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Showing 61 - 70 of 296 results for "MEC"

New report finds global carbon markets hit new record amid energy crisis

ROSE MARY PETRASS  |  MONDAY, 27 MAR 2023  |  NEWS
The energy crisis and broader inflationary pressures of 2022 strengthened policymaker's commitments and accelerated efforts to end fossil fuel dependency, reveals the 2023 International Carbon Action Partnership (ICAP)'s Emissions Trading Worldwide ...

2023 the year for business action on climate change: EY

RACHEL ALEMBAKIS  |  THURSDAY, 2 FEB 2023  |  NEWS
The Albanese government's action on climate change policy means that the pressure is on for Australian businesses to adapt and translate net zero commitments into "tangible, real and lasting action," according to EY. EY Oceania chief sustainability ...

Safeguard Mechanism reforms to prompt ACCU demand

RACHEL ALEMBAKIS  |  THURSDAY, 26 JAN 2023  |  NEWS
Demand for Australian Carbon Credit Units (ACCUs) will continue to be high, but there is an increased risk in a cumulative shortfall to 2030. An independent review of the Australian Carbon Credit Unit (ACCU) scheme - the Chubb Review - has found the ...

Chubb Review recommends reforms to ACCU governance

RACHEL ALEMBAKIS  |  THURSDAY, 12 JAN 2023  |  NEWS
An independent review of the Australian Carbon Credit Unit (ACCU) scheme has found the integrity of key methodologies is generally "sound," while recommending improvements to governance and transparency. The results of the Independent Review of Australian ...

Australian businesses exposed to EU carbon levy

RACHEL ALEMBAKIS  |  THURSDAY, 12 JAN 2023  |  NEWS
Australian businesses must prepare for the impacts of a forthcoming Carbon Border Adjustment Mechanism (CBAM) from the European Union, according to EY. In recent weeks, the EU has reached agreement on the structure of the CBAM, which would place a financial ...

ANZ leads issuance of US$50m gender-lens bond

RACHEL ALEMBAKIS  |  THURSDAY, 15 DEC 2022  |  NEWS
ANZ has led the issuance of a $50 million four-year Women's Livelihood Bond 5 (WLB5), a gender-lens sustainable bond that aligns with the Orange Bond Principles. The bond has been issued by Impact Investment Exchange (IIX), a pioneer in impact investing ...

Climate skills demand outstrips supply in finance: UTS

RACHEL ALEMBAKIS  |  THURSDAY, 15 DEC 2022  |  NEWS
There is a climate skills gap in the Australian financial industry, with demand for people with climate skills outstripping supply, according to research from the UTS Institute For Sustainable Futures. UTS Institute for Sustainable Futures recently ...

Carbon credits as a source of alpha: Apostle Funds Management

RACHEL ALEMBAKIS  |  THURSDAY, 8 DEC 2022  |  NEWS
Carbon credits markets represent an opportunity to generate return for investors, according to Apostle Funds Management's new head of its global carbon markets team. Luke Donovan recently joined Apostle as partner - global carbon markets from the ...

Carbon markets, biodiversity on tap at COP27

RACHEL ALEMBAKIS  |  THURSDAY, 17 NOV 2022  |  NEWS
The state of further technical negotiations on areas like carbon markets and loss and damage are the subject of the second week of COP27 in Sharm El-Sheikh The aim of COP27 is, among other issues, to finalse the text of Article 6 of the Paris Agreement ...

Vanguard launches positive impact fund

RACHEL ALEMBAKIS  |  TUESDAY, 18 OCT 2022  |  NEWS
Vanguard Australia has launched a positive impact global equities fund that aims to outperform the broad global equities market with a "measurable impact on global environmental and social challenges." The Vanguard Active Positive Impact Fund is a concentrated ...