Asian investors step up climate governance, but transition plans lag -study
Asian investors are incorporating climate change into governance, investment, and disclosure practices at a faster pace, but many still lack detailed transition plans, according to a study.
Read MoreBRIEFING: Investors need clearer rules on what counts as climate solutions, experts say
Investors risk misallocating climate finance unless companies and banks use clearer definitions and reporting to show whether capital is flowing to credible low-carbon activities, finance experts said on Thursday.
Read MoreCanadian carbon developer narrows net loss in Q1 as CORSIA sales begin
A Canada-based carbon project financier reported a Q1 net loss on Friday that was lower from the previous three-month period while also disclosing first-quarter sales of CORSIA-eligible cookstove credits.
Read MoreInvestment in carbon credits hits record high as buyers shift focus -analysts
Early-stage capital invested in the carbon credit market reached a record $22 billion last year as more buyers sought to lock in price and quality, according to an analyst group.
Read MoreUK reportedly halves Green Climate Fund contribution amid aid spending cuts
The UK has reportedly slashed its contribution to the UN’s flagship climate finance vehicle by more than £800 million, in a move likely to deepen concerns among developing nations that wealthy countries are retreating from commitments to support the global energy transition and climate adaptation efforts.
Read MoreSpanish bank launches carbon credit trading platform
A Spanish lender has launched a carbon credit trading platform aimed at helping corporate clients and small businesses offset their CO2 emissions, expanding the bank’s push into sustainable finance and voluntary carbon markets.
Read More“Where’s the money?”: host govts tired of waiting for CORSIA demand, says developer
Host governments are increasingly tired of waiting for airlines to buy CORSIA-eligible carbon credits, with some projects now pivoting from the UN offsetting scheme to the voluntary market, developers warned.
Read MoreUK pension schemes still off track for 2C pathway -report
UK pension schemes remain exposed to assets above a 2C pathway, with smaller programmes still trailing larger peers on climate strategy and implementation, according to a report published this week.
Read MoreEU to suggest pragmatic methane law, as civil society groups step up scrutiny
The European Commission is preparing for a “pragmatic implementation” of the EU Methane Regulation, with a chance that the executive will propose further guidance to companies in an upcoming unofficial paper, sources told Carbon Pulse.
Read MoreEU carbon price currently trading “nowhere near” fair value, say analysts
EU Emissions Trading System (ETS) allowances are currently trading significantly below the value implied by fundamental demand and supply factors, analysts told an industry conference on Tuesday, as the market awaits the scheme’s summer review.
Read More