Investors praise private sector announcements and discussions on transition plans and nature, but credibility concerns remain over fossil fuels.
Wednesday marked Biodiversity Day at COP27 in Sharm el-Sheikh.
Investors hail discussions on critical climate topics, but concerns remain over logistical challenges and turnout.
Financial news from Sharm el-Sheikh: Nigeria adopts IFRS standards; NZBA publishes first progress report on decarbonisation targets.
Investors face 50-60 percent loss under business-as-usual climate scenario, as UK actuarial body warns world is heading towards a “ruin scenario”.
Financial news from Sharm El-Sheikh: IOSCO consults on carbon markets compliance, The White House publishes nature-solutions roadmap.
First generation of plans will be 'really difficult' for financial institutions, experts warn.
Industry-specific recommendations include ending funding for new fossil fuel projects.
Financial news from Sharm El-Sheikh: UK announces climate support package, ISSB launches partnership framework for implementation of climate-related disclosure standards.
A practical guide for institutional investors committed to tackling climate change.