Three of the five largest Australian corporate lenders now have policies restricting lending to new oil and gas projects. But a close analysis of their targets reveals plenty of loopholes they can still exploit.
Climate capital
After his SunCable renewable energy venture was tipped into administration and bought out amid an acrimonious billionaire fallout, co-founder Fraser Thompson is still thinking big with new startup Cyan Ventures.
Greg Combet's appointment as Future Fund chair has sparked speculation about the sovereign wealth manager's future direction. With a few mandate tweaks, it could play a more hands-on role in the net zero transition.
ESG conscious investors in the Australian renewable energy sector are paying top dollar and buying earlier, despite challenges getting projects off the ground.
With more than 700 million used garments sent to landfill each year, the fashion industry has a big sustainability problem to solve. If it fails, the government has promised to regulate it into action.
Having once shunned heavy-emitting companies, banks are now instead offering tailored loans to help them navigate the energy transition.
Advising companies on what to do about their climate and environmental impact, and investing in the solutions, is now big business.
Australia's carbon trading market has been dogged by accusations of fraud in the past. But as it moves from a voluntary to a compliance based system, supporters say its integrity issues have been resolved.
Grok has announced it will only focus on climate-related investments that support decarbonisation of the planet and achieving net zero.
Water startups have struggled to attract climate tech funding despite increasing global water scarcity. A new breed of Australian startups are working to change that.
A modified phrase in the Global Stocktake Text was enough to get all 200 signatories of the Paris Agreement on board to wrap up negotiations at COP28 in Dubai.
New research finds a disconnect between how loan books and equity markets are judging the risks of climate change.
With the annual UN climate change talks kicking off in Dubai, Australian negotiators should be encouraged by recent progress. But with the world on track for its hottest year on record, now isn’t the time for complacency.
The funding comes amid increased global pressure on mandatory emissions disclosures, particularly in its target market of the US.
Shemara Wikramanayake tells Capital Brief she isn't worried about the backlash against woke capitalism and sees green opportunities ahead.
Artificial intelligence can help insurers, bankers and investors save profits by saving the planet, according to SXSW panellists.
Trillions of dollars of economic output - and equity market value - could be vulnerable to nature risks. There are now calls for companies to disclose and manage it.
Companies are up to their necks dealing with decarbonisation. Now there is a new race - the nature-positive movement.
