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Showing 1 - 10 of 44 results for "climate finance"

Podcast: Speaking truth to power on climate finance

RACHEL ALEMBAKIS  |  MONDAY, 5 FEB 2024  |  NEWS
On this episode, we're going to do a deeper dive into how we measure sustainable finance, and how we value the dollar impact of financing emissions-intensive activities. This is a key discussion point particularly as we look at Australia's sustainable ...

BlueScope receives funding for lower emissions project

RACHEL ALEMBAKIS  |  THURSDAY, 1 FEB 2024  |  NEWS
... this." The Climate Capital Forum features a network of investors, decarbonising businesses, philanthropists and climate finance experts. "There is no time left for federal government support for anything except strategies to fully decarbonise as global ...

COP28 key outcomes: what it means for finance

ROSE MARY PETRASS, RACHEL ALEMBAKIS  |  THURSDAY, 14 DEC 2023  |  NEWS
... climate has resulted in "imperfect" momentum on fossil fuels, renewable energy, energy efficiency, adaptation, and climate finance. While some are calling the agreement a "failure", COP28 President Sultan Al Jaber said during his closing speech: "We ...

COP28: "Weak" Global Stocktake slammed

ROSE MARY PETRASS  |  TUESDAY, 12 DEC 2023  |  NEWS
... adaptation finance flows. It states that developed countries should "at least double their collective provision of climate finance for adaptation to developing country Parties from 2019 levels by 2025." So far at COP28, over US$83.9 billion has been ...

COP28: Australia commits $150m to Pacific resilience

ROSE MARY PETRASS  |  MONDAY, 11 DEC 2023  |  NEWS
... Minister Wong's recent announcement to support technical experts in Pacific Island countries to facilitate access to climate finance. These are positive signs that the Australian Government is listening to our Pacific neighbours." However, Bungcaras ...

Here's what happened at COP28 so far

ROSE MARY PETRASS  |  THURSDAY, 7 DEC 2023  |  NEWS
... focus on supporting women's economic empowerment during the transition to a low climate global economy. COP28: climate finance, carbon markets take centre stage At COP28 leaders are highlighting the need to make climate finance more accessible and ...

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 ...

COP28: Countries tackle coal as President claims "no science" behind phase-out

ROSE MARY PETRASS  |  MONDAY, 4 DEC 2023  |  NEWS
... the process of developing its own sustainable finance taxonomy. According to McKinsey senior partner Cindy Levy, climate finance is seeing a global shortfall of US$55 trillion needed in the next decade to achieve net zero by 2030. Of the US$41 trillion ...

Only one sector set to meet emissions reduction targets

ROSE MARY PETRASS  |  MONDAY, 20 NOV 2023  |  NEWS
... scenario. When key dimensions such as financing are weighted more heavily, the situation appears even more dire. Climate finance flows have been disproportionately concentrated in the buildings and energy sectors, leaving other critical areas in need ...

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 ...
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