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Showing 1 - 10 of 22 results for "NDC"

IGCC names climate champions

ROSE MARY PETRASS  |  FRIDAY, 8 NOV 2024  |  NEWS
... companies to work together on a clear message that the Australian Government must set an ambitious 1.5 degree aligned 2035 NDC [ nationally determined contribution ] because a fast, well-planned transition provides the best economic results," commented ...

81 major investors lock in climate targets

ROSE MARY PETRASS  |  THURSDAY, 31 OCT 2024  |  NEWS
Nearly all of a major UN-convened asset owner group have now set Paris-aligned carbon targets covering US$9.5 trillion of assets under management, the latest data reveals. 81 out of 88 members of the Net Zero Asset Owner Alliance (NZAOA) have set targets ...

ASIC clarifies licensing rules for carbon market

ROSE MARY PETRASS  |  WEDNESDAY, 9 OCT 2024  |  NEWS
... Safeguard Mechanism caps emissions for heavy industry in order to meet Australia's 2030 nationally determined contribution (NDC), thereby increasing reliance on carbon credits to offset unavoidable emissions. However, industry and legal firms were unsure ...

Investors worth $42trn target state leaders at COP29

ROSE MARY PETRASS  |  WEDNESDAY, 18 SEP 2024  |  NEWS
More than 530 investors have thrown their support behind global whole-of-government policy overhaul in an effort to reach net zero. The 2024 Global Investor Statement to Governments on the Climate Crisis letter released this week counts leading super ...

Disorderly transition may spark financial meltdown

ROSE MARY PETRASS  |  MONDAY, 12 AUG 2024  |  NEWS
... solutions at risk management firm Ortec Finance. He cautions that the upcoming revision of nationally determined contributions (NDC), as well as regulatory changes as half the world heads to the polls, may spark a "disorderly transition" to net zero. ...

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 ...
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