  |  NEWS
... architecture to make financing available, accessible, and affordable. Australia did not sign on. The report of the Independent High Level Expert Group on Climate Finance (IHLEG) that underpinned the declaration was released at the start of COP28. The ...

SDG Loan Fund raises $1.1b of investor capital

ROSE MARY PETRASS  |  FRIDAY, 1 DEC 2023  |  NEWS
... of a compelling example of a concrete, innovative, market-led approach to mobilising that capital at scale, helping ensure high-impact projects vital to the green transition receive the financing they need," Zurkow said. "We firmly believe the SDG Loan ...

Responsible investment key to wealth transfer conversation

RACHEL ALEMBAKIS  |  THURSDAY, 30 NOV 2023  |  NEWS
... Ethical. Australian Ethical released Opportunity Next, exploring what is happening as an estimated $3.5 trillion in wealth from high net worth individuals is transferred to a new generation of investors over the next two decades. The report highlights ...