Remove 2024 Remove Green Bonds Remove Net Zero
article thumbnail

Australia to Issue Inaugural Green Bond

ESG Today

The government of Australia will issue its first ever green bond next year, joining the growing ranks of sovereign debt issuers participating in the sustainable finance market to help fund their environmental sustainability initiatives, according to an announcement on Friday by Treasurer Jim Chalmers.

article thumbnail

To boost competitiveness, Europe proposes slashing key climate rules

Corporate Knights

The pullback threatens to erode years of progress, which has made Europe the leading market for sustainable funds , green bonds and other responsible investments, and jeopardizes the capital needed for the EUs ambitious climate goals. Here are the main rollbacks proposed in the initial package.

Net Zero 146
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Decarbonising Investment Portfolios on the Journey to Net Zero

3BL Media

South Pole can help you navigate the existing framework as well as the new net zero guidance (FINZ) which will replace it in Q4 2023. Finance climate action Financing climate action can take many forms, such as green bonds or sustainability-linked loans. However, greater action is required to fully realise this.

Net Zero 113
article thumbnail

ESG Today: Week in Review

ESG Today

This week in ESG news: IBM study shatters “myth” that ESG harms profitability; PwC boosts nature and biodiversity capabilities; Starbucks certifies 3,500 environmentally sustainable stores; Hong Kong to require all issuers to report on climate; EU lawmakers adopt rules tackling deforestation in supply chains; Schneider Electric launches (..)

article thumbnail

Global Regulatory Brief: Green Finance, January Edition

3BL Media

Originally published on bloomberg.com Green finance regulatory developments The 2023 United Nations Climate Change Conference (COP28) galvanized the energy around the global green finance agenda, setting the stage for a busy 2024 of green-related rulemaking and policy guidance for the financial services sector.

article thumbnail

Singapore to Ramp Climate Goals at COP27, Launches National Hydrogen Strategy

ESG Today

Singapore plans to submit a more ambitious emissions reduction goal at the upcoming COP27 climate conference in November, according to Deputy Prime Minister Lawrence Wong, as part of a strengthened commitment to achieve net zero by 2050. Wong said: “As you can see, our net zero path is not an easy one.

Net Zero 127
article thumbnail

Iberdrola Signs €5.3 Billion Credit Line with Rates Tied to Climate, Diversity Goals

ESG Today

Iberdrola has set goals to achieve carbon neutrality in its power generation plants by 2030, and to reach net zero across its full value chain by 2040, and to increase the presence of women in relevant positions to 35 % by 2030. Iberdrola said that it expects to update its investment plan in March 2024.