COP27

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.

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.

Move comes as investors layout expectations for corporates in deforestation engagement initiative.

The initiative hopes to address global gaps in climate transition data.

In less than a month, world leaders are set to convene in Sharm El-Sheikh for COP27. Will the finance sector be joining them?