Development bank sets goal to deliver €150 bln of climate finance by 2030
A European development bank is aiming to channel a minimum of €150 billion in cumulative green finance over the next five years, it said on Wednesday.
Read MoreAsian utilities lagging on emissions reductions, decarbonisation plans -report
Eight “systemically important” energy utilities in Asia are not doing enough to cut emissions, said a report by an investor group released on Thursday.
Read MoreCOP31 needs to build on fossil fuel phaseout momentum, set stage for second Global Stocktake, think tank says
This year’s COP31 will play a crucial role in establishing a framework for the second Global Stocktake (GST2) in 2028, as well maintain momentum on climate action in a fracturing geopolitical landscape, a think tank said in a briefing published Tuesday.Â
Read MoreBiochar giant reaches carbon credit milestone
A Latin American biochar company has reached a significant milestone in credit issuance for the carbon removals (CDR) market, it said on Tuesday.
Read MoreNbS fund issues $1.3 mln call for projects
A US-based fund focused on nature-based solutions (NbS) has issued a request for proposals, with funding of up to $1.3 million available in 2026.
Read MoreUPDATE – NZ ETS auction sees no bids
The first auction of the year for units in New Zealand’s ETS garnered no bids, in line with expectations.
Read MoreAustralian chemicals company raises A$30 mln
An Australian company developing zero-emissions chemicals for use in hard-to-abate sectors has raised A$30 million ($21.3 mln) in a Series A financing round, led by the Gates Foundation.
Read MorePREVIEW: NZ market predicts another non-event auction
With New Zealand allowances trading some NZ$26 ($15.58) below the auction price floor, no one believes next week’s government sale event will clear, even though it remains an important market mechanism, according to some.
Read MoreINTERVIEW: Multiple routes to take ICJ climate opinion forward, says NGO head
The UN General Assembly (UNGA) is a crucial, but not the only, avenue to bring the International Court of Justice’s (ICJ) landmark climate advisory opinion to life, said the director of the NGO which kickstarted the campaign, pointing to the opinion’s applicability to the UNFCCC, finance and trade talks, as well as human rights bodies.
Read MoreNet Zero Asset Managers coalition officially relaunches with weaker targets
An initiative of investment managers committed to climate action has officially relaunched, backed by more than 50 asset owners representing $3.7 trillion in assets, but with substantially weaker requirements.
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