Genevieve Redgrave’s Post

What happened in #Bonn on international #carbonmarkets? Maggie Comstock has your TL;DR: (1) ✅ Authorization + revocation: Parties focused on addressing technical topics to reduce options + issues leading up to #COP29 (2) 📇 Two camps on registries: centralized or decentralized (3) ❓ With no globally agreed upon term for "emissions avoidance", negotiations on whether it should be pat of #A6 has been challenging... https://lnkd.in/eY-pMWGD

Happy New Week 🌱 Your weekly recap of what made the news last week as it relates to Sustainability and Climate related matters. #InCaseYouMissedIt 📝Zambia is set to launch a sovereign wealth fund in 2025. https://lnkd.in/dc3Hg2Tq 📝EU proposes to delay landmark anti-deforestation law by 12 months. https://lnkd.in/dxYddEfW 📝End of an era as Britain’s last coal-fired power plant shuts down. https://lnkd.in/dAJsTueX

I'm still immersing myself in all things #BlueEconomy and naturally, I've hit #BlueFinance! It's all about supporting projects that champion ocean conservation and the sustainable utilisation of marine resources. From impact investing to blue bonds, there are so many ways to financially bolster the Blue Economy. 🌊💙 #Sustainability #Ocean #Investing #BlueBonds #EconomicGrowth IFC - International Finance Corporation Asian Development Bank (ADB)

#UpdateFromTheFrontlines: ICSC joined the Greening the Banks (GTB) initiative—a virtual capacity-building dialogue focused on the significance of green financial taxonomies in advancing sustainability within financial institutions held on September 19, 2024. Climate Policy Manager Janssen Martinez served as a panelist during the webinar, which ICSC co-organized with Allotrope Partners. Martinez emphasized the crucial role of #GreenTaxonomies in driving the clean #EnergyTransition. He also pointed out key gaps in the #ASEANTaxonomy—including the need for better local tracking, greater support for MSMEs and electric cooperatives, stronger social safeguards, clearer MRV processes, and a focus on real-world impact—and gave recommendations to make green taxonomies more effective, inclusive, and aligned with environmental and sustainability goals (SDGs). Other organizations present during the panel include EuroCham Vietnam and the Bangko Sentral ng Pilipinas.

As China aims for “carbon peaking and carbon neutrality” to reduce and then eliminate altogether the country’s carbon emissions and to help address the challenges of climate change, so China’s policy makers have introduced a range of policies to encourage sustainable development. These include policies and regulations to support green finance (financial support for high-tech environmentally focused businesses and renewable energy). The Administration of Carbon Emission Trading was formally adopted at the executive meeting of the State Council on January 5, 2024, laying out the basis of the institutional framework for administration of the carbon emission trading in the mandatory National Carbon Market. As Fangda’s renowned FIG team write in Fangda’s Annual Review of China’s financial services sector, in the coming year we can expect greater connection between the carbon market and the green resource framework, as well as other important measures such as the unified ESG disclosure standards, climate finance, and the carbon footprint regulatory framework. For these and more, please check this full report. Grace YU Siyuan Pan Xiaoqian Zou Lily Yan Sam Wang

Current issue highlight: Do foreign #InstitutionalInvestors influence corporate #ClimateChange disclosure quality? Research by Sudipta Bose, PhD (UNSW), MBA, BBA (Hons), CA (CAANZ), FCMA, Edwin Lim, Kristina Minnick & Syed Shams, PhD, reveals that the positive association between foreign institutional ownership and climate change disclosure quality is more pronounced for (1) firms domiciled in stakeholder-orientated countries, (2) firms domiciled in countries that adopt emission trading schemes, and (3) firms with a greater level of information asymmetry. https://lnkd.in/gFJFfS3k #CGIRjournal #CorpGov #FirmValuation #CarbonDisclosureProject #Owners #OpenAccess

Sustainable finance has done a great job backing "green" assets, but most companies live in the transition zone, especially in emerging markets where decarbonization is still a challenge. The real task now? Channeling capital to these sectors that are crucial for global climate goals. Transition finance products like Transition Loans are exactly what’s needed to bridge this gap, ensuring companies can make meaningful strides without getting stuck in a greenwashing debate. Emerging markets need this support more than ever to unlock sustainable growth and stay in the race for a low-carbon future. thanks Nina Ahlstrand for the great work at DNB. looking forward to connecting further on this #TransitionFinance #EmergingMarkets #SustainableGrowth #ClimateAction

Did you know that National Australia Bank was the first bank in the world to issue a Climate Bonds Standard certified Green Bond? The Climate Bonds Standard is an international benchmark that assists investors in prioritising investments that finance climate change solutions. This groundbreaking initiative was aimed at funding projects with positive environmental outcomes, setting a significant precedent for future green investments in the country funding projects that benefit the environment, paving the way for greener investments. Let's celebrate innovative finance that supports our planet! 🌱💚 #finance #esg #greenfinance #greenbonds

🗞️ Will other nations updating their NDCs follow the UK's move to broaden carbon pricing initiatives? Find out in our latest carbon market update, now available online in our free market intelligence platform. This week we cover: 1️⃣ The UK's new consultation on expanding the scope of its Emissions Trading System to the maritime sector 2️⃣ Verra’s moves to boost the Brazilian state of Amazonas' carbon markets 3️⃣ Market issuance and retirements activity from 25 November - 1 December 4️⃣ The best of the rest – what else we're reading this week Access our market updates and a host of other carbon market tools by signing up to our free platform here: https://lnkd.in/gGvHCp3q #CarbonMarkets #ETS #EmissionsTrading #VoluntaryCarbonMarket #VCM #ClimateAction #ClimateFinance #Policy #Regulation

The primary goal of the #SustainableFinance market is to channel capital toward sustainable investments. Since inception, the market has done a fairly good job in directing funds towards assets that are already ‘green’. However, truly ‘green’ assets represent a relatively small share of the overall market, and the same goes for the other end of the spectrum. Most assets and companies fall somewhere in between. To reach global climate targets, more capital needs to be invested in transitioning these companies. However, with the lack of formal standards and a constant lingering fear of being accused of greenwashing, there are some hurdles in the market. This is why we have launched a #TransitionLoan product in DNB, taking a forward leaning and innovative approach to try to help clients overcome these hurdles. Thank you Ahren Lester and Environmental Finance for letting Morten Knutzen and I share a our reflections on the topic. Please follow the link below to read the full article, and do not hesitate to reach out if you would like to know more!