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Showing 1 - 10 of 17 results for "NDC"

Japan issues first climate transition bond

ROSE MARY PETRASS  |  MONDAY, 19 FEB 2024  |  NEWS
In a world first, Japan's JPY1.6 trillion (US$11 billion) Climate Transition Bond will launch with proceeds going to fund Japan's carbon neutrality investment roadmap. The bond is certified under the Climate Bonds Standard, which assures environmental ...

COP28: Australia commits $150m to Pacific resilience

ROSE MARY PETRASS  |  MONDAY, 11 DEC 2023  |  NEWS
The Australian government has announced it will rejoin the global Green Climate Fund with an initial contribution of $50 million, and allocate $100 million to the Pacific Resilience Facility, to help developing countries transition their economies to ...

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 ...

Fixing Australia's complicated carbon market

RACHEL ALEMBAKIS  |  THURSDAY, 11 AUG 2022  |  NEWS
... and the role of carbon offsets as well as their role in contributing to Australia's Nationally Determined Contribution (NDC). The review also has recommendations around the eligibility criteria for units accepted under Climate Active and the Indo-Pacific ...

COP27 preview: loss and damage, action on commitments

RACHEL ALEMBAKIS  |  THURSDAY, 28 JUL 2022  |  NEWS
... of that conference, Australia's new Labor government officially submitted its enhanced nationally determined contribution (NDC), which commits Australia to cut carbon emissions by 43% by 2030. Australia's enhanced NDC has been "well received," noted ...

COP26 outcomes means increased focus on physical risk: PGIM

RACHEL ALEMBAKIS  |  THURSDAY, 9 DEC 2021  |  NEWS
The result of COP26 means a continuation of current work to manage climate risk, with an increased focus on the physical risks that will come over the next decades, according to PGIM. The latest Nationally Determined Contributions - the voluntary commitments ...

COP26 week one: what Australians need to know

RACHEL ALEMBAKIS  |  THURSDAY, 4 NOV 2021  |  NEWS
The first week of COP26's headlines has been dominated by world leaders' speeches and their commitments. In addition to the political rhetoric - which has been welcomed with varying degrees of satisfaction - there have also been a number of ...

Credible COP26 outcome needed to catalyse private investment

RACHEL ALEMBAKIS  |  THURSDAY, 4 NOV 2021  |  NEWS
COP26 negotiators need to set out a credible pathway to net zero in order to catalyse private finance, according to Impax Asset Management. "We need greater ambition - you can't escape from that," said Impax head of policy and advocacy Chris Dodwell. ...

Fiji, Australia sign Indo-Pacific Carbon Offsets Scheme deal at COP26

RACHEL ALEMBAKIS  |  TUESDAY, 2 NOV 2021  |  NEWS
Fiji will become the first international partner to join Australia's recently established Indo-Pacific Carbon Offsets Scheme. The scheme was announced in April and is modelled on Australia's Emissions Reduction Fund. Its aim is to develop a high-integrity ...

COP26 preview: reporting, carbon markets and role of finance

RACHEL ALEMBAKIS  |  THURSDAY, 28 OCT 2021  |  NEWS
... global emissions achieved in one country and then traded to another country to be counted toward the buying country's NDC," noted law firm DLA Piper. There are issues to negotiate that weren't settled at COP24 in 2018 in Poland, said Carbon Market ...
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