BNP Paribas launches green bonds linked to new Australian Climate Transition Index
Three major Australian institutional investors have subscribed A$140 million ($100 mln) to a series of green bonds linked to a new climate transition index launched by French-headquartered bank BNP Paribas.
Read MoreShell to buy Australian carbon project developer
Shell will buy an Australian carbon offset project developer as part of its global drive to cut GHG emissions through nature-based solutions, its first acquisition under the programme, the oil major announced Monday.
Read MoreSK Market: KAUs slink to 3.5-year lows on 2019 compliance deadline day
Friday marked the deadline for South Korean companies to comply with their 2019 targets under the nation’s emissions trading scheme, but minimal demand in the over-supplied market led to prices falling to levels not seen since Dec. 2016.
Read MoreEsso, BHP Billiton the main beneficiaries as Australia inflates CO2 caps
Australia’s Clean Energy Regulator has issued a new batch of emission baselines under the Safeguard Mechanism, increasing the amount of CO2 discharges allowed from several large industrial facilities.
Read MoreNew US-listed carbon ETF launched amid growing investor interest
A new US-listed exchange-traded fund (ETF) that tracks carbon prices in three markets was launched Thursday, allowing retail investors for the first time to indirectly hold cross-continental stakes in cap-and-trade schemes.
Read MoreNZ Market: NZUs leap to new record high as demand persists
NZUs have gained almost a dollar over the past two days to climb past NZ$34.00 ($22.53) for the first time, as steady demand and limited supply keep sellers eyeing higher levels.
Read MoreSouth Korea MPs move to ban public investments in overseas coal
Lawmakers from South Korea’s ruling Democratic party have proposed legislation that would ban further public investment in coal-fired power plants abroad amid criticism towards state-owned KEPCO’s involvement in such facilities in Indonesia and Vietnam.
Read MoreGlobal commodities firm launches AI-powered solution for ‘private wire’, carbon-neutral energy
A global commodities firm has launched an AI-powered business to offer industry and SMEs a low-cost path to achieving ‘private wire’ energy supply and net zero emissions.
Read MoreBrunei to make carbon pricing centrepiece of climate strategy
Brunei Darussalam will introduce a carbon pricing mechanism by 2025 as the main pillar of its strategy to cut greenhouse gas emissions around 50-60% below BAU levels by 2035.
Read MoreMajor Australian emitters team up to hammer out path to carbon neutral future
Some of Australia’s biggest carbon emitters have joined efforts to identify pathways to making five major industrial sectors reach net zero emissions by 2050.
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