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Showing 71 - 80 of 374 results for "banks"

Nearly a quarter of Australian bank debt has nature-related risk

ROSE MARY PETRASS  |  WEDNESDAY, 1 NOV 2023  |  NEWS
... to nature-related risk. Ernst & Young Australia and the Australian Conservation Foundation released a report finding that banks that are invested in agriculture, property, resources, and energy, are most exposed to nature-related risk. Livestock agriculture ...

Role for finance after No vote

ROSE MARY PETRASS  |  THURSDAY, 26 OCT 2023  |  NEWS
... Australians can pursue prosperous careers. Davids called for an inquiry into pay equity and stolen wages. He also suggests that banks, super funds and companies should charge lower fees to Indigenous Australians to correct this imbalance and appeal to ...

Connecting capital to nature the next challenge: ASFI

RACHEL ALEMBAKIS  |  FRIDAY, 20 OCT 2023  |  NEWS
... investment if we get that translation right," Yazbek-Martin said. Yazbek-Martin particularly highlighted opportunities for banks to develop debt products that can specifically assist in financing activities that have nature-positive benefits. She also ...

Reducing risk and navigating a just transition

ROSE MARY PETRASS  |  THURSDAY, 19 OCT 2023  |  NEWS
... Economy in 2018, wanting to address the concern from coal regions that the transition is an economic risk. "Two years ago banks, superfunds and philanthropists started coming to us with questions around just transition, worried about viability of their ...

Record climate spending for low and middle-income economies

ROSE MARY PETRASS  |  TUESDAY, 17 OCT 2023  |  NEWS
Climate finance by multilateral development banks (MDBs) for low-income and middle-income economies hit a new high of US$60.7 billion in 2022, up 46% from 2019, a new joint report has found. The spend included US$38 billion (63%) on climate change mitigation ...

Climate risk or opportunity for insurance sector

ROSE MARY PETRASS  |  THURSDAY, 5 OCT 2023  |  NEWS
... waterproofing, the materials you use on ground floor, etc. "We can do it at the community level about - levies for river banks...The money you save from avoiding loss of life and disruption to business, gives you a very good benefit/cost ratio nine times ...

Brookfield buys UK Banks Renewables

ROSE MARY PETRASS  |  WEDNESDAY, 4 OCT 2023  |  NEWS
Brookfield Asset Management will buy UK-based renewable energy company Banks Renewables for US$1 billion. This follows the acquisition of US renewable energy developer Urban Grid by Brookfield Renewable and its investors earlier this year for $650 million. ...

Podcast: Alex Banks - she speaks for the trees

THE GREENER WAY  |  WEDNESDAY, 20 SEP 2023  |  NEWS
On this episode of The Greener Way, we're talking with Alex Banks, a partner at EY's Climate Change and Sustainability Services. Banks is co-author of a report commissioned by The Wilderness Society that found that financiers do not assess and ...

Bank says fossil fuel exclusions "will bite" in the future

ROSE MARY PETRASS  |  THURSDAY, 31 AUG 2023  |  NEWS
... sustainability-conscious financial institution is putting its money where its mouth is. "There are a lot of fossil-free banks out there that don't have a way of shouting about it yet." The certification is informed by information taken both from ...

RBA sets 2030 net zero target

RACHEL ALEMBAKIS  |  WEDNESDAY, 30 AUG 2023  |  NEWS
... central bank functions. "On a broader scale, there is a question about whether climate-related trends could cause central banks to re-examine the relative merits of flexible inflation targeting," Bullock said. "The RBA Review considered this question ...