After last year becoming the first buyer of Reef Credits, HSBC bank has teamed with the Nature Conservancy Australia to plan the world's first issuance of a nature-focused "blue bond".
A new UN-backed alliance has formed to develop a TCFD-style approach to disclosing impacts and dependencies on nature, and an Australian investor group says companies should start reviewing existing disclosures now.
Business leaders, investors, the ACTU and environment groups have issued an unprecedented call for action on climate change that includes a recommended list of responses to be part of the post-pandemic recovery.
HSBC and climate change advisory firm Pollination Group plan to raise US$6 billion for investment in nature-based projects and Australia is likely to attract a significant portion, according to Pollination co-founder Martijn Wilder.