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Showing 1 - 10 of 48 results for "drought"

Greenwash top of mind for Kiwi funds

ROSE MARY PETRASS  |  THURSDAY, 5 DEC 2024  |  NEWS
... investing; the latter alone grew to $70 billion in 2023. The former $11 billion to $15 billion - by 36%. Dean said issues like drought affecting agricultural output, supply chain vulnerabilities during extreme weather, and the cost of reputational damage ...

Australia among the leaders in lowering carbon emissions

MICHELLE BALTAZAR  |  THURSDAY, 14 NOV 2024  |  NEWS
... the capacity of natural CO2 sinks on land which absorb carbon from the atmosphere, mainly forests, have declined due to drought in the Amazon and fires in Canada," said Canadell. "The CO2 sinks have begun to recover but the data underscores how vulnerable ...

Sunshine state issues $2.75bn green bond

RACHEL ALEMBAKIS  |  MONDAY, 29 JAN 2024  |  NEWS
... pool over the last couple of years, expanding eligible infrastructure assets, particularly the Southeast Queensland Water Drought Resilient Network - a unique, climate adaption, water supply asset providing drinking water solutions around the region. ...

VC initiative to catalyse AgTech for climate solutions

RACHEL ALEMBAKIS  |  MONDAY, 15 JAN 2024  |  NEWS
The federal government is backing a commericalisation initiative that will identify and fund projects to enhance drought resilience in Australian agriculture. Beanstalk AgTech has received a $10 million grant to develop the Drought Venture Studio, which ...

UN-informed tool to assess SDG progress

ROSE MARY PETRASS  |  TUESDAY, 28 NOV 2023  |  NEWS
Bloomberg ESG has integrated a United Nations' framework to assess the alignment of companies to Sustainable Development Goals (SDGs). The tool incorporates the UN Environmental Programme Finance Initiative (UNEP FI) Sector Impact Map to move needle ...

New tools available to help investors meet Paris Agreement

ROSE MARY PETRASS  |  FRIDAY, 17 NOV 2023  |  NEWS
A range of new tools have been released from organisations including Moody's Investors Service, ISS STOXX, Global Impact Investing Network, UN-convened Principles for Responsible Investment, Bloomberg and Riskthinking.AI. Moody's releases framework ...

NGFS introduces "too-little-too-late" climate scenario

ROSE MARY PETRASS  |  MONDAY, 13 NOV 2023  |  NEWS
The Network of Central Banks and Supervisors for Greening the Financial System (NGFS) has published new climate scenarios including predictions that a net zero transition could be "too-little-too-late," disorderly and delayed. The group, consisting ...

Treasury issues statement on systemic climate risk to government bonds

ROSE MARY PETRASS  |  WEDNESDAY, 1 NOV 2023  |  NEWS
Treasury has acknowledged that climate is a systemic risk for the Australian economy and creates uncertainty about the fiscal impacts of climate change on government bonds. The federal court has approved a settlement between the Commonwealth and Kathleen ...

Climate risk or opportunity for insurance sector

ROSE MARY PETRASS  |  THURSDAY, 5 OCT 2023  |  NEWS
Insurance leaders have reframed the challenge of climate risk as an opportunity, stating that physical risk from climate change is not the biggest challenge to insurance. Finity Consulting principal Rade Musulin and Swiss Reinsurance head of property ...

Forestry companies create global engagement body

RACHEL ALEMBAKIS  |  THURSDAY, 7 SEP 2023  |  NEWS
... challenged in the impacts of climate change through increased prevalence of bushfires, windstorms, intensifying rainfall and drought, all of which "creates a need for more active forest management to create resilience to climate change. These activities ...
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