COP29 Finance Day ‘intense’ as critics say COP ‘is no longer fit for purpose’
A report published on Finance Day said that $1trn is needed per year for developing countries by 2030
Michael Nelson
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CDP and GRI to work on streamlining environmental disclosures
The two organisations aim to increase access to comparable data through environmental reporting
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Net-Zero Export Credit Agencies Alliance launches first target-setting guidance at COP29
The Alliance also welcomed Finland’s Finnvera as a new member
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GSIA identifies ‘systemic misalignment’ between private investment and policymaking
‘Self-interest and short-termism in the financial system are blocking essential progress’
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Five senior corporate governance and impact investment managers depart UBS
Cost cutting seen across the industry
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CFA urges investors to get portfolios ready for transitioning economy
‘Managing the transition requires more than just setting long-term climate targets,’ Chris Fidler warns
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COP29 Day 2: Keir Starmer sets UK emissions reduction target of 81% by 2035
Day 2 of COP29 saw UK NDC update, loss and damage fund mobilisation and MDBs’ commitments
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‘Time is running out’ as CO2 emissions reach record high in 2024
The carbon budget required to keep global warming at 1.5°C could be exceeded in just six years
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COP29: 2024 on track to be hottest year on record and backlash against ‘Big Oil’
The shift to clean energy ‘will not be stopped’, but COP29 CEO caught touting oil and gas investment
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FRC drops references to environment and society in stewardship definition update
Consultation opens on revised UK Stewardship Code as commentators warn on ‘sending the wrong signals’
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Two EdenTree funds adopt SDR ‘Sustainability Impact’ label
EdenTree’s Green Future fund and Green Infrastructure fund met the requirements for the label
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Ninety One’s Global Environment fund to adopt SDR ‘Sustainability Impact’ label
Will adopt the label on 1 December 2024