Australian bank ramps up sustainable lending
In the first half of the 2025 financial year, sustainable finance lending at one of Australia’s top four bank grew 16%. while its operational emissions fell.
Read MoreNew Zealand targets enhanced biodiversity financing, disclosures
The New Zealand government has launched a public consultation on proposals to implement its 2030 biodiversity strategy, including ways to increase investment in nature and support the development of a framework for nature-based financial disclosures and reporting.
Read MoreMajor airline looks to CDR units to meet 2030 goals
New Zealand’s national carrier is looking to purchase CO2 removal units to mop up its residual emissions in 2030, it said on Thursday.
Read MoreNew partnership aims to boost VCM access in Asia
Two Asia-headquartered firms have formed a strategic partnership to offer project developers easier access to the international voluntary carbon market (VCM).
Read MoreUPDATE – Carbon market yet to ‘fulfil promise’, former UK PM Blair says
The global carbon market has yet to deliver on its full potential, former UK Prime Minister Tony Blair said in a foreword to a report on resetting climate action from his non-profit.
Read MoreNew Zealand group seeks to take climate ambition case to the Supreme Court
A New Zealand climate advocacy group is seeking leave to appeal to the country’s top court its case over climate targets.
Read MoreCanadian bank ditches emissions, sustainable finance goals
Royal Bank of Canada (RBC) said it was scrapping its sustainable finance and emissions reduction goals, despite reporting another cut in its operational emissions in 2024.
Read MoreFrench asset manager enters new forest finance partnership
A France-headquartered sustainable asset manager has signed a Memorandum of Understanding (MoU) with an English non-profit to boost forest finance.
Read MoreSofter NZU, ACCU prices weigh on Carbon Fund value
Weakening prices in the Australian and New Zealand carbon markets in the first quarter led to a near-8% fall in the value of an Antipodean carbon fund.
Read MoreInvestor commits $40 mln to three nature-based carbon projects
A French investment firm has announced a $40 million investment into three nature-based projects in Latin America and Africa.
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