News / #divestment
Policy & Finance
Insurers and reinsurers need to play a role in lowering the cost of Asia’s coal phase-out: GFANZ
Several big insurers have pulled out of the coal business due to their exclusion policies in recent years. The investor group's regional network plans to start persuading these players to consider covering early retirement transactions.
Policy & Finance
Treat low carbon bill as investment pact to tap on cost-competitive deals, Philippine lawmaker urges private sector
The Philippines has no formal net-zero commitment, reminds congresswoman Anna Victoria Veloso-Tuazon at the Unlocking capital for sustainability event held in Taguig. The new bill can bridge the climate investment gap and help businesses become Paris-aligned.
This special report looks at how a coal plant in Batangas, Philippines, could become the world’s first to be retired using the novel class of carbon credits. Are the methodologies sound, and how will just transition plans be implemented?
ANZ, Commonwealth Bank, NAB, and Westpac loaned US$2.43 billion to finance fossil fuel projects last year, despite having committed to global climate goals. Most of the loans fall under general-purpose corporate lending and bonds, which are harder to track than direct project loans.
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Policy & Finance
Top banks 'bankrolling destruction' in Amazon, says report
12 April 2024
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Carbon & Climate
Eco-Business’ 10 most read stories of 2023
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