Business
Finance
Finance
UN-backed banking alliance walks away from 1.5°C target
The UN’s climate banking alliance drops the 1.5°C goal, signaling a softer approach to net zero. Keyword: climate banking alliances
Editorial Team•17 April 2025
Finance
Funds with esg labels draw 8.9%…
Use of ESG fund taxonomy increases investor interest, especially in UCITS. But…
Editorial Team•16 April 2025
Finance
EU taxonomy simplification could weaken sustainable…
The proposed changes under the Omnibus package risk increasing the misalignment between…
Editorial Team•4 April 2025
Finance
Protecting the most vulnerable countries from climate risk requires US$10 million per…
Reinsurance companies will have no economic problems in offering their services to the countries most affected…
22 November 2023
Finance
In 2022 rich countries finally mobilized $100 billion a year for climate…
According to preliminary data from the OECD, the target of USD 100 billion per year would…
20 November 2023
Finance
Climate risk assessment: banks use “unrealistic” models
Instruments constructed in a manner similar to those for assessing economic and financial risk do not…
5 November 2023
Policy and Affairs
The Loss and Damage Fund may not see the light at Cop28…
On 3 and 4 November an extraordinary summit was held in Abu Dhabi to find agreement…
4 November 2023
Finance
European banks will have to calculate climate risk in their financial buffer
It changes the way in which credit institutions will have to calculate the suitability of the…
13 October 2023
Finance
The new face of fossil support: what European banks do not say
Since 2016, when the Paris Agreement made it less convenient to finance fossils, major European banks…
27 September 2023
Finance
The World Bank gave $3.7 billion in fossil finance in 2022 alone
A Urgewald report draws attention to the establishment of Bretton Woods and the chronic delays in…
14 September 2023
Policy and Affairs
Africa at COP28 will not demand fossil phase out
The Nairobi Declaration includes measures to secure more resources for climate finance, ease the burden of…
11 September 2023
Markets
Investments in renewable energy 2023 mark the record
In the first half of this year, global spending on RES reached 358 billion dollars. Two…
7 September 2023
Finance
The Loss and Damage Fund flies low: asked only $ 100 billion…
A report commissioned by the UN in 2022 estimated that $150-300 billion a year would be…
31 August 2023
Finance
Japan prepares to issue first transition bonds
Prime Minister Kishida held a new meeting on the implementation of the national strategy of decarbonisation…
29 August 2023
Finance
Canada, green light for phasing out fossil subsidies. But how much does…
The government has issued two documents with guidelines to determine whether fossil subsidies are ineffective or…
22 August 2023
Energy
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