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Showing 81 - 90 of 1431 results for %22climate change%22

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

ROSE MARY PETRASS  |  FRIDAY, 1 DEC 2023  |  NEWS
... day of COP28 culminated in a landmark deal to help the most vulnerable emerging economies pay for the impacts of climate change. The initial funding is close to US$429m. Host nation the United Arab Emirates and Germany both pledged US$100 million. EU ...

Net zero roadmap shifts public service spending to green

RACHEL ALEMBAKIS  |  THURSDAY, 30 NOV 2023  |  NEWS
... requirements for construction services, ICT, textiles, and furniture, fixtures and equipment. The department notes that mandatory climate risk disclosure by large business and financial institutions will help the government consider climate information ...

New code of practice guidance for voluntary carbon markets

ROSE MARY PETRASS  |  WEDNESDAY, 29 NOV 2023  |  NEWS
... forming in voluntary markets." Patricia Espinosa, former executive secretary of the UN Framework Convention on Climate Change commented that while VCMs should be used in addition to internal decarbonisation methods, the voluntary carbon market enables ...

Sustainable AUM tops US$30 trn despite tighter labels

ROSE MARY PETRASS  |  WEDNESDAY, 29 NOV 2023  |  NEWS
... introduction of clearer disclosure and labelling regimes - such as the EU's SFDR, the UK's SDR, and the SEC's proposed Climate Disclosure Rule - helping drive forward our collective understanding of sustainable investment approaches and providing clarity ...

UN-informed tool to assess SDG progress

ROSE MARY PETRASS  |  TUESDAY, 28 NOV 2023  |  NEWS
... introduced physical risk indicators that cover all climate scenarios endorsed by the Intergovernmental Panel on Climate Change (IPCC). The new tool provides Bloomberg users with a new to assess exposure to climate vulnerabilities including floods, fires ...

Carbon credit review falls short on CO2 capture and slavery

ROSE MARY PETRASS  |  MONDAY, 27 NOV 2023  |  NEWS
... the recommendations won't address modern slavery risk and direct air capture and storage inefficiencies. The Climate Change Authority's (CCA) review of the ACCU scheme comes amid a storm of controversies around the future of carbon credit programs ...

Rest invests $1b in Quinbrook green data centres

ROSE MARY PETRASS  |  MONDAY, 27 NOV 2023  |  NEWS
... strong long-term financial returns by supporting the necessary infrastructure for the future economy, Lill said. "Climate change mitigation, the energy transition and the road to net zero are creating some great investment opportunities for our members. ...

Loss and damage funds a key consideration for COP28

RACHEL ALEMBAKIS  |  THURSDAY, 23 NOV 2023  |  NEWS
... business and investor commitments are all topics of interest at the forthcoming COP28. The 2023 United Nations Climate Change Conference or Conference of the Parties of the UN Framework Convention on Climate Change (UNFCCC), more commonly referred to ...

Surge in executive support for sustainability

ROSE MARY PETRASS  |  THURSDAY, 23 NOV 2023  |  NEWS
... finds executives acknowledge the benefits of sustainable business practices and processes. Research from Capgemini finds climate disasters, regulatory pressure, and expected return on investment the key factors driving ESG strategies and initiatives ...

Capacity Investment Scheme expansion to jolt renewable energy

ROSE MARY PETRASS  |  THURSDAY, 23 NOV 2023  |  NEWS
... (CIS) to 32 GW of renewable energy - up from 9 GW - to enable the federal renewable energy target of 82% by 2030. Federal Climate and Energy Minister Chris Bowen has now effectively ditched the Renewable Energy Target (RET) and will use an auctions mechanism ...