The ECB considers more aggressive sanctions for climate laggard banks, global regulators launch a new net-zero policy taskforce, plus more in the latest roundup.
Oil and gas producers must step up clean energy investment according to the IEA, while Largarde says the ECB is steadfast on climate, plus more in the latest roundup.
Eligible projects in Japan’s green transition bond will include controversial technologies like carbon capture, green hydrogen and ammonia.
The EU presidency is expected to propose that corporate climate-accountability rules initially exclude financial institutions as member states give in to bank lobby groups.
While there is no standard definition of a just transition, it usually refers to taking into account those impacted by the move to a net-zero economy, which some say is essential.
Talks on drawing up terms for a loss and damage fund ended without consensus due to insistence by wealthier nations that the World Bank host it.
Climate change and structural changes were some of the core topics at the World Bank and IMF’s annual meetings. …
The Monetary Authority of Singapore has released a paper exploring the possibility of closing coal plants early through carbon credits.
World leaders and economists agreed to create a framework and roadmap at the UN climate summit to address the green financing gap.
Green bond issuances surpass financing for oil, gas and coal, but uncertainties continue about the makeup and distribution of green bonds between ‘developed’ and ‘developing’ economies.
Discussions in India fail to meet a consensus on the Russia-Ukraine war, adding further doubt on introducing a debt restructuring framework in distressed nations.
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