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Showing 1 - 8 of 8 results for "Global Stocktake"

COP29 skirts diplomatic disaster

ROSE MARY PETRASS  |  MONDAY, 25 NOV 2024  |  NEWS
... and $15 million by the UK for sustainable cooling technologies. However, COP29 reached an impasse on the COP28 global stocktake agreements to transition away from fossil fuels. In a clash of schedules, COP29 was held concurrently with the G20 Summit ...

COP28 key outcomes: what it means for finance

ROSE MARY PETRASS, RACHEL ALEMBAKIS  |  THURSDAY, 14 DEC 2023  |  NEWS
... "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 in "imperfect" momentum on fossil fuels, renewable energy, energy efficiency, adaptation, and climate ...

COP28: "Weak" Global Stocktake slammed

ROSE MARY PETRASS  |  TUESDAY, 12 DEC 2023  |  NEWS
The much-anticipated fourth draft of the Global Stocktake (GST) text, updated on Monday, does not give a clear pathway or strong ambition on fossil fuel phaseout and energy sector decarbonisation. The GST is the first five-yearly checkpoint on the efforts ...

COP28: Australia commits $150m to Pacific resilience

ROSE MARY PETRASS  |  MONDAY, 11 DEC 2023  |  NEWS
... and deforestation COP28 also had a focus on the built environment, including urbanisation and transport. The Global Stocktake found that NDCs could be more ambitious. Australia did not join 64 countries that signed the Coalition for High Ambition Multilevel ...

Loss and damage funds a key consideration for COP28

RACHEL ALEMBAKIS  |  THURSDAY, 23 NOV 2023  |  NEWS
... will be further integration of climate and biodiversity and that may find its way into conversations about the global stocktake. The first global stocktake is set to conclude at COP28. It is a process for countries and stakeholders to report on progress ...

COP27 preview: loss and damage, action on commitments

RACHEL ALEMBAKIS  |  THURSDAY, 28 JUL 2022  |  NEWS
... progress towards achieving the Paris Agreement's goal to limit global warming to 1.5 degrees Celsius, known as the Global Stocktake. Looking to what COP27 would cover, Hill is expecting that there will be discussion of how to turn the more than US$100 ...

COP26 preview: reporting, carbon markets and role of finance

RACHEL ALEMBAKIS  |  THURSDAY, 28 OCT 2021  |  NEWS
As world leaders across government, business and finance gather in Glasgow for COP26, observers are awaiting not only net zero commitments, but interim commitments and developments related to international carbon markets and how countries report on ...

Climate-related policies "inevitable", but likely to be disorderly: IPR

RACHEL ALEMBAKIS  |  FRIDAY, 13 DEC 2019  |  NEWS
... between 2023-2025 has been identified because of the Paris Agreement 'ratchet mechanism'. It starts with the Global Stocktake 2023 and leads to the third round of climate pledges in 2025, and it increases the likelihood that policy announcements to tackle ...
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Editor's Choice

AGL mulls sale of Tilt Renewables

JAMIE WILLIAMSON
AGL Energy has confirmed it is considering selling its 20% stake in the wind and solar energy generator.

Nuveen eyes green loans in local RE strategy

MATTHEW WAI
Following its first close in December, Nuveen's Australian commercial real estate debt strategy, which has a focus on responsible investing, has received $300 million from the Canadian Pension Plan Investment Board (CPP Investments) on its second close.

Wollemi Capital buys renewables platform

JAMIE WILLIAMSON
The climate-focused investment firm will pay $19 million for MPower Group's renewable energy and battery storage business after the latter faced challenges in securing funding.

Podcast: Measuring nature assets in portfolios

THE GREENER WAY
In this episode of The Greener Way, host Michelle Baltazar discusses the transition to nature-positive investment portfolios with Lucian Peppelenbos, climate and biodiversity strategist at Robeco.

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