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Take Five: Twin Peaks

Chris Hall

Developed countries have belatedly reached a target for climate finance, only to be set a new one for nature. Developed nations mobilised US$115.9 billion of climate finance for developing countries in 2022, it was revealed this week, exceeding for the first time the US$100 billion annual level set in Copenhagen in 2009.

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Stopped in its Tracks

Chris Hall

Mandatory EU Green Bond Standard risks slowing issuance, but voluntary approach can still drive Taxonomy-aligned volumes. On the face of it, the market for green bonds is heading in the right direction, and fast.

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Reflecting on COP27's Loss and Damage Fund Agreement

3BL Media

degrees Celsius (above pre-industrial levels) as outlined in the landmark Paris Agreement, through a collection of decisions. This included the reduction of greenhouse gas emissions, adapting to climate change impacts, and boosting the support of finance, technology and capacity building needed by developing countries.

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AllianceBernstein Commits to Net Zero Pathway

3BL Media

degree Celsius pathway by 2050, in support of the Paris Agreement. Increasing Climate-Finance Exposures: With climate opportunities and green revenues already pursued by many of AB’s strategies, AB will maintain its focus on equity and fixedincome climate-finance investments as appropriate opportunities present themselves.

Net Zero 264
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Commodity AND Security

Chris Hall

Since then, the Paris Agreement and COP26 put forth new demands, resulting in more robust national climate action plans and the recognition that public and private sector initiatives across both developed and developing were required to achieve net zero. Contextualising carbon as a commodity.

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ESG Bond Issuance to Quadruple by 2025

Chris Hall

The market for climate-aligned bonds has developed in response to a shortage of ESG-labelled debt, with investors seeking instead to identify the debt securities of firms deriving the vast majority of their revenues from climate-aligned activities. Green bonds accounted for around half of all issuance (US$488.8

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Time to Ramp up Bondholder Engagement with Sovereigns

Chris Hall

Governments signed up to the Paris Agreement are currently preparing the next set of plans to reduce their carbon emissions, known as nationally determined contributions (NDCs), which are due by 2025. At this year’s COP29 in Azerbaijan, the governments of developed countries will be required to establish a new climate finance goal.