If 2023 was about regulators clamping down on greenwashing and the overuse of terms such as ‘green’ and ‘ESG’, will 2024 be about bringing greater clarity around transition finance?

On January 1, 2024, the EU’s Corporate Sustainability Reporting Directive came into force. But what is it, and what do you need to know about it? 

Nature and biodiversity are more difficult to ‘solve for’ than climate, says the EBRD, as it unveils its nature strategy.

The EBRD’s climate strategy head gives us his take on COP28, why he believes the phasing out of fossil fuels is more a discussion about what happens in the 2040s, and why a global carbon price is still a long way off.  

Are standards developed to help banks set net-zero targets and report emissions being watered down?

The Facilitated Emissions Standard intends to minimise delay on climate progress, but the response has been mixed.

Inroads have been made at COP28 on voluntary carbon markets and calls for carbon pricing, but phasing out fossil fuels is still the ‘elephant in the room’.

In the first trade day to be held at COP, trade leaders from the ICC, WTO, Unctad and the ITC came together to highlight the role trade and trade finance can play in the transition to a lower-carbon future. 

Polish and Czech banks dominate the top 10 based on Tier 1 capital, with Hungary’s OTP Bank pipping PKO Bank Polski to first spot this year.

Huw van Steenis, vice-chair, Oliver Wyman, and former senior adviser to Mark Carney, says the changing macro-environment and focus on energy security could see a shift in priorities and pacing at this year’s meetings in Dubai.