Simon Jessop
Investor climate group Net-Zero Asset Managers suspends activities after BlackRock exit
BlackRock exits Net-Zero Asset Managers initiative amid U.S. political backlash, prompting coalition to suspend activities.
Analysis: Politics, not climate, to drive sustainable finance trends in 2025
Turbulent sustainable finance looms in 2025 as Trump's return fuels US–Europe regulatory split amid slow climate action.
Analysis: Exodus by Wall Street banks from climate group worries advocates
U.S. banks exit climate coalition NZBA amid political pressure, raising concerns over their commitment to reducing fossil fuel financing.
Acadia, companies eye $9 billion US renewables roll-out
Acadia and Microsoft aim to develop a $9B pipeline of renewable energy projects across the U.S.
Climate-vulnerable countries push for credit rating overhaul
Ratings given by the "Big Three" agencies consider the risks and potential for economic harm from climate change.
Climate Investment Funds board backs $500 million Ethiopia nature plan
CIF backs a $500M plan to restore degraded land in Ethiopia, protect forests, boost food security, and fight climate change.
UN calls for $2.6 trillion investment to reverse land degradation
Failure to restore degraded land harms U.N. efforts to cut emissions, protect biodiversity, and address agriculture's impacts.
Business seeks details in face of mixed COP29 climate messages
If nations deliver clear climate policies next year, COP29 finance and carbon market deals could unlock billions in the business world.
