Investors praise private sector announcements and discussions on transition plans and nature, but credibility concerns remain over fossil fuels.
Financial news from Dubai: MDBs join taskforce to boost climate and nature-linked sovereign financing; PRI launches net-zero policy taskforce for international regulators.
Investor group provides guidance on initiation, sectoral, engagement and portfolio targets.
-80x80.jpeg "Bloomberg to use Natural History Museum data for biodiversity tool")
Collaboration comes in response to investor demand for better biodiversity data, data provider tells RI.
Financial institutions are keen to get involved in discussions on nature in transition plans, GFANZ's Joy Williams tells RI.
Misalignment could be due to conflicts of interest, cultural differences and disagreement on stewardship approaches, study suggests.
Concessions on access to justice measures and transition plans also endorsed by permanent representatives from European member states.
Sources following the process say that France has been lobbying for the removal of the sector from the bloc's due diligence directive.
Collective Impact Coalition will focus on engaging firms on the assessment and disclosure of impacts and dependencies on nature.
We asked participants to the nature initiative for details of the number and sector of the companies they hope to target, and the reasons for their selection.