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 ...

Here's what happened at COP28 so far

ROSE MARY PETRASS  |  THURSDAY, 7 DEC 2023  |  NEWS
Stay on top of the news coming out of the 28th UN Climate Change Conference held from 30 November until 12 December 2023 in Dubai, UAE.

Progress on Australia's sustainable finance taxonomy

ROSE MARY PETRASS  |  THURSDAY, 7 DEC 2023  |  NEWS
The Australian Sustainable Finance Institute (ASFI) has published two methodology papers towards the development of Australia's sustainable finance taxonomy.

COP28: Australia signs Glasgow statement to end public finance for fossil fuels

ROSE MARY PETRASS  |  WEDNESDAY, 6 DEC 2023  |  NEWS
Australia joins 40 other countries to end public investment in fossil fuels, as COP28 sees new agreements on net zero finance and a focus on Indigenous Peoples.

New advisory body for nature investment

ROSE MARY PETRASS  |  TUESDAY, 5 DEC 2023  |  NEWS
Canberra has established a new advisory body to align private finance and investment with nature positive outcomes.

COP28 day one recap: US$429m loss and damage fund

ROSE MARY PETRASS  |  FRIDAY, 1 DEC 2023  |  NEWS
The first day of COP28 culminated in a landmark deal to help the most vulnerable emerging economies pay for the impacts of climate change.

Net zero roadmap shifts public service spending to green

RACHEL ALEMBAKIS  |  THURSDAY, 30 NOV 2023  |  NEWS
The Department of Finance has released its strategy to achieving net zero by 2030 across the Australian Public Service.

Carbon credit review falls short on CO2 capture and slavery

ROSE MARY PETRASS  |  MONDAY, 27 NOV 2023  |  NEWS
An independent review to be released next month will inform how Canberra moves forward amid criticisms of its Australian Carbon Credit Unit (ACCU) scheme. Ahead of release, FS Sustainability has learnt the recommendations won't address modern slavery ...

Treasury proposes merger of accounting, audit bodies

RACHEL ALEMBAKIS  |  MONDAY, 27 NOV 2023  |  NEWS
Canberra has proposed merging the three financial reporting bodies to make them "more efficient, effective and fit for purpose".

Workplace conduct a financial risk: Fidelity International

RACHEL ALEMBAKIS  |  THURSDAY, 23 NOV 2023  |  NEWS
Workplace misconduct is a material financial risk to business and investors, according to new research from Fidelity International.