Eight years after Liberal MP Greg Hunt pushed through the “safeguard mechanism” under prime minister Tony Abbott, the Albanese government is proposing to use it to slash the emissions of our largest polluters.
By Isla Binnie, Simon Jessop and Jake Spring MONTREAL (Reuters) - Global talks on protecting nature continue in Montreal, with the theme of Wednesday'.
Global talks on protecting
nature continue in Montreal, with the theme of Wednesday s
session dedicated to finance. The tricky issue of how to direct more money to projects
such as. | December 14, 2022
Below are some of the ways in which money is already moving, as well as several ideas for increasing the flow of finance. SOVEREIGN DEBT Linking biodiversity gains to the cost of a government's sovereign debt is expected to grow in popularity in the coming years as more emerging market countries look to secure cheaper funding to invest in nature. Chile this year became the first country to issue a sovereign sustainability-linked bond, raising $2 billion to help fund its climate goals.
By Jake Spring and Simon Jessop SAO PAULO (Reuters) - As the U.N. COP15 summit in Montreal aims to halt rapid destruction of nature and restore degrad.