Moriah Costa

Paris

Freelance Journalist at Freelance

Planning to write that novel one day. Financial journalist by day and an artist by night. Words in Business Insider, The Guardian, Hidden Compass, and more.

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Articles

Australian government juggles climate transition with support for gas projects

4 days ago | greencentralbanking.com | Moriah Costa

Australia’s landslide vote for the Labor Party in early May has given the government a clear mandate to tackle climate change as it makes a bid with Pacific countries to host Cop31 in 2026. More public spending to support the renewable energy transition is expected, even as the government conditionally approved an extension to 2070 of one of the biggest liquefied natural gas projects in the world. Australia is one of the biggest exporters of natural gas in the world.
Roundup: BoE needs to 'stay in its lane' on net zero, says deputy governor

1 week ago | greencentralbanking.com | Moriah Costa

A Bank of England official says the central bank needs to stay in its “swim lane” regarding net zero while Asia’s share of renewable energy is growing even as the global outlook on climate action remains uncertain. And the ECB’s Frank Elderson says the EU’s simplification push could increase costs for banks. All this and more in the latest roundup.
How China presses ahead as climate leader, even as the West wobbles

2 weeks ago | climateandcapitalmedia.com | Moriah Costa

Plotting out long-term goals with policy support has put the country on a steady transition trajectory In the first of a two-part profile of the world’s second-largest economy, the reasons for China’s lead on green finance and regulation come under the microscope. As the US pulls back from its climate policies, China is looking to become a leader in the energy transition and has already taken steps to expand its influence on green finance.
EU regulators warn omnibus proposal could increase financial risk

2 weeks ago | finance.einnews.com | Moriah Costa

The EU’s sustainable omnibus package promises to simplify climate reporting requirements for companies, reducing the scope for 80% of firms. But some financial regulators and experts are concerned the proposed changes would increase economic risk and make it more difficult to invest in green projects. The European Central Bank (ECB) has cautioned the EU from drastically reducing the scope of the corporate sustainability reporting (CSRD) and due diligence directives (CSDDD).
EU regulators warn omnibus proposal could increase financial risk

2 weeks ago | greencentralbanking.com | Moriah Costa

The EU’s sustainable omnibus package promises to simplify climate reporting requirements for companies, reducing the scope for 80% of firms. But some financial regulators and experts are concerned the proposed changes would increase economic risk and make it more difficult to invest in green projects. The European Central Bank (ECB) has cautioned the EU from drastically reducing the scope of the corporate sustainability reporting (CSRD) and due diligence directives (CSDDD).
EU’s omnibus proposal could exclude 85% of insurers from CSRD

2 weeks ago | greencentralbanking.com | Moriah Costa

Up to 85% of Europe’s insurers could be excluded from the corporate sustainability reporting directive (CSRD) due to the EU’s sustainable omnibus proposal, according to a report commissioned by nonprofit ShareAction. This would reduce transparency, data availability and accountability, and could make the EU more vulnerable to climate change shocks, the report found.
Nature risk could lead to inflation, BdF director says

3 weeks ago | greencentralbanking.com | Moriah Costa

Nature risk is just as important as climate risk and business dependency on ecosystems means banks are indirectly exposed, a Banque de France (BdF) director said on a panel at the Nature Finance Forum on 28 April in Paris.
China’s race to become a climate leader could be paying off

3 weeks ago | greencentralbanking.com | Moriah Costa

In the first part a two-part profile of the world’s second-largest economy, the reasons for China’s lead on green finance and regulation come under the microscope. As the US pulls back from its climate policies, China is looking to become a leader in the energy transition and has already taken steps to expand its influence on green finance.
Sri Lanka updates sustainability roadmap as it faces a $10.85bn finance gap

3 weeks ago | greencentralbanking.com | Moriah Costa

The Central Bank of Sri Lanka (CBSL) has released an updated sustainability roadmap, as the central bank governor highlighted the country’s need to increase its green investments to meet its climate goals. CBSL governor Nandalal Weerasinghe said Sri Lanka needs an estimated US$10.85bn by 2030 to meet its nationally determined contributions (NDCs) under the Paris Agreement. “Extreme weather events are no longer anomalies – they are the new normal, sustainable finance is not optional.
World Bank and IMF tread fine line on climate during spring meetings

1 month ago | greencentralbanking.com | Moriah Costa

The International Monetary Fund (IMF) is still committed to helping countries affected by climate change even as the Trump administration wants the World Bank and IMF to stop their climate and inclusion work. IMF managing director Kristalina Georgieva said the bank would still support countries affected by climate change even as it stays focused on incorporating Trump’s concerns into its policies.